Entrepreneur: The Supreme Court upheld the TikTok ban on Friday. Here's what we know and what it means for your business.

“ByteDance has previously said that it would not sell. Although reports this week suggested the company was talking to Elon Musk about a possible sale, TikTok said the news is "pure fiction."

Still, a former Biden Commerce Department official told Politico that the ban likely won't be enforced.

"Somebody is going to find a way to strike a deal, and they will be regarded as the hero of a TikTok generation," said Caitlin Legacki. "Democrats see the writing on the wall here, but I do think it speaks to a failure of both parties to actually explain to voters why this was necessary, and as a result, we're going to probably roll back what was the correct policy."

President-elect Donald Trump responded to the decision on Truth Social, writing that he will review the situation and respond in the "not too distant future."“

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