- Messages
- 3,887
- Reaction score
- 858
- Points
- 168
The latest reports indicate that Blackstone is considering purchasing a small stake in TikTok. There have been no recent reports on whether any other companies are leading the race to acquire TikTok. They’re also planning to have it sold by April 5, but it might be slightly delayed if a deal isn’t worked out.The executive order President Donald Trump signed for the deadline TikTok is to be sold is April 5, 2025. It should be sold by them hopefully.

Blackstone eyes small stake in TikTok’s US operations: Report - The Tech Portal
Blackstone is reportedly considering acquiring a minority stake in TikTok's US operations. This initiative involves collaborating with

New York-headquartered private equity major Blackstone is reportedly considering acquiring a minority stake in TikTok’s US operations. According to a report by Reuters, this initiative involves collaborating with existing non-Chinese shareholders of TikTok’s parent company, ByteDance – including Susquehanna International Group (holds around 15%) and General Atlantic – to spin off TikTok’s US operations into a separate entity and inject new capital.
Interestingly, the primary aim of this potential move is to reduce Chinese ownership in the new business to below 20%, in compliance with US legal requirements. Along with its financial impact, Blackstone’s involvement is even more notable given that its CEO, Stephen Schwarzman is a prominent Republican donor and Trump supporter who also has significant business stakes in China.
Coming back to the current scenario, several companies and investor groups have expressed interest in acquiring TikTok’s US business. For example, Perplexity AI recently proposed a bid to acquire TikTok, aiming to transform the platform by open-sourcing its algorithm and enhancing personalization. Additionally, Oracle (which currently serves as a cloud-computing partner for TikTok) is also reportedly participating in negotiations to spin off TikTok’s US operations. The proposed plan includes Oracle taking a stake in the new entity and ensuring the security of American user data.
These developments become significant considering the widely popular but controversial social media platform – TikTok has an estimated 1.6 billion monthly active users worldwide (including 136 million in the United States).