On January 18th, 2025, TikTok went dark in the United States due to a federal ban. One day later, service to the USA was restored following a promise from President Trump that he would sign an executive order to give the app a temporary stay.
Trump’s executive order granted TikTok a 75-day extension to find a buyer. The deadline is April 5th, but the app’s owner, ByteDance, has yet to negotiate with potential investors.
Entertainment betting sites have created a series of props that project potential buyers, whether the app will receive another ban, and when TikTok will be available for download again.
Will TikTok Be Banned Again In The US Before May 2025?
- Yes +160
- No -240
Trump has acknowledged the importance of TikTok with his extension on the ban, but he could lose patience with ByteDance if they don’t enter into negotiations with a buyer soon.
The latest odds do not favor another TikTok ban before the end of May, suggesting signs of intent to sell will be apparent by then.
Will Elon Musk Buy A Stake In TikTok Before April 2025?
- Yes +4000
In February, Elon Musk stated that he was not interested in buying TikTok. As the current wealthiest man in the world, he has enough capital to purchase the estimated $50 billion app without the need for investment partners
Perhaps his social media cup is full following his acquisition of Twitter/X? The odds for betting on Elon Musk imply that there is no real chance of him attaining a stake in TikTok.
Will MrBeast Buy TikTok Before April 2025?
- Yes +2200
MrBeast has over 115 million followers on TikTok and is one of the most popular social media influencers today. His net worth estimates range between $550 million and $1 billion, so he would need additional business partners in order to contend for a TikTok purchase.
“TikTok, I’m on a private jet right now about to put in my official offer for this platform… I might become your guys’ new CEO.”
MrBeast (Jimmy Donaldson) In A January 20th Post
Beast has teamed up with Jesse Tinsley, the founder and CEO of Employer.com, on a potential bid.
“Our offer represents a win-win solution that preserves this vital platform, while addressing legitimate national security concerns,”
Jesse Tinsley
While it appears that Donaldson and Tinsley have teed up a legitimate offer, the odds for betting on MrBeast don’t favor an outcome where they end up as the new TikTok owners.
Reid Rasner, a billionaire based in Wyoming, has reached out to the White House and has put together an offer worth $47.5 billion. Part of Rasner’s plan would include payment tiers allowing users to become founding members and gain access to exclusive perks.
“TikTok will always be free, let’s be very, very clear… But if you’re in an enterprise, a large corporation and you want to use TikTok, for $12,000 you’re going to get exclusive benefits that will boost your content to the appropriate audience. You’re going to be able to go viral more often.”
Reid Rasner
There’s been no indication from the White House or ByteDance whether any of these offers have been considered or if there is a frontrunner.
Sources:
- TikTok Odds Provided By BetUS Sportsbook
- Axios
- NBC News
