Will TikTok find a U.S. buyer to remain legal? After Trump vowed to make a deal to save the app, MrBeast has emerged as part of a joint bid.
It’s not clear if TikTok’s owner ByteDance has seriously considered the offer, Bloomberg reported. Others floated as potential buyers include Elon Musk, Amazon, Oracle, and a syndicate headed by billionaire Frank McCourt.
The platform is in need of saving in the United States, where approximately 170 million people have TikTok accounts. On Friday, the U.S. Supreme Court upheld a federal law that will ban the platform on Jan. 19 unless TikTok’s China-based owner ByteDance divests its U.S. operations.
Frank McCourt’s Project Liberty and other investors have submitted a bid to buy TikTok from China-based ByteDance after a court-ordered divestiture or shutdown.
Jimmy Donaldson, better known as MrBeast, has teamed up with Employer.com CEO Jesse Tinsley and other investors in an all-cash offer for the social platform.
TikTok’s fate in the United States hangs in the balance, with the video-sharing app facing a federal ban unless its Chinese parent company, ByteDance, divests its stake. As app users wait to see what happens,
The YouTube star has become known for producing a range of content—including big-budget, elaborate stunts and charitable acts.
MrBeast joins a long list of interested TikTok buyers including billionaire Elon Musk and Oracle founder Larry Ellison. Billionaire Frank McCourt, who runs the internet advocacy group Project Liberty has also publicly expressed his interest in the opportunity,
Potential TikTok buyers are lining up as President Trump and the Chinese government show heightened interest in striking a deal to sell the popular video-sharing platform in the face of a U.S.
MrBeast, the popular YouTube star and the internet’s highest-earning content creator, is holding discussions with several groups that are interested in buying TikTok before a possible ban, according to a spokesperson.
TikTok was no longer available in the USA. As no buyer could be found, the ban, which both Republicans and Democrats under former US President Joe Biden had campaigned for, came into effect last Sunday.