It is true that the ban, running under the legislation titled "Protecting Americans from Foreign Adversary Controlled Applications Act," has run on the grounds that the app poses "a national-security threat of immense depth and scale," according to the U.S. Justice Department .

If not sold, the app would be banned on9.

If ByteDance decides to sell, TikTok's U.S. operations could be worth as much as $50 billion. The Chinese government has considered a plan in which Elon Musk could acquire TikTok's operations as part of several potential scenarios.