Fact Check: Trump claims wealthy buyers ready to acquire TikTok.

Fact Check: Trump claims wealthy buyers ready to acquire TikTok.

Published June 30, 2025
by TruthOrFake AI
VERDICT
True

# Fact Check: Trump claims wealthy buyers ready to acquire TikTok ## What We Know Recently, former President Donald Trump stated in a Fox News interv...

Fact Check: Trump claims wealthy buyers ready to acquire TikTok

What We Know

Recently, former President Donald Trump stated in a Fox News interview that he has a group of "very wealthy people" who are prepared to acquire TikTok, the popular video-sharing app that has faced scrutiny over national security concerns. Trump mentioned, "I'll tell you in about two weeks," implying that further details would be forthcoming (BBC). The context of this claim is significant, as TikTok's parent company, ByteDance, has been under pressure to sell the app due to fears that it could potentially share user data with the Chinese government, a claim that TikTok has consistently denied (BBC).

Trump's assertion comes amid ongoing legal and political maneuvers regarding TikTok's future in the United States. A law mandating the sale of TikTok was passed by Congress, with enforcement deadlines being delayed multiple times by Trump himself (BBC). The latest extension requires a deal to be reached by September 17, indicating a sense of urgency in the negotiations (BBC).

Analysis

The claim that Trump has identified wealthy buyers for TikTok is substantiated by his own statements during the Fox News interview. However, the reliability of this claim hinges on several factors. First, while Trump has a history of making bold assertions, the actual existence of these buyers remains unverified. The phrase "very wealthy people" is vague and lacks specific identification or evidence of their commitment to purchase the app.

Moreover, the political context surrounding TikTok complicates the situation. The previous attempts to facilitate a sale fell through, primarily due to deteriorating relations between the U.S. and China, which raises questions about whether any potential buyers would be able to navigate the necessary approvals from the Chinese government (BBC). Trump's optimism about President Xi Jinping's willingness to approve the sale may not reflect the complexities of international negotiations, especially given the geopolitical tensions involved.

Additionally, the credibility of the sources reporting this claim, such as BBC and Reuters, is generally high, as they are established news organizations known for their journalistic standards. However, the lack of independent confirmation regarding the identity and financial backing of the purported buyers leaves a gap in the overall reliability of Trump's assertion.

Conclusion

The claim that Trump has a group of wealthy buyers ready to acquire TikTok is True in the sense that Trump made this assertion publicly. However, the evidence supporting the claim is primarily based on his statements, which lack independent verification and specificity. While the claim is factually accurate as stated, the broader implications and feasibility of such a sale remain uncertain due to political and regulatory hurdles.

Sources

  1. Trump TikTok: President says he has a buyer for popular app
  2. Trump: 'very wealthy people' set to buy TikTok | REUTERS

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