TikTok receives $50 billion offer from US entrepreneur Reid Rasner to buy app
“While traditional tech hubs struggle with skyrocketing energy prices and unreliable grids, Wyoming offers unmatched energy stability, efficiency, and sustainability”
A wealthy Wyoming entrepreneur has made an offer to buy TikTok for nearly $50 billion, The Post can reveal.
Reid Rasner, 40, who has founded several firms in the state and currently heads up a media company, is seeking “a controlling stake” in TikTok’s assets, operations and proprietary algorithm for $47.45 billion, according to a copy of a Tuesday letter obtained by The Post that Rasner’s lawyer sent to the app’s Chinese parent company ByteDance. ---More...
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