What will be the outcome of Project Liberty's bid for TikTok by end of 2024?
Successful Acquisition • 25%
Unsuccessful Acquisition • 25%
Acquisition Postponed • 25%
Other Outcome • 25%
Official announcements from Project Liberty or TikTok, and credible news sources
Frank McCourt's 'People's Bid' Secures $20B for TikTok Acquisition
Dec 6, 2024, 02:50 PM
Billionaire Frank McCourt, known for his previous ownership of the Los Angeles Dodgers, is spearheading a 'people's bid' to acquire TikTok through his Project Liberty initiative. The initiative has reportedly secured $20 billion in informal commitments from investors across the business, technology, and finance sectors. McCourt has described the bid as an opportunity to address challenges associated with TikTok and turn them into solutions. The Project Liberty group plans to begin an investor roadshow in New York City and San Francisco next week to raise additional funds. The bid comes as a court decision on TikTok's future is anticipated.
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Negotiations Extended • 25%
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Deal Canceled • 25%
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Sold to US-based company • 25%
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Sold to US Company • 25%
Remains with ByteDance • 25%
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ByteDance sells TikTok U.S. operations • 25%
TikTok resumes operations under new ownership • 25%
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TikTok remains shut down in the U.S. • 25%
Sold to a U.S. company • 25%
Ban enforced • 25%
U.S. government ownership • 25%
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Divestment completed • 25%
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No action taken • 25%
Sold to Elon Musk's X • 25%
Continues under ByteDance • 25%
Banned in the US • 25%
Other • 25%
Sold to Elon Musk • 25%
Sold to another U.S. entity • 25%
Not sold, ban overturned • 25%
Operations banned in the U.S. • 25%
Supreme Court upholds ban and TikTok shuts down • 25%
TikTok sold to an approved buyer • 25%
Supreme Court delays or overturns the ban • 25%
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Acquired by Elon Musk • 25%
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Operations resumed under ByteDance • 25%
Acquired by another entity • 25%
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Acquired by Elon Musk • 25%
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Banned in the U.S. • 25%
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Extension granted for divestment • 25%
TikTok is banned in the U.S. • 25%
ByteDance divests and TikTok continues operations • 25%
Another U.S. company purchases TikTok • 25%
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TikTok remains under current ownership • 25%
Elon Musk purchases TikTok • 25%
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No • 50%
Venture Capital Firms • 25%
Corporate Investors • 25%
Individual Investors • 25%
Private Equity • 25%