Incredible.

Isn't ByteDance already owned 60% by international (mostly American) investors?

https://usds.tiktok.com/who-owns-tiktoks-parent-company-byte...

You need to drill deeper to figure out who really holds the money bag. Not to say I know anything, but this page doesn't really say much.

But again, I don't really care about the nationality of the elites.

Have a look at the golden shares part of that, 1% gets you a lot.

https://markets.businessinsider.com/news/stocks/tiktok-ban-b...

Per the article, those shares are not in TikTok:

> The ByteDance unit that sold golden shares to China's government holds the licenses of Toutiao and Douyin to operate under local law.

So those shares don't mean much as far as TikTok's operations are concerned.