gave evasive testimony to Congress last week, according to Wedbush analyst Dan Ives. Instead, the ban could mean that TikTok will be granted a three- to six-month window to either go public via an IPO, or sell itself to an American company. "An IPO and potential spin-off are also potential outcomes although the much discussed algorithm remains a major X variable as detaching the algorithm from ByteDance would be a very complex process with much scrutiny from US regulators," Ives said, adding that a wall of legal challenges from ByteDance could delay any progress towards a potential sale