TikTok’s U.S operations could finally have a new owner, according to President Donald Trump.

Speaking to Fox News’ Maria Bartiromo Sunday, Trump stated that a “group of very wealthy people” is prepared to acquire the social media platform, adding that he will provide further details in the following “two weeks.”

Despite the president’s assurances of a buyer being found, the final approval of the sale of TikTok will come from its China-based parent company, ByteDance, and Chinese President Xi Jinping.

“I think President Xi will probably do it,” Trump told Bartiromo.

Negotiations to find a deal—which must include a separation agreement, as well as a U.S. suitor—have proven difficult, resulting in the continuing extension of the deadline, with the latest one taking place in June.

Congress’ reasoning for banning TikTok in 2024 was that it was seen as a national security threat due to ByteDance being controlled by the Chinese government, which has the capability of accessing the personal information of American users.

TikTok and ByteDance sued the U.S. government, challenging the ban or sale, with the case ultimately reaching the Supreme Court, where the ban, as drafted in the bill, was upheld.

The application was set to be banned in the U.S. Jan. 19, and it went dark for about 14 hours starting the night of Jan. 18 before coming back online the following day, following a promise from then-President-elect Trump.

Once he returned to office, Trump issued an executive order extending the first ban deadline by 75 days. A second extension was initiated on April 5, running through June 19, with the latest one set to expire Sept. 17.