Loading...
Market
Resolution of US government action on TikTok by January 19, 2025
2
Resolution / Starting Odds
Ban enforced • 25%
Sale approved • 25%
Extension granted • 25%
No action taken • 25%
Official announcements from US government or Supreme Court
Story
China May Sell TikTok US to Elon Musk Before January 19 Ban; TikTok Denies Rumors
Jan 14, 2025, 09:44 AM
Chinese officials are reportedly considering selling TikTok's US operations to Elon Musk's company X (formerly Twitter) in a potential $50 billion deal as a solution to prevent a looming ban on the popular video-sharing app in the United States. Under a US law passed last year, ByteDance, TikTok's parent company, is required to sell the application by January 19, 2025, or face an outright ban due to national security concerns over Chinese ownership. The Supreme Court is expected to make a decision by the deadline. Reports from Bloomberg suggest that Musk is being eyed as a buyer due to his influence and connections. TikTok, which has 170 million US users, has dismissed these rumors as 'pure fiction.' The developments underscore the escalating tensions between the US and China over technology and data security.
View original story
Similar markets
Ban TikTok • 25%
Indefinite postponement • 25%
Allow continued operation • 25%
Enforce divestiture • 25%
Full divestment • 25%
Other resolution • 25%
No divestment • 25%
Partial divestment • 25%
Other resolution • 25%
ByteDance retains ownership • 25%
U.S. ownership • 25%
International ownership • 25%
Supreme Court decision • 25%
Political resolution by Trump • 25%
ByteDance divestment • 25%
No resolution • 25%
Banned in the U.S. • 25%
Sold to non-Chinese company • 25%
Operates under U.S. subsidiary • 25%
Other resolution • 25%
Conditional operation allowed • 25%
No decision made • 25%
Ban lifted • 25%
Ban enforced • 25%
Ban enforced • 25%
Other • 25%
Political resolution reached • 25%
Supreme Court intervention • 25%
Other legal outcome • 25%
Appeal denied, ban enforced • 25%
Settlement reached, operations continue • 25%
Appeal granted, no ban • 25%
Security concerns unresolved • 25%
Ongoing litigation • 25%
Security concerns resolved • 25%
TikTok banned • 25%
Comply with ban • 25%
Sell U.S. operations • 25%
Shut down U.S. operations • 25%
Other • 25%
Ban • 25%
No change • 25%
Negotiated settlement • 25%
Sale • 25%
