The clock is ticking down on TikTok in America. A law that requires TikTok to find a new, non-Chinese owner or face a ban is scheduled to go into effect Sunday — and there is little indication the company is set to pull off a sale before then.

STORY: The U.S. Supreme Court refused to rescue TikTok on Friday from a law that required the popular short-video app to be sold by its Chinese parent company ByteDance or face a ban on Sunday in the United States on national security grounds.

The Supreme Court’s ruling represents the end of TikTok’s legal fight for survival. Its faint hopes now rest on a political solution. Donald Trump, who is due to become president on January 20th, the day after TikTok’s banishment,

The popular platform could be banned on Jan. 19 under a federal law, while many parties have expressed interest in buying the asset.

An approaching TikTok ban will impact millions of people who rely on the app for their livelihood. On Friday, the Supreme Court upheld the federal law banning TikTok unless it’s sold by its China-based parent company, as reported by The Associated Press (AP).

TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.

TikTok CEO Shou Zi Chew thanked Donald Trump for his commitment to "finding a solution" that keeps TikTok available in the U.S. after the ruling.

The fate of 170 million TikTok users is now in the hands of President-elect Donald Trump.On Friday, the U.S. Supreme Court upheld the law that requires TikTok to be sold to a U.S. company or be banned by Sunday,

Shareholders of Palantir Technologies ( PLTR 3.65%) just had a fantastic year. The stock gained 340% in 2024, making it the best-performing component of the S&P 500 ( ^GSPC 1.00%). That may seem like a bullish signal, but the Wall Street analysts covering the data analytics company are surprisingly (and overwhelmingly) bearish on it.

Several parties have expressed interest in buying the platform, but ByteDance has repeatedly said it does not plan to sell. Experts have also noted the Chinese government is unlikely to approve a sale that includes TikTok's coveted algorithm.

Investors are appraising Trump policies' likely impact on stocks on the last trading day before the inauguration.