President Donald Trump said in an interview broadcast on Sunday that he had found a buyer for TikTok, a group of "very wealthy people" who he will reveal in about two weeks.
Trump made the remarks in an interview on Fox News Channel's "Sunday Morning Futures with Maria Bartiromo."
Trump said earlier this month that he had signed an executive order extending the June 19 deadline for China-based ByteDance to divest the U.S. assets of short-video app TikTok for 90 days.
"I've just signed the Executive Order extending the Deadline for the TikTok closing for 90 days (September 17, 2025)," he said in a Truth Social post.
Trump had already twice granted a reprieve from enforcement of a congressionally mandated ban on TikTok that was supposed to take effect in January.
The first one was through an executive order on Jan. 20, his first day in office, after the platform went dark briefly when the ban approved by Congress — and upheld by the U.S. Supreme Court — took effect.
The second was in April, when White House officials believed they were nearing a deal to spin off TikTok into a new company with U.S. ownership that fell apart after China backed out following Trump’s tariff announcement.
It is not clear how many times Trump can — or will — keep extending the ban as the government continues to try to negotiate a deal for TikTok, which is owned by China’s ByteDance.
Trump has amassed more than 15 million followers on TikTok since he joined last year, and he has credited the trendsetting platform with helping him gain traction among young voters. He said in January that he has a “warm spot for TikTok.”
Material from Reuters and the Associated Press was used in this article.
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