WTF?! With the whole lot that is occurred to TikTok over the previous few days, it is no shock that the app and proprietor ByteDance have hardly ever been out of the information cycle. There have even been stories that YouTube’s most-subscribed star, Jimmy Donaldson, aka MrBeast, is within the race to purchase TikTok’s US operations, although his spokesperson stated discussions are ongoing.
Donaldson posted a jokey message on X on January 13 that learn, “Okay high-quality, I will purchase Tik Tok so it does not get banned.” A day later, he wrote that “Unironically I’ve had so many billionaires attain out to me since I tweeted this, let’s examine if we will pull this off.”
Donaldson taking up TikTok may be extra believable than it sounds. There have been stories earlier this month that Chinese language authorities had been contemplating promoting TikTok to X proprietor Elon Musk. Donald Trump has stated he’s open to Musk or fellow tech billionaire Larry Ellison shopping for the app within the US.
On Tuesday, regulation agency Paul Hastings introduced that it’s advising a syndicate of buyers led by Recruiter.com founder/CEO Jesse Tinsley in an all-cash provide to amass TikTok’s US operations and numerous property from ByteDance. It provides that the investor group contains institutional buyers and high-net-worth people, together with MrBeast.
The assertion doesn’t embody the dimensions of the bid, although Trump stated the app was valued at $1 trillion with a “allow” to function within the US beneath 50% US possession. Donaldson’s web value is estimated to be round $1 billion.
On Tuesday night, Donaldson replied to a tweet about his bid to purchase TikTok alongside buyers. He wrote that “The main teams who’re all credible bidding on Tik Tok have reached out for us to assist them, I am excited to accomplice/make this a actuality. Huge issues cooking”
The main teams who’re all credible bidding on Tik Tok have reached out for us to assist them, I am excited to accomplice/make this a actuality. Huge issues cooking 🥰
– MrBeast (@MrBeast) January 22, 2025
Whereas all indicators level to Donaldson making an attempt to change into a part-owner of US TikTok, MrBeast spokesperson Matthew Hiltzik stated the YouTube star hasn’t but formally joined any bids. “A number of patrons are holding ongoing discussions with Jimmy,” Hiltzik informed The Related Press on Wednesday. “He has no unique agreements with any of them.”
After blocking entry for US customers on Saturday, hours earlier than it was resulting from be banned, TikTok’s providers started returning on Sunday, for which the corporate thanked Trump. On his first day in workplace on Monday, the president issued an government order telling the DoJ to not implement the Defending Individuals from Overseas Adversary Managed Purposes Act or to punish those that violate it for 75 days.
TikTok continues to be not obtainable to obtain from the Apple App and Google Play Shops after being eliminated over the weekend.
