Claim False

ByteDance will reach a $1 trillion market valuation in 2023

Scott Galloway: ByteDance will reach a $1 trillion market valuation in 2023 Published Dec 30, 2022. Status: False. Sources from 2023 report ByteDance’s valuati...

Actor: Scott Galloway
Topic: Technology
Status: False
Published: Dec 30, 2022
Deadline: Dec 31, 2023

ByteDance will reach a $1 trillion market valuation in 2023

FactTracker assessment

Sources from 2023 report ByteDance’s valuation at $268 billion (LinkedIn post) and later at over $600 billion...

Verification rule: Observed value ≥ 1,000,000,000,000 USD; window 2022-12-30 to 2023-12-31

Verification criteria: ByteDance achieves an official private valuation or public market capitalization of at least $1 trillion USD by December 31, 2023.

Original source: profgalloway.com