Vice President Vance looks on as President Donald Trump signs an executive order in the Oval Office on Sept 25, 2025 in Washington, DC. Trump signed an order approving a partial sale of TikTok’s U.S. operations, following a 2024 law requiring parent company ByteDance to divest or face a ban. Andrew Harnik/Getty Images
Andrew Harnik/Getty Images
The Trump administration recently approached a coalition of U.S. investors set to take over TikTok’s U.S. operations with an ask: Will the group make a payment to the federal government “in the low billions,” according to a person with direct knowledge of the talks.