
TikTok banned in the US before May 2025?
This market will resolve to "Yes" if the TikTok app is banned for download and/or use by the majority of Americans in the United States by April 30, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". For this market to resolve to "Yes", a ban mandated by US federal law, policy, or the court system must have gone into effect (as defined above) within the above-stated timeframe. If TikTok is sold to another entity in such a way that it comes into compliance with U.S. laws and regulations this market will resolve to "No". The primary resolution source for this market will be information from the US federal government, however a consensus of credible reporting will also be used.
Event Details
Event Analysis
Summary
Analysis
Current Situation
Legislative Status
- House passed bill in March 2024 requiring ByteDance to sell TikTok within ~6 months
- Strong bipartisan support with 360-58 vote
- Senate consideration pending
- President Biden has indicated willingness to sign if passed
Key Considerations
Arguments Supporting Ban Likelihood:
- Strong bipartisan support in House
- Clear national security concerns from intelligence community
- White House backing for legislation
- Growing tensions with China
Arguments Against Ban Likelihood:
- Legal challenges likely to delay implementation
- Complex sale process requiring Chinese approval
- Strong user base creating political pressure
- Previous ban attempts have failed
- Time constraints before May 2025 deadline
Recent Developments
- House passage of forced sale legislation (March 2024)
- TikTok's immediate legal challenge announcement
- Scheduled oral arguments for September 2024
- Active negotiations with Oracle for security measures
Critical Factors to Watch
- Senate vote timing and outcome
- Legal challenges and court decisions
- ByteDance's response to sale requirement
- Chinese government stance on forced sale
- Alternative compliance proposals
Market Implications
Timing Considerations
- Market resolves before May 2025
- Implementation timeline if bill passes likely extends into late 2024
- Legal challenges could delay enforcement beyond deadline
Trading Strategy
- Monitor Senate developments closely
- Watch for signals from Chinese government
- Track court scheduling and decisions
- Consider partial positions with stops
- Be prepared for volatility around key votes/decisions
Prediction
Will TikTok be banned in the US before May 2025?
Sources
- https://www.macrumors.com/2024/03/13/house-passes-tiktok-sale-bill/
- https://www.reuters.com/world/us/will-tiktok-be-banned-us-what-is-next-bill-2024-03-14/
- https://www.reuters.com/technology/lawmakers-seek-force-bytedance-divest-tiktok-or-face-us-ban-2024-03-05/
- https://newsroom.tiktok.com/en-us/an-update-for-our-tiktok-family