President Donald Trump has revealed in his recent interview that “a group of very wealthy people” will be buying TikTok soon.
Buyer Identified, Says Trump, But Name Withheld
While appearing on an interview with Maria Bartiromo on Fox News on Sunday morning, Trump stated that his administration has already identified a buyer for TikTok, but he refused to name the company, saying that he will make so public in “about two weeks.”
“We have a buyer for TikTok… I’ll need probably China approval and I think President Xi will probably do it… It’s a group of very wealthy people,” he asserted.
Trump Applauded for Efforts to Save TikTok
President Trump has been applauded in his second term by young generation to make an effort to rescue TikTok. The White House has been making an extra effort to find a buyer to acquire the app from Chinese owners, again and again pushing the deadline further.
While September 17 remains the current deadline, President Trump does not seem to have been averse to extending it again in an effort to prevent TikTok from being banned in the United States.
.@POTUS: “We have a buyer for TikTok… I’ll need probably China approval and I think President Xi will probably do it… It’s a group of very wealthy people.” pic.twitter.com/N8tWYfKjYg
— Rapid Response 47 (@RapidResponse47) June 29, 2025
Public Reaction Buzzes Online
Meanwhile, several people took to X to react to Trump’s announcement, with one writing: “Would be huge if TikTok were in American hands as well. It needs to happen!”
“Elon is probably one of them,” another guessed.
“Better we own it than China,” a third user commented, while the fourth one said, “TikTok will survive. There will be a buyer. It’s happening.”
Trump Admits Fondness for TikTok
Trump, whose 2024 re-election campaign had heavily depended on social media, said he liked TikTok. “I have a tiny warm space in my heart for TikTok,” he said in an interview with NBC News in early May. “If it needs an extension, I’d be happy to extend it.”
A 2024 US law forced TikTok to shut down by January 19 unless ByteDance had completed the sale of the app’s US assets or made significant progress towards a sale.
