TikTok finds itself in Penelope’s position now—suitors are lining up to buy the social media site as it remains missing from the App Store and Google Play. Without a suitable buyer, American tech companies face big fines if the app returns.

Frank McCourt revealed plans to include Jimmy Donaldson, better known as MrBeast, in his $20 billion bid to acquire TikTok’s U.S. arm.

Speculation is rising around MrBeast's bid in buying TikTok, but Kevin O'Leary remains firm that his $20 billion offer is the "only" one that has the coding and technology capabilities.

He said private equity firms and family offices have reached out to provide financing options. Read more at straitstimes.com.

Will TikTok find a U.S. buyer to remain legal? After Trump vowed to make a deal to save the app, MrBeast has emerged as part of a joint bid.

The platform is in need of saving in the United States, where approximately 170 million people have TikTok accounts. On Friday, the U.S. Supreme Court upheld a federal law that will ban the platform on Jan. 19 unless TikTok’s China-based owner ByteDance divests its U.S. operations.

After the bipartisan TikTok law was signed by former President Joe Biden in April, ByteDance said it did not have plans to sell the platform and fought the statute in court for months. China also rebuked Washington over the divestment push, though more recently it appears to be softening its stance.

MrBeast joins a long list of interested TikTok buyers including billionaire Elon Musk and Oracle founder Larry Ellison. Billionaire Frank McCourt, who runs the internet advocacy group Project Liberty has also publicly expressed his interest in the opportunity,

Thanks to his elaborate productions and viral challenges, MrBeast is the most popular creator on YouTube. Here's how much he makes and what he's worth now that he's bidding for ownership of TikTok.

MrBeast himself hasn’t publicly commented on which side he’ll choose yet. “The leading groups who are all credible [sic] bidding on Tik Tok have reached out for us to help them, I’m excited to partner/make this a reality,” he posted on Wednesday.

TikTok got removed from the App Store, so people can’t download it anymore. If you already have it on your iPhone, you’re lucky! People are selling these phones for lots of money on eBay.