ByteDance's valuation, recently marked around $330–370 billion via secondary tenders and later-stage rounds through mid-2026, faces near-term pressure from the finalized TikTok U.S. divestiture. The Trump-backed transaction values the American operations at $14 billion—with ByteDance retaining a 19.9% stake—below some analyst expectations of $30 billion or higher, potentially weighing on parent-company implied pricing. Offsetting this, the firm secured a $29.6 billion syndicated loan in September to fund data centers and AI infrastructure, while continuation vehicles attracted sovereign interest from ADIA and others. With resolution due by October 31, any fresh secondary trades or regulatory updates on the TikTok structure could shift market-implied odds in the final weeks.