Loading...
Market
Entity acquiring TikTok US operations by Jan 19, 2025?
3
Resolution / Starting Odds
Kevin O'Leary • 25%
Another US-based company • 25%
No acquisition • 25%
Other • 25%
Official announcement from ByteDance or acquiring entity
Story
Kevin O'Leary Bids $20 Billion for TikTok's US Operations Amid Supreme Court Ban
Jan 17, 2025, 11:40 PM
Kevin O'Leary, known from 'Shark Tank,' has made a $20 billion cash offer to purchase TikTok's US operations from its Chinese parent company, ByteDance. This offer comes in response to a Supreme Court decision upholding a law that requires TikTok to be sold or face a ban in the US by midnight on January 19. O'Leary's bid aims to save the platform from going dark, as he warns that service providers could face fines of over $1 billion a day if they continue to support TikTok post-deadline. The law, passed by Congress, mandates TikTok to divest from ByteDance or be removed from US app stores, driven by national security concerns over the app's Chinese ownership. O'Leary's proposal is part of a broader effort to keep TikTok accessible to its 170 million American users.
View original story
Similar markets
Non-US Company • 25%
No acquisition • 25%
Another US Company • 25%
Kevin O'Leary • 25%
Frank McCourt's consortium • 25%
Other • 25%
No sale • 25%
Another U.S. entity • 25%
Another US-based company • 25%
Banned without sale • 25%
Elon Musk's company X • 25%
Remains under ByteDance ownership • 25%
Another US Company • 25%
Kevin O'Leary • 25%
Other foreign entity • 25%
Another US entity • 25%
No sale occurs • 25%
No Sale • 25%
Foreign Entity • 25%
Other • 25%
Walmart • 25%
Oracle • 25%
Microsoft • 25%
Google • 25%
Elon Musk's X • 25%
Other • 25%
Microsoft • 25%
Private Equity Firm • 25%
Other buyer • 25%
Frank McCourt • 25%
US Tech Company • 25%
Non-US Company • 25%
Private Equity Firm • 25%
No Sale • 25%
US Tech Company • 25%
U.S. private equity firm • 25%
Other entity • 25%
U.S. technology company • 25%
U.S. media company • 25%
Another U.S. company • 25%
No sale • 25%
Other • 25%
Elon Musk • 25%
US-based Tech Company • 25%
Other • 25%
Private Equity Firm • 25%
MrBeast • 25%
Other • 25%
US Tech Company • 25%
US Media Company • 25%
US Private Equity Firm • 25%