TikTok generated 16.1 Billion in 2023, would be ~ 322 billion stock based on industry average of 20x. Since none of the congressional sponsors are making money from that they want it banned or sold to them before it matures and they can’t profit. That’s why the U.S. ban is happening.
TikTok generated 16.1 Billion in 2023, would be ~ 322 billion stock based on industry average of 20x. Since none of the congressional sponsors are making money from that they want it banned or sold to them before it matures and they can’t profit. That’s why the U.S. ban is happening.