- TikTok is discussing the possibility of separating from ByteDance to address national security risks.
- Divestiture could result in a sale or IPO if existing proposal with national security officials doesn't get approved.
- TikTok's US business could be valued at $40 billion to $50 billion based on social media multiples and other factors.
- TikTok is under scrutiny for its Chinese ownership and is working to address concerns about data transfers.
- TikTok is also facing potential legislation in Congress calling for banning the app or selling it.
TikTok Considers Splitting From ByteDance If Deal With US Fails
TikTok’s leadership is discussing the possibility of separating from ByteDance Ltd., its Chinese parent company, to help address concerns about national security risks.
Alex Barinka
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