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[QUOTE="Munyaradzi Mafaro, post: 72730, member: 636"]
ByteDance achieved a valuation of $480 billion through a recent share transaction between Capital Today and Bank of China Group Investment, representing more than a doubling from its $230 billion assessment over a year earlier. The Chinese venture firm led by Kathy Xu paid approximately $300 million for the stake after competitive bidding among seven parties drove the price significantly higher than initial estimates.

The valuation surge positions ByteDance near OpenAI's $500 billion mark and well above SpaceX's roughly $400 billion assessment, though it remains considerably below Meta's $1.49 trillion market capitalization. Multiple investors had already marked up their ByteDance holdings above $400 billion earlier in the year.

The dramatic increase occurs while ByteDance navigates ongoing discussions about TikTok's American operations. President Donald Trump has extended divestiture deadlines into early 2026 to allow negotiations to proceed, with Treasury Secretary Scott Bessent recently asserting that terms have been finalized for the platform's sale to domestic ownership.
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