Investor Kevin O’Leary has announced plans to purchase TikTok, with the popular social media platform facing a potential U.S. ban. O’Leary, known for his role on Shark Tank, has teamed up with billionaire Frank McCourt to lead a bid to save TikTok from being shut down in the U.

Shark Tank’s Kevin O’Leary — a.k.a. “Mr. Wonderful”—said he’s nearing a deal to buy TikTok from its Chinese-owned parent company ByteDance to avoid the U.S. ban on the social media app.

Kevin O’Leary, star of Shark Tank, has announced his partnership with former Dodgers owner Frank McCourt to bid for TikTok’s U.S. operations, potentially preventing the app from facing a government-mandated ban.

O’Leary’s interest in unifying the US and Canada comes after Trump, 78, has repeatedly suggested in recent weeks that Canada should become “our 51st State.”

ABC’s Shark Tank star Kevin O’Leary shared on Monday that he has met with President-elect Donald Trump about closing a deal to buy the social media app TikTok. In an interview on Fox News‘s The Story with Martha MacCallum,

Kevin O'Leary has a substantial net worth, but the idea that he could buy TikTok is unlikely unless he teams up with some other investors.

Shark Tank’s Kevin O’Leary has hatched a plan to buy TikTok. Appearing on Fox News, the investor stated that he hopes to purchase the social media platform before it’s banned in the U.S. on Jan. 19. O’Leary stated on The Story With Martha MacCallum that he will need President-elect Donald Trump‘s help to make the deal happen.