But Trump subsequently rejected the position he had once championed and is now poised to take action “to keep TikTok from going dark.” After a March 2024 meeting with hedge fund manager Jeff Yass, a GOP megadonor who reportedly held a major financial stake in ByteDance, Trump abruptly reversed his support for TikTok’s divestment, saying that “young people will go crazy without it.” The platform also reportedly altered its algorithm to benefit Trump’s presidential campaign, which used TikTok to great effect; indeed, in a January 15 interview, incoming national security adviser Michael Waltz said Trump would sign an executive order to “create the space” for a “deal” in part because TikTok “was great for [Trump's] campaign and getting his message out."

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