The "Shark Tank" investor has joined a bid to buy the U.S. assets of the popular social media platform off its Chinese parent company.

Kevin O'Leary, the businessman of Shark Tank fame, revealed that he's willing to pay $20 billion in cash for TikTok on Friday.

"Shark Tank" investor Kevin O'Leary details how he and partner Frank McCourt would improve TikTok if their bid to purchase its U.S. assets from ByteDance is successful.

The days of TikTok in the United States may be numbered. CNN reported on Friday, Jan. 10, 2025, that after more than two hours of oral arguments from TikTok lawyers, users, and representatives of the Biden administration,

Kevin O’Leary said he has joined with the People’s Bid for TikTok, a group looking to buy the platform, in the potential multi-billion dollar deal

TikTok said it will have to “go dark” this weekend unless the outgoing Biden administration assures the company it won’t enforce a shutdown of the popular app after the Supreme Court on Friday unanimously upheld the federal law banning the app unless it’s sold by its China-based parent company.

The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the platform in the US.

A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance.

ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

Investor Kevin O’Leary, widely known as a star from “Shark Tank,” said he offered TikTok’s owners $20 billion in cash to buy the platform during a Friday appearance on Fox News’s “America’s Newsroom.”

Kevin O'Leary and Frank McCourt have teamed up to potentially acquire TikTok's US assets, aiming to prioritize user privacy and address national secur