Two weeks out from the latest deadline for the Chinese owner of TikTok to either sell its U.S. operation or go dark, a Wyoming billionaire remains optimistic about buying the popular social media app.
Reid Rasner, CEO of Omnivest Financial, has been making a push to stand out among a list of heavyweight contenders for TikTok that includes Amazon, Oracle, Perplexity, Microsoft and the owner of OnlyFans.
Faced with an ultimatum to sell or be shut down over claims TikTok is being used to spy on the United States and its citizens, the platform owned by Chinese company ByteDance has so far spurned offers.
In the meantime, President Donald Trump has extended the original Jan. 19 deadline twice. Now, the sale must be done by June 19.
Rasner said his investor group’s $47.45 billion bid is “$20