Official announcement from TikTok or ByteDance confirming the acquisition

MrBeast Joins All-Cash Bid Led by Jesse Tinsley to Buy TikTok Before 75-Day U.S. Ban Deadline

Jan 22, 2025, 09:33 AM

MrBeast, known as Jimmy Donaldson and boasting 346 million subscribers on YouTube, has joined a group of American investors led by Jesse Tinsley, the founder and CEO of Employer.com, to submit an all-cash bid to acquire TikTok's U.S. operations. The bid comes as TikTok faces a potential ban in the U.S., with a 75-day deadline set by President Donald Trump for ByteDance, TikTok's parent company, to sell its U.S. business. The investor group, represented by the Paul Hastings law firm and including institutional investors and high-net-worth individuals, aims to ensure the continuity of TikTok for its 170 million American users. The proposal seeks to address national security concerns while preserving the platform. Brad Bondi, brother of Trump's attorney general pick Pam Bondi, is part of the legal team advising the group. Other potential buyers mentioned include Elon Musk, Amazon, Oracle, and a group led by billionaire Frank McCourt.