As TikTok faces a potential ban in the U.S., President Trump has proposed the creation of a new entity called 'TikTok America,' primarily owned by American investors while retaining a stake for ByteDance. The plan involves distributing 50% ownership to U.S. investors and allowing ByteDance to keep a 19.9% stake. Although Trump intends to broker deals for the sale, it remains unclear if the proposal has Chinese government approval. Meanwhile, several investors, including MrBeast and Perplexity AI, have expressed interest in purchasing TikTok's U.S. operations.