TikTok has been around since 2016 and has quickly become one of the most popular social media platforms, boasting more than 800 million users worldwide. As a result, many investors are asking if it’s possible to buy TikTok shares.
The short answer is yes, you can buy TikTok shares.
TikTok is owned by Chinese company ByteDance and is currently not publicly traded on any major stock exchange. However, there are other ways to invest in the company, such as through special purpose acquisition companies (SPACs).
SPACs are essentially blank-check companies that allow investors to invest in private companies without going through a lengthy IPO process.
For example, the SPAC Social Capital Hedosophia Holdings Corp. V recently announced its plans to acquire a minority stake in ByteDance. This would allow investors to purchase “units” that represent shares in the company without actually investing directly into the company itself. These units will likely be listed on NASDAQ once the acquisition is complete, making it easier for investors to buy and sell them.
In addition, there are a number of secondary markets where investors can buy and sell shares of private companies like ByteDance. These markets typically require large minimum investments and may also have restrictions on who can participate.
Finally, some investors may choose to invest in mutual funds or ETFs that contain stocks related to social media or technology companies like ByteDance. This will give you exposure to the performance of the company without actually investing directly in its shares.
Conclusion:
In conclusion, it is possible for investors to purchase TikTok shares via special purpose acquisition companies (SPACs), secondary markets, or mutual funds/ETFs that contain stocks related to social media or technology companies like ByteDance.