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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

Total Volume: $169.6K
24h Volume: $589
Total Liquidity: $8.5K
Markets: 1
Event Ends: 4/30/2025

Event Analysis

Summary

The question of whether TikTok will be banned in the US before May 2025 has become increasingly complex following recent legislative developments. In March 2024, the House passed a bill requiring ByteDance to sell TikTok or face a ban, marking the most serious legislative threat to the platform to date. The bill received strong bipartisan support with a 360-58 vote. The situation involves multiple competing factors: national security concerns about Chinese ownership and data collection, significant political and economic interests, and potential legal challenges to any ban. While legislative momentum has increased, there remain substantial hurdles including Senate passage, potential legal challenges, and the complexity of executing a forced sale within the required timeframe.

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

  1. House passage of forced sale legislation (March 2024)
  2. TikTok's immediate legal challenge announcement
  3. Scheduled oral arguments for September 2024
  4. Active negotiations with Oracle for security measures

Critical Factors to Watch

  1. Senate vote timing and outcome
  2. Legal challenges and court decisions
  3. ByteDance's response to sale requirement
  4. Chinese government stance on forced sale
  5. 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

  1. Monitor Senate developments closely
  2. Watch for signals from Chinese government
  3. Track court scheduling and decisions
  4. Consider partial positions with stops
  5. Be prepared for volatility around key votes/decisions

Prediction

Based on the analysis, I assess a 30% probability of TikTok being banned before May 2025. While legislative momentum has increased, the combination of legal challenges, implementation complexity, and tight timeline make a completed ban unlikely before the resolution date. Current market prices (72% No) appear roughly accurate but slightly underestimate ban probability given recent legislative progress.

Will TikTok be banned in the US before May 2025?

Yes:30.0%
No:70.0%
Confidence: 7/10
Reasoning Score: 8/10

Market Options

TikTok banned in the US before May 2025?

Yes
25.5%
No
74.5%
Liquidity: $8.5K
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