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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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Continues under ByteDance • 25%
Banned in the US • 25%
Operations banned in the U.S. • 25%
Other • 25%
Divestment completed • 25%
Ban enforced • 25%
Sold to Elon Musk • 25%
Sold to Elon Musk's X • 25%
No action taken • 25%
Other resolution • 25%
TikTok sold to an approved buyer • 25%
Supreme Court upholds ban and TikTok shuts down • 25%
Sold to another U.S. entity • 25%
Supreme Court delays or overturns the ban • 25%
Not sold, ban overturned • 25%
Other outcome • 25%
Sale postponed • 25%
Not sold • 25%
Sold to McCourt and O’Leary • 25%
Sold to another party • 25%
Acquired by another entity • 25%
Banned in the U.S. • 25%
Continues operations without change • 25%
Acquired by Elon Musk • 25%
Acquisition Successful • 25%
Negotiations Extended • 25%
Deal Canceled • 25%
Acquisition Unsuccessful • 25%
Supreme Court blocks ban • 25%
Other • 25%
TikTok banned • 25%
TikTok sold to US company • 25%
Not sold, not banned • 25%
Not sold, banned • 25%
Sold to MrBeast • 25%
Sold to another buyer • 25%
ByteDance divests and TikTok continues operations • 25%
Other outcomes • 25%
Extension granted for divestment • 25%
TikTok is banned in the U.S. • 25%
No sale completed, TikTok banned • 25%
Sold to a non-U.S., non-Chinese company • 25%
Sold to a U.S. company • 25%
Extension granted • 25%
ByteDance divests • 25%
TikTok banned • 25%
Other outcome • 25%
Supreme Court blocks ban • 25%
Legislative action • 25%
Negotiated settlement • 25%
Other resolution • 25%
Court ruling enforcement • 25%
Banned in the US • 25%
Continues under ByteDance • 25%
Acquired by another entity • 25%
Acquired by Kevin O'Leary • 25%
Continues without changes • 25%
Sold to a US company • 25%
Shut down • 25%
Other outcome • 25%