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MrBeast is definitely going the extra mile in his attempt to buy TikTok.
There’s an ongoing rush among billionaires to buy TikTok, and suddenly, MrBeast has emerged as a serious candidate.
There’s a lot going on with TikTok these past weeks, and now that Donald Trump officially became the president of the U.S., he has given TikTok 75 days to comply with a law that requires a sale or ban of the platform in the states.
Here’s how MrBeast has become one of the favorites to buyTikTok, the problems that TikTok is facing in the U.S., a chronological timeline of what’s going on with TikTok, and more.
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Is MrBeast buying TikTok?
When TikTok was facing the threat of being banned in the U.S. before Donald Trump took over, MrBeast said on Jan. 13 onXthat he’d buy TikTok to prevent its ban.
What may have started as a simple joke became serious pretty fast as MrBeast later acknowledged that “many billionaires” reached out to him, possibly to help out with the purchase of TikTok.
Days passed, and the latest update on this situation is that MrBeast took a private jet on Jan. 20 to make a bid for TikTok.
“TikTok, I’m on a private jet right now about to put in my official offer for this platform,” he said in aTikTok video. I might become you guys’ new CEO. I’m super excited. I wish I could say more about the offer I’m putting in, but I can’t for now. Just know that it’s gonna be crazy."
Turns out that MrBeast wasn’t joking. ThePaul Hastings Law Firm announcedon January 21 that it is advising a “syndicate of investors”, which includes MrBeast. This syndicate of investors made an all-cash offer for TikTok’s US operation and other assets from ByteDance.
However, MrBeast isn’t the only one after TikTok. The YouTuber is facing the competition ofShark Tank regular Kevin O' Learyamong other billionaires.
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Why does TikTok have to be sold to remain operating in the U.S.?
TikTok went dark for hours in the U.S. on Jan.19. The U.S. government banned TikTok over concerns about its links to China’s government as TikTok is owned by ByteDance. ByteDance is the app’s China-based parent company.
The Joe Biden administration went as far as to argue that China could use TikTok as a tool to spy on American citizens and influence politics.
However, TikTok went live again as Donald Trump signed an executive order that granted a 75-day extension for TikTok to find a buyer or shut down.
Trump wasn’t too fond of TikTok during his first presidency between 2017 and 2021 and even backed its ban, but he changed his mind after using the app himself. On top of that, Trump said that “every rich person” called him about TikTok.
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The chronology of the TikTok controversy in the U.S.
Just in case you missed something over the past weeks, here’s the chronological timeline of what’s going on with TikTok in the U.S.:
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This matter is far from being over as there’s an ongoing battle among millionaires to purchase TikTok. Therefore, stay tuned to esports.gg for morenew and updates.
