> Microsoft's ownership is a kiss of death.
Strategically the only thing that matters is that TikTok is removed from foreign ownership and that that weak spot in US Internet dominance is removed, so the US can resume global hegemony over platforms (outside of China).
Microsoft generates enough cash every year to safely buy a TikTok annually.
The US Government is probably throwing Microsoft a wink on this one. Despite generating $53 billion pear year in operating income and still having a desktop monopoly, Microsoft was excluded from the recent government grilling.
Maybe Microsoft will get a nice Azure contract in return.
In a year or a few, Microsoft IPOs TikTok or works with private equity to shift its ownership and then Microsoft washes their hands of it, taking a small bath in the process (if they can pull an IPO fast enough, given this market, maybe even making some money on the deal). Sometimes you gotta do a favor for Uncle Sam.