Over 170 million Americans use TikTok daily for entertainment, but after a law was enacted on Jan. 19 that prohibited its use in the United States, the app went dark for 12 hours before being restored. Government officials have decided TikTok will remain in the United States if a non-Chinese owner buys it. Potential buyers have been announced: Elon Musk, Jimmy Donaldson, and Larry Elison.
Each of these individuals brings unique strengths and resources that could make them suitable candidates for owning TikTok. Musk is the wealthiest person in the world “with a net worth of $433.9 billion,” according to The Indian Express. He owns Tesla, SpaceX, and X (formerly Twitter). His experience managing another social media app may provide him with the insight needed to run TikTok effectively.
Donaldson, known as MrBeast, is another potential buyer. “He is the biggest YouTuber in the world,” according to BBC News. Since Donaldson is popular with younger generations, his influence on TikTok may attract more users and keep the platform exciting and relevant.
Finally, Elison is the co-founder of Oracle Corporation, a widely known company that “is one of TikTok’s main service providers,” according to BBC News. Elison has insight into the app’s database, which could help him navigate TikTok’s needs.
America awaits one of these potential buyers stepping up to rescue TikTok as millions of users hope to keep their favorite platform alive.