by Hazel Feb 11,2025
MrBeast, the popular YouTuber, is reportedly part of a consortium attempting a $20 billion+ bid to acquire TikTok. This investor group, which also includes Jesse Tinsley (Employer.com founder), David Baszucki (Roblox co-founder and CEO), and Nathan McCauley (Anchorage Digital head), estimates the acquisition cost at $25 billion.
Bloomberg reported on this ambitious bid, though the group acknowledges they haven't yet received a direct response from ByteDance, TikTok's parent company. ByteDance has publicly stated that its U.S. operations are not for sale.
MrBeast's representatives clarified that he's engaging in discussions with multiple parties and aims to align with the eventual frontrunner, leaving open the possibility of shifting allegiances. In a January 22nd tweet, he expressed excitement about the potential partnership, hinting at significant developments.
Earlier this week, President Trump mentioned Microsoft's purported negotiations to acquire TikTok and expressed hope for a bidding war. Microsoft has yet to confirm this claim.
The events leading to this acquisition attempt stem from a previous legal battle. TikTok, facing a January 19th deadline to sell its U.S. operations or face a ban on national security grounds, was briefly taken offline for its 170 million U.S. users. This followed the Supreme Court's rejection of TikTok's First Amendment challenge. The court acknowledged the prevalence of data collection but cited TikTok's scale and vulnerability to foreign control as justification for the government's national security concerns. Service was restored after assurances from President Trump that penalties would be avoided.
TikTok characterized its stance as a defense of the First Amendment and against arbitrary censorship, stating its willingness to collaborate with President Trump on a long-term solution to maintain its U.S. presence. Upon assuming office on January 20th, President Trump issued an executive order delaying enforcement of the law by 75 days, indicating ongoing negotiations with various entities, including Elon Musk, regarding a potential TikTok buyout.
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