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Trump approves TikTok deal through executive order, Vance says business valued at $14 billion
CNBC Television· 2025-09-25 21:35
John, the president just signed an executive order attesting that the new Tik Tok deal that's being contemplated here does comply with US law and satisfies national security concerns. But as he was discussing the deal, we got a couple of new details about what's envisioned here, including a new total valuation that the vice president gave in the Oval Office just a short time ago. Take a listen.>> Uh the company will be valued around $14 billion. We actually think this is a good deal for investors, but ultim ...
Trump signs TikTok executive order, company valued around $14 billion
Youtube· 2025-09-25 21:19
Group 1 - The new TikTok deal is valued at approximately $14 billion, which is considered a favorable opportunity for investors, although the final investment decisions will be made by them [2][5] - The deal ensures that an American entity and American investors will control TikTok's algorithm, addressing national security concerns while keeping the platform accessible [3] - There is uncertainty regarding whether the U.S. will take a revenue stream from the new TikTok U.S., with future announcements expected [4] Group 2 - The valuation of ByteDance, TikTok's parent company, was previously around $330 billion, indicating a significant difference in valuation compared to the new TikTok U.S. deal [5]