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What will be the outcome of the TikTok divestiture process by June 30, 2025?
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Senate•Democratic•Richard Blumenthal•Donald Trump•TikTok•Chinese•ByteDance•United States•Senate Judiciary subcommittee•Trump•Congress•Joe Biden
Resolution / Starting Odds
Divested to US company • 25%
Divested to non-US company • 25%
Remains with ByteDance • 25%
Other outcome • 25%
Announcements from TikTok, ByteDance, or relevant US government agencies
Story
Senator Blumenthal: Trump Must Enforce TikTok Divestiture Law for 170 Million Users by Early Next Year
Nov 19, 2024, 08:22 PM
During a recent Senate hearing, Democratic Senator Richard Blumenthal emphasized that President-elect Donald Trump must adhere to a law mandating the divestiture of TikTok from its Chinese parent company, ByteDance. This law requires the short video app, which has approximately 170 million users in the United States, to be sold by early next year. The chair of the Senate Judiciary subcommittee reiterated that Trump cannot disregard this legal requirement. The context of this discussion highlights ongoing legislative efforts, supported by Congress and President Joe Biden, to prohibit TikTok from operating under Chinese ownership, a plan that could be complicated by Trump's reelection.
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Divested to a US-based company • 25%
Divested to a non-US-based company • 25%
Remains under ByteDance ownership • 25%
Other • 25%
Sold to a U.S. company • 25%
Sold to a non-U.S., non-Chinese company • 25%
No sale completed, TikTok banned • 25%
Extension granted • 25%
TikTok banned • 25%
ByteDance divests • 25%
Supreme Court blocks ban • 25%
Other outcome • 25%
ByteDance sells to a US company • 25%
ByteDance sells to a non-US company • 25%
ByteDance does not sell • 25%
Other outcome • 25%
Divestment completed • 25%
Extension granted • 25%
No action taken • 25%
TikTok banned • 25%
Sold to a U.S. company • 25%
Sold to a non-U.S. company • 25%
Remains under current ownership • 25%
Operations cease in U.S. • 25%
Divestiture completed • 25%
Divestiture announced but not completed • 25%
No divestiture • 25%
Legal challenge delaying divestiture • 25%
Supreme Court blocks order • 25%
Supreme Court upholds order • 25%
Settlement reached • 25%
Other legal outcome • 25%
Divestment completed • 25%
Divestment ongoing • 25%
Divestment blocked • 25%
Other resolution • 25%
Divestment completed • 25%
Divestment in progress • 25%
Divestment blocked • 25%
Other outcome • 25%
Complete divestment • 25%
Partial divestment • 25%
No divestment • 25%
Extension granted • 25%
TikTok wins the challenge • 25%
TikTok loses the challenge • 25%
Case is dismissed • 25%
Settlement reached • 25%