Who could buy TikTok in the US? Top 3 contenders

January 25, 2025 07:25 PM AEDT | By Invezz
 Who could buy TikTok in the US? Top 3 contenders
Image source: Invezz

TikTok is up for grabs in the United States after President Donald Trump stepped in as its savior and delayed a law that could have forced it to cease operations on January 19th.

He now wants a US investor to take a major stake in the renowned platform for short videos and end its misery once and for all.

Here are the top 3 contenders that could potentially buy TikTok by the end of March 2025.

MrBeast

Jimmy Donaldson – a social media celebrity that’s known more broadly as “MrBeast” is reportedly interested in buying TikTok.

The internet personality has been in talks with billionaires and even has an official offer ready, according to videos he’s recently posted on the platform.

“Several potential buyers are in ongoing discussions with Jimmy, but he has no exclusive agreements with any of them,” his spokesperson Matthew Hiltzik told CNBC in an interview this week.

Note that MrBeast has more than 100 million followers currently on TikTok. He’s estimated to be worth around $1.0 billion at writing.

Larry Ellison

One of the names that President Trump himself has hinted could buy TikTok is Larry Ellison – the chairman of Oracle Corp.

The multinational computer technology company is currently working with ByteDance as its cloud infrastructure provider in the United States.

So, it’s “directly invested in TikTok’s success in the region,” according to Scotiabank analyst Nat Schindler.

Note that Larry Ellison was among notable names that showed interest in buying TikTok the first time the US tried to ban the short-video platform. That’s why Wedbush Securities also expects him or Oracle to “play a pivotal role in any deal” concerning TikTok.

Elon Musk

Another prominent name from within Trump’s inner circle that could emerge as a potential buyer of TikTok in the US is billionaire Elon Musk.

Musk has been vocal against the ruling that aimed at banning the app and has business tied with Beijing as well.

There have even been reports suggesting the Chinese government itself is interested in Musk buying the US operations of TikTok.

“Elon Musk continues to be front and center as a potential bidder for TikTok, which likely includes some tech partners/outside investors to get a deal done.

Musk would be handpicked by Beijing and his ironclad relationship with Trump would make this a very logical choice,” according to Wedbush analysts.

Additionally, Musk’s $44 billion buyout of Twitter (now X.com) shows he’s interest in owning social media platforms and has experience on that front as well.

However, “the perception that he’s using X to promote certain political ideas, his involvement in TikTok could draw additional fire and antitrust scrutiny,” argues Scotiabank’s Schindler.

The post Who could buy TikTok in the US? Top 3 contenders appeared first on Invezz


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.