Background
MrBeast recently tweeted "Okay fine, I'll buy TikTok so it doesn't get banned," in response to discussions about potential TikTok bans in the US. While initially seeming like a joke, he has since indicated that multiple billionaires have reached out to him about a potential collaboration to purchase the platform. TikTok's US operations are valued at approximately $50 billion
Resolution Criteria
This market will resolve YES if before the end of 2025:
MrBeast publicly confirms he is actively pursuing the purchase of TikTok (either independently or as part of an investment group) AND at least one of the following occurs:
A formal bid or offer is submitted to ByteDance
Official negotiations are initiated and confirmed by reliable media sources
Legal or financial documentation is filed related to a potential purchase
The market will resolve NO if:
No serious attempt meeting the above criteria is made before the end of 2025
MrBeast explicitly states he will not pursue the purchase
Update 2025-18-01 (PST): - Formal bid or offer submitted to ByteDance does not require the deal to go through nor proof of funds; it simply confirms a serious attempt at a purchase. (AI summary of creator comment)
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"A spokesperson for Donaldson told Bloomberg that the top content creator hasn’t committed to any one effort and is speaking with several parties with the goal of attaching himself to the eventual front-runner."
Interesting, wonder how this will pan out. I'd imagine any investor probably would want MrBeast on board just for his audience.
https://apnews.com/article/mrbeast-buying-tiktok-ban-trump-b4dff88315f192dd6a6f7289fa8db2bc
“MrBeast not quite in the bidding race for TikTok just yet, rep says”
@MingCat thanks, will confirm once it is submitted to ByteDance officially, or when negotiations have been confirmed to have begun.
If MrBeast makes an offer & gets a term sheet, but it later becomes clear that he did not actually have the money described in that offer, how would this market resolve?
For example, see the Virgin Orbit and Getty Images cases from Money Stuff. https://www.bloomberg.com/opinion/articles/2024-06-20/virgin-orbit-had-a-fake-takeover?embedded-checkout=true
@DingoBingo Would resolve to Yes as per condition “A formal bid or offer is submitted to ByteDance”. Formal bid does not necessitate the deal going through nor proof of funds, it simply would confirm a “serious” attempt at a purchase.