🚨BREAKING: President Trump just announced he has a BUYER FOR TIKTOK and will reveal them in “about two weeks.”
President Trump saved TikTok.
Another reason Gen-Z loves Trump.
pic.twitter.com/ACYtm4LpQC— Bo Loudon (@BoLoudon) June 29, 2025
- I am crossing my fingers that the group buying Tik Tok includes Elon! – ALisha N
- President Trump is saving everything at the moment. Bringing peace all across the world.
- To be fair, people & companies have been lining up to buy tiktok. Very profitable. But Trump deserves credit for ‘saving it’ in America. The hardest part of course is getting China to truly DIVEST in the American Ops of TikTok and NOT USE OR TOUCH THE DATA ON AMERICANS!!!
There are many huge groups trying to buy Tik Tok’s US operations. Here they are and some details
As of the latest available information, several groups and companies have expressed interest in acquiring TikTok’s U.S. operations due to the divest-or-ban law passed by the U.S. Congress, which requires ByteDance, TikTok’s China-based parent company, to sell its U.S. operations or face a ban. Below is a list of the known groups and entities reportedly involved in bidding or exploring the purchase of TikTok’s U.S. operations, based on recent reports up to June 29, 2025:
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Oracle and a Group of Investors: Oracle, which already manages TikTok’s U.S. user data, is part of a consortium that includes venture capital firm Andreessen Horowitz. This group has submitted a bid, with Oracle potentially overseeing data security to address national security concerns. Oracle was also involved in a 2020 bid alongside Walmart and Microsoft.
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Blackstone and Non-Chinese Shareholders: Private equity firm Blackstone is in talks to join a group led by Susquehanna International Group and General Atlantic, existing non-Chinese shareholders of ByteDance, to bid for TikTok’s U.S. business.
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Amazon: Amazon has recently submitted a bid to acquire TikTok’s U.S. operations, with an offer letter sent to Vice President JD Vance and Commerce Secretary Howard Lutnick. However, some reports suggest this bid may not be taken seriously by all parties involved.
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Perplexity AI: This AI search engine company proposed a merger with TikTok’s U.S. operations in January 2025, aiming to create a new entity with an open-source algorithm. The goal is to enhance transparency and integrate AI functionality.
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Zoop and The Hbar Foundation: Zoop, a startup co-founded by Tim Stokely (founder of OnlyFans), partnered with The Hbar Foundation, a cryptocurrency group, to submit a late-stage bid for TikTok’s U.S. operations. The bid focuses on rewarding creators and community engagement.
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The People’s Bid (Frank McCourt’s Group): Led by billionaire Frank McCourt, former owner of the Los Angeles Dodgers, this group includes investors like Kevin O’Leary (Shark Tank), Reddit co-founder Alexis Ohanian, and is supported by Tim Berners-Lee. The bid, backed by Project Liberty, aims to prioritize user privacy and data control with an open-source approach, with commitments exceeding $20 billion.
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Jesse Tinsley’s Consortium: Jesse Tinsley, founder of Employer.com, leads a group that includes Roblox CEO David Baszucki and reportedly YouTuber MrBeast (Jimmy Donaldson), though MrBeast’s involvement is unconfirmed. Their bid is valued at over $20 billion.
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Reid Rasner (FoundersTok): Wyoming billionaire Reid Rasner, CEO of Omnivest Financial, submitted a $47.45 billion bid through an initiative called “FoundersTok,” partnered with marketing services firm Adaly. Additional partners may be announced.
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Steven Mnuchin’s Investor Group: Former U.S. Treasury Secretary Steven Mnuchin is assembling a group to buy TikTok, though specific investors and valuation details are undisclosed. Mnuchin has suggested a deal might exclude TikTok’s algorithm due to Chinese government restrictions.
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Bobby Kotick: The former Activision Blizzard CEO has expressed interest in purchasing TikTok, reportedly approaching ByteDance’s executive chair Zhang Yiming with a potential offer in the “hundreds of billions” range, possibly involving partners like OpenAI’s Sam Altman.
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AppLovin: This mobile technology company, which helps developers market apps, has made a bid for TikTok, with backing from billionaire casino magnate Steve Wynn. The bid aims to address national security concerns.
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Microsoft: Microsoft was a contender in 2020 and has been mentioned by President Trump as a potential bidder in 2025, though no recent public confirmation from Microsoft exists.
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Rumble: The conservative video-sharing platform’s CEO, Chris Pavlovski, has offered to join a consortium to acquire TikTok’s U.S. operations, though details on partners are unclear.
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Mark Zuckerberg/Meta: Zuckerberg has reportedly shown interest, but a Meta acquisition would likely face significant antitrust scrutiny due to its existing social media portfolio (Facebook, Instagram, WhatsApp).
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Elon Musk: President Trump has floated Musk as a potential buyer, but Musk has denied interest. His business ties with China via Tesla could make him a candidate acceptable to Chinese authorities, though no active bid has been confirmed.
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“Group of Very Wealthy People”: On June 29, 2025, President Trump stated that a “group of very wealthy people” is ready to buy TikTok, with names to be revealed in about two weeks, though no specific details were provided.
Key Notes:
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Challenges: Any sale faces significant hurdles, including approval from the Chinese government, which has indicated it would oppose a sale, especially if it includes TikTok’s algorithm. ByteDance has also expressed reluctance to sell, preferring a potential U.S. shutdown over divestiture.
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Valuation: Estimates for TikTok’s U.S. operations range widely, from $20–50 billion without the algorithm to over $100 billion with it.
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Deadline: The current deadline for a sale, extended by President Trump’s executive orders, is September 17, 2025, following multiple extensions from the original January 19, 2025, deadline.
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Antitrust Concerns: Major tech giants like Meta, Google, or Amazon face potential regulatory barriers due to antitrust issues, making smaller or non-social media players like Oracle or private equity firms more likely candidates.
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