TikTok, the popular short video sharing platform, has been on the rise over the past few years – and it’s no surprise why. From its lighthearted content to its innovative features, TikTok has quickly become a top choice for content creators and viewers alike. With such immense popularity, many people are wondering if they can buy stock in TikTok.
Is TikTok a Publicly Traded Company?
Unfortunately for investors, the answer is no. Currently, TikTok is not a publicly traded company.
This means that it is not listed on any public stock exchange such as the New York Stock Exchange or NASDAQ, and it does not offer any stocks for sale to the public. The company is owned by ByteDance, a Chinese tech giant that purchased Musical.ly (TikTok’s predecessor) in 2017. ByteDance is currently a private company and does not offer any shares of ownership to outside investors.
Will TikTok Ever Go Public?
It’s impossible to say with certainty if or when TikTok will ever go public. However, given its immense popularity and potential for growth, there is certainly potential for an initial public offering (IPO).
If an IPO were to occur, it would likely be one of the largest IPOs in history – potentially surpassing companies such as Facebook and Uber in terms of market value. Unfortunately for investors, there are currently no plans for an IPO on the horizon.
What Other Options Do Investors Have?
For those who are looking to invest in companies related to TikTok, there are still some options available. For example, investors can purchase stocks in other tech giants such as Alphabet (Google) or Microsoft which both have significant investments in ByteDance and/or have partnerships with TikTok. Additionally, some of ByteDance’s other subsidiaries such as Douyin (the Chinese version of TikTok) have recently gone public on Chinese stock exchanges – making them another potential investment option for those interested in investing in companies related to TikTok.
Conclusion: Can You Buy Stock In TikTok?
At this time, no – you cannot buy stock in Tik Tok directly since it is still a privately held company owned by ByteDance. However, there are still investment options available through other tech giants or ByteDance’s other subsidiaries that could be considered by interested investors who want exposure to companies related to Tik Tok.