Shou Zi Chew, the CEO of TikTok, is set to attend U.S. President-elect Donald Trump’s inauguration, as reported by The New York Times. According to sources, Chew has been invited to sit in a position of honor during the event, traditionally reserved for former presidents, family members, and other distinguished guests.
TikTok and its Chinese parent company, ByteDance, have not yet commented on this development. The announcement comes at a time of significant uncertainty for the app in the U.S. Despite having over 170 million American users and generating an estimated $20 billion in revenue by 2025, TikTok faces the imminent threat of a ban due to national security concerns.
The U.S. government has mandated that ByteDance must divest its U.S. operations by January 19, or face a nationwide ban on the app. The law, signed by President Joe Biden last April, has triggered a legal battle, with the U.S. Supreme Court currently deliberating whether to uphold or pause the ban.
There are also reports that Trump is considering issuing an executive order that would delay the shutdown by 60 to 90 days, although the legal framework for such a move remains unclear. TikTok has made plans to shut down its U.S. operations on Sunday unless there is a last-minute intervention.
As the situation continues to unfold, the future of TikTok in the U.S. remains uncertain, with both the company and lawmakers exploring various potential solutions.