"Not good" - Shark Tank's Kevin O'Leary reacts to the Supreme Court's pending decision on TikTok ban

Shark Tank's Kevin O'Leary is one of the people looking forward to the Supreme Court's decision on the TikTok ban in America. The Supreme Court's decision is expected to come out before the 19th of January, which is the date for TikTok ban law coming into effect.

O'Leary believes that if the Supreme Court decided to uphold the ban, it could be beneficial for him and for the economy as well, only if he gets to crack a deal with Bytedance, the app's parent company. However, he elaborated that there is a downside to the ban coming into effect. He mentioned that if "Supreme Lader," Donald Trump decides to shut it off, it would hurt the economy in many ways.

During an interview with Fox News on January 10, 2025, O'Leary opened up about his offer to the parent company, Bytedance, and how it could help boost future investment in the American economy. He remarked:

"And now you may be aware that we have put an offer to. I think we're the only syndicate form that gave a viable offer last night to ByteDance, and they may wanna start considering it because there's 30 to $40,000,000,000 worth of American shareholders value tied up there."

He continues -

"And if the supreme leader wishes to, we can just shut it off as they did in India, and that capital gets erased. And, of course, that's not good, for future capital raising."

"You don't wipe out shareholder money"- Shark Tank investor O'Leary believes Donald Trump can save the future of TikTok

Shark Tank investor Kevin O'Leary is counting on the Supreme Leader, Donald Trump, to save a whooping number of stakeholders from getting wiped out from the American economy. His mission to acquire the U.S. operations of TikTok from the parent company Bytedance, along with Frank McCourt is going full swing.

At this point, he wants Donald Trump to support the acquisition and help make TikTok the greater network. He mentioned during the interview:

"I think the only person that matters in this deal Correct. Is the supreme leader. He's gotta decide. All Chinese companies are controlled by him. If you wanna be a big boy and you wanna play in international markets, you don't wipe out shareholder money. "

He continued -

"It's not just US shareholders. Every sovereign wealth fund around the world, many of them have huge investments in ByteDance. added Shark Tank's O'Leary.

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Shark Tank features Kevin O'Leary as one of the main investors.

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