Several prominent figures, including YouTube star MrBeast, tech mogul Elon Musk, and Oracle Chairman Larry Ellison, are interested in purchasing TikTok’s U.S. operations. With TikTok’s U.S. business valued at up to $50 billion, a potential sale has sparked significant attention.
MrBeast, whose real name is Jimmy Donaldson, recently shared a playful video where he said, “I’m on a private jet about to put in my official offer for TikTok. I might become your new CEO.” His remark reflects the growing interest in TikTok’s future, as ByteDance, TikTok’s parent company, faces a deadline to sell the app to a non-Chinese entity.
Key Players in the Race to Buy TikTok
In addition to MrBeast, other figures such as Elon Musk and Larry Ellison have been mentioned as potential buyers. President Trump has suggested that both Musk and Ellison could play key roles in TikTok’s future. Ellison’s Oracle currently helps manage TikTok’s user data, making him a natural contender.
Musk, who owns Tesla, SpaceX, and X (formerly Twitter), has expressed concerns over the possible ban of TikTok. His relationship with Trump and his experience in the tech world could make him a powerful figure in the bidding process.
Ellison has publicly supported the idea of buying TikTok. As a longtime supporter of Trump and a major figure in tech, his involvement could help shape the deal.
Concerns Over TikTok’s Algorithm
A major concern surrounding the sale is what will happen to TikTok’s algorithm. This algorithm, which tailors content specifically to each user, is a crucial element of TikTok’s success. Experts wonder if a new owner could maintain the platform’s appeal while preserving the algorithm’s integrity.
Some believe ByteDance might explore a joint venture (JV) or partnership rather than a full sale. Trump has suggested a 50-50 JV between a U.S. company or the government and ByteDance. However, ByteDance may want to retain some control over the algorithm to keep TikTok’s unique appeal.
Is a TikTok Sale Likely?
China has recently softened its stance on the sale, increasing the likelihood of a deal. Bill Ford, CEO of General Atlantic, a major investor in ByteDance, believes a deal will eventually happen. However, securing approval from both the U.S. and Chinese governments remains a challenge.
Steven Mnuchin, former Treasury Secretary under Trump, has also expressed interest in purchasing TikTok’s U.S. business. Mnuchin led the U.S. government’s review of TikTok in 2020 and has stated he is still exploring ways to acquire the platform.
MrBeast: The Dark Horse in the Bidding War
MrBeast is one of the most outspoken potential buyers. Known for his viral YouTube videos, MrBeast’s involvement has generated excitement. His team confirmed that he is talking to other investors, though he has not yet committed to any specific deal.
Kevin O’Leary, a “Shark Tank” investor, is also part of “The People’s Bid,” a group looking to buy TikTok. O’Leary has offered $20 billion to acquire the platform, calling it “the obvious solution.”
What Happens Next?
The fate of TikTok’s U.S. operations is still uncertain. While a sale seems increasingly likely, the complex regulatory landscape will play a crucial role in determining the outcome. The decision could have major implications for the future of social media and national security.
