In the fast-paced world of social media and celebrity news, rumours can ignite like wildfire. One such rumour that caught significant attention involved Soulja Boy potentially purchasing TikTok. So, did Soulja Boy buy TikTok?
It seems that TikTok will be banned in the US soon unless a non-Chinese entity purchases the platform within the deadline set by the U.S. Congress. Now, there are rumours that Soulja Boy is considering stepping in to buy the platform.
In this guide, we will dissect the rumour surrounding Soulja Boy's potential purchase of TikTok and evaluate whether he could realistically acquire the platform. But, before that, check out at what time TikTok is getting banned.
Did Soulja Boy Buy TikTok?
Soulja Boy did not buy TikTok. Nevertheless, the rapper did show interest in buying the short-form video platform, as evident from his tweet where he asked, "How much y'all want for TikTok? I’ll buy it."
TikTok is estimated to have a valuation of approximately 100 billion dollars, whereas Soulja Boy's net worth is reported to be 5 million dollars as of 2024. Consequently, it's improbable that he could afford to buy TikTok outright by himself.
In summary, Soulja Boy has not purchased TikTok, and given his current net worth, it's highly unlikely he could afford to buy the platform on his own unless he secures substantial financial backing or partners with other investors.
Who Has the Capacity to Buy TikTok?
To consider individuals or entities capable of purchasing a platform as large as TikTok, which is estimated to be valued at around $100 billion, we'd be looking at some of the world's wealthiest tech giants and billionaires. Here are a few examples:
- Jeff Bezos: Founder of Amazon and one of the richest people in the world, his wealth makes him a potential buyer for large tech acquisitions.
- Elon Musk: CEO of Tesla and SpaceX, known for making high-profile purchases and investments in various tech sectors.
- Bill Gates: Co-founder of Microsoft, with a history of investments in technology and global health.
- Mark Zuckerberg: CEO of Meta Platforms (formerly Facebook), who has a history of acquiring large tech companies like Instagram and WhatsApp.
- Larry Ellison: Co-founder of Oracle, known for his interest in technology and software enterprises.
- Apple Inc.: Apple could potentially consider such a purchase as a company with a large cash reserve and an interest in expanding its digital services.
- Google:Â Already a dominant force in online advertising and search, Google might see strategic value in acquiring a social media platform like TikTok.
Keep in mind that these are just examples based on financial capability and past investment behaviour. Any actual interest in purchasing TikTok would depend on strategic business considerations and market conditions.