Market
What will be the primary reason for TikTok's US operations sale outcome by January 19, 2025?
2
Resolution / Starting Odds
National Security Concerns • 25%
Financial Offer • 25%
Regulatory Pressure • 25%
Other • 25%
Analysis from credible news sources or official statements
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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Data privacy issues • 25%
National security concerns • 25%
Business strategic decision • 25%
Political pressure • 25%
Other reasons • 25%
Legal settlements • 25%
Financial offer acceptance • 25%
National security concerns • 25%
Supreme Court delays or overturns the ban • 25%
Other outcome • 25%
Sold to Elon Musk's X • 25%
Not sold, ban overturned • 25%
Operations banned in the U.S. • 25%
Sold to another U.S. entity • 25%
Sold to Elon Musk • 25%
Other • 25%
Divestment completed • 25%
Banned in the US • 25%
Ban enforced • 25%
No action taken • 25%
Other resolution • 25%
Continues under ByteDance • 25%
Supreme Court upholds ban and TikTok shuts down • 25%
TikTok sold to an approved buyer • 25%
Banned in the U.S. • 25%
Continues operations without change • 25%
Acquired by Elon Musk • 25%
Acquired by another entity • 25%
TikTok banned • 25%
Other • 25%
TikTok sold to US company • 25%
Supreme Court blocks ban • 25%
Sold to McCourt and O’Leary • 25%
Not sold • 25%
Sale postponed • 25%
Sold to another party • 25%
TikTok is banned in the U.S. • 25%
Other outcomes • 25%
Extension granted for divestment • 25%
ByteDance divests and TikTok continues operations • 25%
Legal action by TikTok • 25%
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Other reason • 25%
Biden administration intervention • 25%
Resumes operations • 25%
Remains banned • 25%
Sold to a US company • 25%
Other • 25%
Remains banned • 25%
Acquired by another entity • 25%
Acquired by Elon Musk • 25%
Operations resumed under ByteDance • 25%
Ban lifted with no sale or government ownership • 25%
U.S. government ownership • 25%
Ban enforced • 25%
Sold to a U.S. company • 25%
Acquired by Kevin O'Leary • 25%
Acquired by another entity • 25%
Banned in the US • 25%
Continues under ByteDance • 25%