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tlogan • 01/18/2025 • 2 replies • view on HN

If TikTok is truly banned on Sunday and no action is taken to stop it, the company’s value could drop significantly—perhaps by as much as 90%.

This raises an even bigger question: Who really owns TikTok? Who is the true decision-maker behind the scenes? Who is so wealthy and powerful that they’re willing to let $100 billion vanish? The answer to that question will be more obvious.


Replies

lmm • 01/18/2025

> Who really owns TikTok? Who is the true decision-maker behind the scenes? Who is so wealthy and powerful that they’re willing to let $100 billion vanish?

They're hardly "letting" it happen. What exactly can you do when the US government decides they want to smash your business and take your stuff?

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Alifatisk • 01/18/2025

You really believe their value could drop by 90% because of this? 90%!!!

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