ByteDance values itself at $300B amid US regulatory challenges, with TikTok's future uncertain due to divestment deadline, while Trump's softened stance boosts investor confidence.

According to industry insiders, social media platform TikTok's parent company ByteDance's value has reached $300 billion.

The current offer price is an increase of 12.9% from the per share price of $160 in their last buy back program. The news about the valuation was earlier reported by the Wall Street Journal.

TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a document viewed by Reuters.