Is MrBeast Buying TikTok?

MrBeast has begun talks with billionaire investors about a potential TikTok acquisition, as the platform approaches a US government deadline to sell or shut down.

The YouTuber, whose real name is Jimmy Donaldson, sparked speculation Monday by tweeting: “Okay, fine, I’ll buy Tik Tok so it doesn’t get banned.”

“Just got out a meeting with a bunch of billionaires. TikTok, we mean business,” Donaldson announced Wednesday in a TikTok video. “This is my lawyer right here, we have an offer ready for you. We wanna buy the platform, America deserves TikTok! Give me a seat at the table, let me save this platform, TikTok!”

Related: MrBeast Claims He Rejected An Offer To Join A Titan Expedition

Donaldson’s estimated $500 million net worth falls well short of TikTok’s projected $300 billion valuation, requiring substantial backing from potential investment partners. By Tuesday, he reported multiple billionaires had reached out to discuss the possibility.

ByteDance, TikTok’s Chinese parent company, must sell the platform by Sunday under legislation signed last year by President Joe Biden. The law, which originated during the Trump administration over security concerns about ByteDance’s Beijing headquarters, threatens to ban the app if no sale occurs.

Incoming President Donald Trump has requested the Supreme Court delay the ban’s implementation.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

First Phosphate Gains Danish State Support With LOI For EUR 170 Million Credit Guarantee

Denarius Metals Offers To Acquire Emerita At Just $0.30 A Share

Related News

Sherwin-Williams Throws Shade As TikTok Taints Its Good Name

The tubes were aghast last Wednesday with news that popular TikTok mix master Tony Piloseno...

Saturday, November 28, 2020, 08:30:00 AM

US House Panel Approves Bill That Could Force TikTok Sale

A US congressional panel has greenlit a bill mandating TikTok’s China-based parent company, ByteDance, to...

Friday, March 8, 2024, 09:03:00 AM

House of Representatives Bans TikTok On All Official Devices

TikTok, the popular Chinese-owned video-streaming app, has now been banned on United States House of...

Wednesday, December 28, 2022, 03:03:00 PM

MrBeast Takes Elon Musk Up On His Offer, Posts First X Video ‘To Test’ Ad Revenue

YouTube megastar MrBeast, also known as Jimmy Donaldson, uploaded a video directly on Elon Musk’s...

Tuesday, January 16, 2024, 11:07:00 AM

No More TikTok For America: US Senator Looks To Legislate Ban On China’s ByteDance App

The United States might soon be saying goodbye to TikTok, the popular Chinese-owned video-streaming app...

Wednesday, January 25, 2023, 05:32:00 PM