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81-87% Chance of U.S. TikTok Ban by May 2024

1/18/2025

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Story summary
  • Prediction markets indicate an 81-87% likelihood of a TikTok ban in the U.S. by May 2024.
  • The Supreme Court has upheld a law mandating ByteDance to divest U.S. operations or face a ban.
  • President Biden will not enforce the ban on his last day; Trump may extend it by 90 days.
  • TikTok's U.S. operations could be valued at $40-50 billion, though the company denies any sale plans.