SimpleFunctions
Winner-take-all · 6 outcomes6 contractsPolymarketrefreshed 4 min agoCloses Dec 31, 2026 · 236d

Who will acquire TikTok

Leader sits at 6% across 6 bound outcomes, runner-up at 5%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

6%

Microsoft

runner-up 5¢leader 6¢

Outcomes

6

winner-take-all

Runner-up

Amazon

Spread

1pp

contested

24h volume

$286

thin orderbook

Closes

Dec 31, 2026

236 days

Venue

Polymarket

6 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayMicrosoft: 5% (27 days, 26 points)Microsoft: 5% on 2026-05-07Amazon: 6% (27 days, 26 points)Amazon: 6% on 2026-05-07Walmart: 5% (27 days, 23 points)Walmart: 5% on 2026-05-07
Microsoft5¢Amazon6¢Walmart5¢
Top 3 candidates by current price · 27d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This 24% probability represents the market's assessment that TikTok will be acquired by some entity, based on aggregated trading across five separate contracts. The current price reflects ongoing regulatory pressure in the United States, particularly uncertainty around forced divestiture requirements and potential legislative action. The probability remains relatively modest because acquisition faces structural obstacles: TikTok's valuation at $100+ billion presents financing challenges, Chinese government approval uncertainty complicates any deal structure, and alternative outcomes like settlement with regulators or operational restrictions carry meaningful probability weight. The market appears to be pricing in moderate likelihood of an acquisition scenario rather than treating it as the base case outcome. Key catalyst points include Congressional actions on TikTok-related legislation, Supreme Court rulings on constitutional challenges, and any announcements from ByteDance regarding negotiations or compliance strategies.

  • Regulatory timeline: Whether forced divestiture occurs by 2025/2026 deadline or faces legal delays that reduce acquisition urgency
  • Buyer identification: No announced bidder with clear financial capacity and regulatory clearance to complete an acquisition at current valuation estimates
  • Chinese government approval: ByteDance's willingness to divest and Beijing's authorization of any sale significantly constrains deal probability
  • Alternative outcomes: Settlement agreements, modified content algorithms, or operational restrictions may resolve regulatory pressure without triggering acquisition
  • Financing constraints: Required buyer would need $100+ billion+ acquisition budget plus regulatory approval, limiting candidate pool substantially

What moved the line

  • May 3Walmart25pp227¢ · Polymarket
  • May 2Meta24pp273¢ · Polymarket
  • May 6Walmart21pp276¢ · Polymarket
  • May 6AppLovin20pp255¢ · Polymarket
  • May 6Microsoft3pp107¢ · Polymarket

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

More like this

Adjacent prediction questions.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: 4 min ago.