MrBeast himself hasn’t publicly commented on which side he’ll choose yet. “The leading groups who are all credible [sic] bidding on Tik Tok have reached out for us to help them, I’m excited to partner/make this a reality,” he posted on Wednesday.
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.
Jimmy Donaldson — better known online as MrBeast — isn’t in the TikTok bidding race just yet, according to a representative for the YouTube star
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.
After the bipartisan TikTok law was signed by former President Joe Biden in April, ByteDance said it did not have plans to sell the platform and fought the statute in court for months. China also rebuked Washington over the divestment push, though more recently it appears to be softening its stance.
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.
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,
He said private equity firms and family offices have reached out to provide financing options. Read more at straitstimes.com.
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.
Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a merger instead of a sale,
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.