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by throwaway4good 821 days ago
It is a shakedown and a repeat of Trump's ban 4 years earlier.

An attempt to force a sale at a suppressed price to politically connected US investors.

Funny thing is that if the US allowed TikTok to IPO in the US, Bytedance probably would be happy to do so.

Only it would be at a price closer to that of Meta than that of Reddit.

1 comments

What is preventing TikTok IPOing in the US? Are there rules against foreign owned companies or something?