Market
What will be the outcome of TikTok's US operations sale by January 19, 2025?
2
Resolution / Starting Odds
Sold to Kevin O'Leary • 25%
Sold to another non-Chinese entity • 25%
Not sold and banned • 25%
Other • 25%
Official announcements from ByteDance or involved parties
Story
Kevin O'Leary Bids $20 Billion for TikTok's US Operations as ByteDance Faces Sunday Deadline
Jan 17, 2025, 08:30 PM
Kevin O'Leary, known from 'Shark Tank,' has made a $20 billion cash offer to purchase TikTok's US operations. This bid comes in response to a looming deadline set by a federal law upheld by the Supreme Court, which mandates that TikTok must be sold to a non-Chinese entity or face a ban in the US. The law, signed by President Joe Biden, aims to address national security concerns related to TikTok's Chinese ownership by ByteDance. O'Leary's proposal, formed in partnership with billionaire businessman Frank McCourt, is the only known bid at this time, and he has expressed excitement about the opportunity to acquire the app, which has 170 million US users. He has also mentioned a plan to ensure user data privacy and to potentially share revenue with users. The deadline for ByteDance to divest TikTok is Sunday, January 19th, after which the app could go dark in the US if no sale is agreed upon.
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Other outcome • 25%
Supreme Court upholds ban and TikTok shuts down • 25%
Sold to Elon Musk's X • 25%
Continues under ByteDance • 25%
Banned in the US • 25%
Other • 25%
Other resolution • 25%
No action taken • 25%
Ban enforced • 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%
Divestment completed • 25%
Supreme Court delays or overturns the ban • 25%
TikTok sold to an approved buyer • 25%
Sold to McCourt and O’Leary • 25%
Not sold • 25%
Sale postponed • 25%
Sold to another party • 25%
Acquired by another entity • 25%
Acquired by Elon Musk • 25%
Banned in the U.S. • 25%
Continues operations without change • 25%
Negotiations Extended • 25%
Acquisition Successful • 25%
Deal Canceled • 25%
Acquisition Unsuccessful • 25%
Other • 25%
TikTok sold to US company • 25%
TikTok banned • 25%
Supreme Court blocks ban • 25%
Not sold, banned • 25%
Sold to another buyer • 25%
Sold to MrBeast • 25%
Not sold, not banned • 25%
Remains banned • 25%
Acquired by Elon Musk • 25%
Acquired by another entity • 25%
Operations resumed under ByteDance • 25%
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ByteDance divests and TikTok continues operations • 25%
Extension granted for divestment • 25%
Remains banned • 25%
Resumes operations • 25%
Sold to a US company • 25%
Other • 25%
No sale completed, TikTok banned • 25%
Sold to a U.S. company • 25%
Extension granted • 25%
Sold to a non-U.S., non-Chinese company • 25%
Other outcome • 25%
Supreme Court blocks ban • 25%
ByteDance divests • 25%
TikTok banned • 25%
U.S. government ownership • 25%
Ban lifted with no sale or government ownership • 25%
Ban enforced • 25%
Sold to a U.S. company • 25%