The TikTok ban of 2025 left many people shooketh. For 12 hours, they couldn’t access their favorite app to laugh, cry, dance, or just doom scroll. President Trump signed an executive order giving users 75 more days to get their fix, but it’s not here to stay quite yet. President Biden signed a law mandating the app be divested from its Chinese parent company, and it looks like there could be a buyer. According to the New York Post, an American billionaire hopes to buy TikTok for a considerable price tag. Reid Rasner , 40, who lives in Wyoming, made a handsome offer that he hopes the owners will accept.
Reid Rasner Offered $47.45 Billion To Buy TikTok
Yes, that’s billion with a ‘B.’ Reid’s lawyers shared a letter with the Post sent to ByteDance, TikTok’s parent company.
It reads in part, “By establishing TikTok’s operations in Wyoming, Reid will ignite a new era of economic diversification, creating thousands of high-paying jobs that will not only benefit the tech sector but also supercharge Wyoming’s energy, agriculture, and tourism industries.”
The letter added, “This initiative will bring high-skilled workers, cutting-edge innovation, and new investment opportunities into the state, strengthening the economy while ensuring Wyoming remains a national leader in multiple sectors.”
The power of TikTok affects the lives of millions of Americans. It’s not just the entertainment it provides; many people rely on the app for income. Seeing it go away could have devasting effects on an already troubled economy.
Small business owner Jessica Simon told CBS News a permanent TikTok ban could ruin her business, Mississippi Candle Company. “That much of our business comes from people seeing our products on TikTok and buying them through our TikTok shop or coming to our website.”
She added that her following is much smaller on other sites and that getting to the same level as TikTok would be very difficult. “So we won’t be able to make up that income. We’ll have to rebuild our community somewhere else completely, and it will take a lot longer than it did on TikTok,” Jessica added.
No word yet on whether or not ByteDance will bite on Reid’s offer to buy TikTok.
This story’s featured image is by Beata Zawrzel/NurPhoto via Getty Images.
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