MrBeast’s ongoing TikTok acquisition attempts continue with new $20+ Billion bid.
The TikTok "gold rush" continues as more billionaire investors have put their hat into the ring. Jesse Tinsley, Tech Entrepreneur and Investor, has organized a new bid for TikTok worth "significantly more" than $20 Billion with support from MrBeast. What initially started as a joke has quickly gained traction turning MrBeast into a frontrunner for any acquisition attempt.
Is MrBeast working with Jesse Tinsley's TikTok bid?
Jesse Tinsley was recently interviewed on Bloomberg Television, where he announced the TikTok bid with support from MrBeast. During the interview, Tinsley claimed his group's bid is significantly higher than a roughly $20 Billion offer from a "rival buyer". That rival bid potentially refers to the Kevin O'Leary backed Project Liberty.
However, crucially, Tinsley also noted that MrBeast is not exclusively signed on with his TikTok bid. According to Bloomberg, MrBeast hasn't committed to any one effort. Instead, the content creator is speaking with several groups to ensure he is attached with the eventual front-runner.
Furthermore, Tinsley's own interview took some of the wind out of its sail. According to the entrepreneur, his group has not been in contact with TikTok parent company, ByteDance Ltd., which has maintained that its US business is not for sale.
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Will MrBeast buy TikTok?
According to U.S. President Donald Trump, there's "great interest in TikTok" with potential bids from the $3 trillion dollar company, Microsoft, on the table. For such heavy-hitters, the acquisition of TikTok isn't just a social media game. Rather, it's a significant investment in their attempt to gain control in the social media pseudo-arms race.
So for MrBeast to achieve his goal of acquiring TikTok, he'd have to hope that a consortium bid like Tinsley's wins out with him on-board. Otherwise, he might remain just one of the largest creators on the platform, instead of the one in-charge.
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