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Kevin O’Leary is talking about buying TikTok again<\/a>, but this time with more specifics.<\/p>\n The social media app is less than two weeks away from facing a potential ban, though the Supreme Court is set to rule on a pause on Jan. 10 after TikTok<\/a> and its parent company, China-based ByteDance, asked the Court<\/a> to hold the Jan. 19 deadline.<\/p>\n In April, U.S. lawmakers passed a bill that forces ByteDance to sell TikTok, though the company has repeatedly said it is not for sale<\/a> and would prefer to shut it down.<\/p>\n Related: <\/b>Meta Outage, Looming TikTok Ban Has Creators Questioning How Much of Their Business They Really Control<\/a><\/p>\n Still, that hasn’t deterred O’Leary, a.k.a “Mr. Wonderful.”<\/p>\n This week, O’Leary announced that he is joining billionaire and former L.A. Dodgers owner Frank McCourt<\/a> in a plan to purchase the social network<\/a>. McCourt launched Project Liberty in 2021 to help build and advocate for a safer and more equitable internet, according to its website.<\/p>\n In May, McCourt revealed<\/a> that Project Liberty was “building a consortium to purchase TikTok and rearchitect the platform to put people in control of their digital identities and data,” which is known as “the People’s Bid for TikTok.”<\/p>\n “We’ve built a clean, American-made tech stack and continue to be the only viable bidder that can offer a seamless transition for everyone on TikTok without the existing algorithm, said Frank McCourt, founder of Project Liberty, in a press release<\/a>. “With the addition of Kevin and his countless followers to our bid, The People’s Bid enters a new phase.”<\/p>\n Project Liberty’s investor group has committed to more than $20 billion of capital, according to a spokesperson<\/a>.<\/p>\n O’Leary has been vocal<\/a> about wanting to buy TikTok since March 2024, after the news broke of a potential ban. He told Fox & Friends<\/a> that month, “If this order goes through, it’s got to be sold. I’m going to put up my hand and say I’ll buy it.”<\/p>\n “It’s the largest entertainment and business network in America as it stands today, so it’s of great interest and great value,” O’Leary said last March.<\/p>\n McCourt also noted that he looks forward to “working with President-elect Trump to save TikTok.”<\/p>\n “Kevin and I, along with the thousands of supporters who have come forward to back The People’s Bid, firmly believe we can build a better TikTok \u2013 one that protects our national security and becomes a safe, secure platform that millions of people on the app will trust,” McCourt said.<\/p>\n Related:<\/b> Remote Work Enthusiast Kevin O’Leary Does TV Appearance Wearing Suit Jacket, Tie and Pajama Bottoms<\/a><\/p>\n O’Leary talked about his bid for the app in a news appearance this week<\/a> in his signature pink pajama pants and flip-flops.<\/p>\n<\/div>\n