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 YouTube star mentioned he'd buy the platform so it wouldn't get banned, but despite speculation, TikTok is not yet for sale and Jimmy Donaldson is not officially pursuing its U.S. operations.
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.
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.
YouTube and TikTok start MrBeast is looking to buy TikTok as part of a group of investors, as a 75-day time limit ticks down for the social media company to find a non-Chinese owner or risk being permanently banned.
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.