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Market
Will the U.S. government support the TikTok acquisition by February 28, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Statements from the U.S. government or President Donald Trump
Story
Kevin O'Leary and Frank McCourt Bid to Buy TikTok from ByteDance, Seek Trump's Support to Prevent U.S. Ban
Jan 6, 2025, 08:58 PM
Shark Tank investor Kevin O'Leary has announced that he is joining with billionaire Frank McCourt in a bid to acquire TikTok from its Chinese parent company ByteDance to prevent the app from being banned in the United States. The multibillion-dollar deal aims to be finalized by January 19th. O'Leary plans to rewrite TikTok's algorithm to address security concerns. He met with President Donald Trump at Mar-a-Lago over the weekend to inform him of the plan and to request assistance from the administration, stating that they will need the government's help to close the deal.
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Similar markets
No • 50%
Yes • 50%
Yes • 50%
No • 50%
Enforce divestiture • 25%
Allow continued operation • 25%
Indefinite postponement • 25%
Ban TikTok • 25%
ByteDance divestment • 25%
No resolution • 25%
Supreme Court decision • 25%
Political resolution by Trump • 25%
Negotiated deal with Trump administration • 25%
No deal, ban enforced • 25%
Other political resolution • 25%
Legislative amendment to existing law • 25%
Negotiated settlement • 25%
Sale • 25%
Ban • 25%
No change • 25%