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YouTube star Jimmy "MrBeast" has been expressing his intention to purchase TikTok as the social media app faces a ban in the United States. He has made a special bid for the application, as per a statement by US law firm Paul Hastings. This comes in light of President Donald Trump's recent statement that he would be open to tech mogul Elon Musk or Larry Ellison purchasing TikTok.
Reportedly, Recruiter.com CEO Jesse Tinsley, MrBeast, and other investors have supposedly decided to put in an "all-cash offer" to obtain the ByteDance-owned social media website. However, there continue to be conflicting claims regarding MrBeast's involvement in the bid, including a statement from a spokesperson for the YouTuber. This article explores the details of the deal, the individuals involved in it, and the spokesperson's statement.
Exploring details of MrBeast's "all-cash" bid for purchasing TikTok
With the date of TikTok's prohibition approaching on January 19, 2025, MrBeast previously made a post on X claiming that he would like to purchase the application so that "it doesn't get banned." He had also claimed that he was going to be in contact with a “bunch of billionaires” about the bid to purchase TikTok.
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Now, in a statement released on January 21, 2025, US law firm Paul Hastings LLP has released information about a bid made by a group of investors led by Jesse Tinsley, an entrepreneur and CEO of Recruiter.com Ventures. As previously mentioned, one of the salient features of the deal is the "all-cash offer" to acquire "TikTok's U.S. operations and various assets" from ByteDance.
However, as per a statement by MrBeast's spokesperson Matthew Hiltzik, the YouTuber has not officially joined any bids, and despite "ongoing discussions" with "several buyers," Jimmy does not have any "exclusive agreements" with any of them.
TikTok had preemptively halted its services in the United States ahead of its nationwide ban. Despite the website being brought back soon after, it sparked a massive online discussion among netizens regarding their experience with TikTok and the value of the application in their lives.
