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President Trump plans to take away China’s No. 1 export . . .
The fastest growing social media app, known as TikTok.
Executive Order on Addressing the Threat Posed by TikTok
Trump’s executive order effectively BANS TikTok in the U.S. And it will force ByteDance – the parent company of TikTok – to sell off the social media app.
The move could encourage TikTok to accelerate plans for an initial public offering. And early investors could grab Pre-IPO shares before that happens.
Go here for details on the Billionaires’ Pre-IPO Secret.
TikTok IPO Vs. Microsoft
Microsoft has confirmed that it’s in talks to acquire TikTok’s U.S. operations in a cash deal.
Other tech giants including Facebook (NYSE: FB) and Google (NASDAQ: GOOGL) are already under government scrutiny. And that would make it difficult for them to get approval to acquire TikTok.
TikTok is privately held and currently valued at $50 billion. And its revenues are expected to exceed $1 billion this year.
The company’s venture capital investors – including General Atlantic and Sequoia Capital – also want to buy out the company.
They may be considering a buyout that includes taking TikTok public in a secret IPO.
That could satisfy President Trump. It would allow the current Chinese owners to divest their ownership. And U.S. investors could see considerable upside to the stock price in the market.
A speedy IPO is completely possible – and could hand regular investors triple-digit profits.
Click here to discover this Pre-IPO secret for 839% profits.
Why Does Trump Care About Teenagers on a Video App?
The TikTok social media app is very popular among teenagers. It’s used to create and share short videos.
Millions of kids are stuck at home during the pandemic. That’s sparked huge growth for TikTok. There have been over 2 billion downloads of the app – including 100 million Americans.
Trump’s executive order explains that TikTok poses a national security threat to the U.S. It also suggests that the company could share Americans private data with the Chinese government.
Here’s what the executive order says:
“This data collection threatens to allow the Chinese Communist Party access to Americans’ personal and proprietary information — potentially allowing China to track the locations of Federal employees and contractors, build dossiers of personal information for blackmail, and conduct corporate espionage.”
That may sound far-fetched.
However, a couple of years ago China passed a law that requires individuals and companies in the county to assist with any espionage request.
The clock is counting down to Trump’s Sept. 21 deadline, when his executive order takes effect.
Go here to prepare for TikTok’s secret IPO.
Yours in Health & Wealth,
Ian Wyatt