MrBeast, one of most successful Internet creators, may join a bid by real estate mogul and Project Liberty founder Frank McCourt to buy TikTok's U.S. arm, McCourt told Axios' Sara Fischer in Davos Wednesday.
He previously floated a joint venture, saying that the US should be entitled to half of the app.
Larry Ellison, co-founder of Oracle Corporation, has an estimated net worth of approximately $200 billion, currently placing him among the third richest person in the world, according to Forbes.
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,
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.
The President said he would be open to the US billionaires purchasing social video app TikTok as part of a joint venture with the US government.
China’s foreign and commerce ministries didn’t immediately respond to requests for comment on whether Beijing would allow the American government to own part of TikTok.
Billionaire Frank McCourt, Shark Tank investor Kevin O'Leary, tech entrepreneur Jesse Tinsley and MrBeast have all expressed interest in TikTok
ByteDance Ltd. has publicly refused to sell TikTok, though prospective buyers hope the Supreme Court's ruling and the brief TikTok shutdown could push it to reconsider
While TikTok temporarily went offline over the weekend, Trump signed an executive order on Jan. 20 – his first day in office – to extend the deadline for a sale by 75 days. While it’s not clear that Trump has the authority to extend the deadline,
He proposed this deal during a press conference announcing a $500 billion investment in artificial intelligence infrastructure, though its legal feasibility remains unclear.
President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp. Chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government.