A group of American investors, including YouTube’s most subscribed personality, MrBeast, has made an offer exceeding $20 billion to buy TikTok’s U.S. operations. Jesse Tinsley, who is leading the offer, shared details about this proposal. According to a Bloomberg report, the group has also added two more tech chief executives to their team as investors.
Tinsley told Bloomberg that their group’s offer surpasses $20 billion, which is significantly higher than other organizations attempting to buy TikTok’s U.S. operations. While he did not name the other groups, it is speculated that his reference might be to the “Project Liberty” group, which is also looking to acquire TikTok’s operations in the U.S.
Tinsley mentioned that their group is not in direct contact with ByteDance, TikTok’s parent company. ByteDance has consistently stated that it is not willing to sell TikTok’s U.S. operations. Tinsley clarified that there has been no response to their offer so far.
It’s important to note that since former President Donald Trump’s executive order temporarily blocked TikTok’s ban for 75 days, he had made it clear in several statements that TikTok would have to sell its U.S. business. It remains uncertain whether ByteDance and the Chinese government are considering the offer from Jesse Tinsley’s group.
Meanwhile, ByteDance is negotiating with the U.S. government to find a way to protect TikTok from a ban or sale in the U.S.
