Shark Tank investor Kevin O'Leary is bidding $20 billion in cash to save TikTok from getting banned in America.

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.

"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.

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

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,

Is TikTok banned? The Supreme Court has upheld the ban meaning the app may go down starting Sunday for millions of Americans.

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

“Mr. Wonderful” Kevin O’Leary is partnering up with another investor in a bid to save TikTok and hopes China and the Supreme Court will allow them to make it “wonderful again.”

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.

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.

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