Will TikTok find a way to remain legal in the U.S. under a new ownership structure? A range of possible new owners for TikTok in the U.S. — including MrBeast, Elon Musk and Oracle founder Larry Ellison — have emerged as a federal law banning TikTok in the country went into effect this Sunday,
Social media influencer MrBeast says he'd buy TikTok to keep it from being banned. Elon Musk reportedly is interested in buying the app as well.
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.
Jimmy Donaldson, known as MrBeast, has tweeted about his interest in buying TikTok to prevent its potential ban in the US. With the backing of billion
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.
The bidding for TikTok’s future is heating up, with tech heavyweights including Elon Musk, Amazon, Oracle, and a consortium led by billionaire Frank McCourt also joining the race. This high-profile acquisition has garnered global attention, with the sale expected to become one of the largest in tech history.
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.
He previously floated a joint venture, saying that the US should be entitled to half of the app.
The president-elect and Joe Biden are reportedly exploring legal avenues for keeping the app accessible. Meanwhile, a growing list of entrepreneurs are said to be weighing a buyout.
Elon Musk is being eyed by Chinese authorities as a potential buyer of TikTok. Newsweek's live blog is closed.
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.