
The deadline for TikTok to sell the app’s U.S. operations is looming, and the app that is used by one-third of Americans could be banned.
In January, the U.S. Supreme Court upheld a federal law that required ByteDance, TikTok’s China-based parent company to sell its operations or face a nationwide ban. The ban later went into effect and the Chinese-owned app stopped working for Americans for about 12 hours. President Donald Trump signed an order that delayed the enforcement of the ban for 75 days until April 5.
With the deadline to sell a day away, here’s what we know about the rumored potential buyers of the platform.
Why It Matters
The justices ruled that TikTok’s ties to China pose significant national security risks, outweighing concerns about free speech for the app and its 170 million American users.

OLIVIER DOULIERY/AFP via Getty Images
Who Could Buy TikTok?
Trump has appeared confident that a deal will come before the deadline and said at Air Force One on Sunday that they have “a lot of potential buyers” and that there is “tremendous interest in TikTok,” according to Reuters.
There have been multiple reports of prominent bidders for the platform’s U.S. operations. Here are some of the names that have been reported.
Amazon
Amazon has made a bid for all of TikTok, according to three unnamed people familiar with the bid who were cited by The New York Times.
AppLovin
AppLovin, a publicly traded company has made an offer for TikTok. In a statement shared with Newsweek,AppLovin co-founder and CEO Adam Foroughi said: “We have a deal that can provide a win for the Trump Administration and for the creators of TikTok. Our proposal is an enhancement to the current deal being discussed with Oracle and investors, but it is a bigger deal. One where we would merge with all of TikTok global outside China. It would solve the national security issues domestically and resolve data and security issues in other markets too.
“This would be Americans first, but also a win for the Chinese team that built this amazing business, because with a merge they would gain access to the public markets, and gain access to our advertising expertise, getting benefit from all the future growth of this business. We have also talked to strategic investors about the proposal.”
Hbar and Zoop
Cryptocurrency foundation Hbar and Zoop, a startup led by Tim Stokely, the co-founder of OnlyFans, submitted a plan to buy TikTok to the White House, according to USA Today.
Marc Andreessen and Oracle
Marc Andreessen, who founded U.S. venture capital firm Andreessen Horowitz, is reportedly part of a group of American investors led by Oracle that is aiming to separate the social media app from ByteDance, according to the Financial Times.
Project Liberty
An organization founded by the former Los Angeles Dodgers owner Frank McCourt that also involves Shark Tank investor Kevin O’Leary and Reddit co-founder Alex Ohanian has bid for the platform, according to a previous statement from Project Liberty’s statement from Project Liberty’s President Tomicah Tillemann.
MrBeast
A group of investors led by the Employer.com founder and CEO Jesse Tinsely that also involves Jimmy Donaldson, aka MrBeast, submitted a bid earlier this year, according to a news release.
Perplexity AI
The U.S.-based search engine Perplexity AI proposed a merger with ByteDance in January, according to Reuters. This would result in a new entity, a combination of Perplexity AI and TikTok, as opposed to a sale.
Rumored Purchase Reports
Earlier this year, there were reports that Elon Musk, the tech billionaire and head of Trump’s Department of Government Efficiency, was being eyed by Chinese authorities as a potential buyer of TikTok. However, TikTok has shut down the reports, and in an email previously shared with Newsweek a spokesperson said: “We cannot be expected to comment on pure fiction.”
Newsweek has reached out to Amazon and Andreessen Horowitz via email for comment.
What People Are Saying
President Donald Trump, on Truth Social on January 19: “SAVE TIKTOK!”
Vice President JD Vance, in an early March press release about the sale: “There will almost certainly be a high-level agreement that I think satisfies our national security concerns, allows there to be a distinct American TikTok enterprise.”
TikTok CEO Shou Chew, in a video on the platform in January after the first ban was lifted: “On behalf of everyone at TikTok and all our users across the country, I want to thank President Trump for his commitment to work with us to find a solution that keeps TikTok available in the United States.”
What Happens Next
The deadline for ByteDance to sell its U.S. operations is April 5.