The wealthy Wyoming entrepreneur has made an offer to buy Tiktok for nearly $50 billion, the Post can reveal.
Reedrasner, 40, who has established several companies in the state and currently leads media companies, has 474.5 billion “control” over Tiktok's assets, management and ownership algorithms, according to a copy of a letter Tuesday. I'm looking for it in dollars. A post sent by Rasner's lawyer to the app's Chinese parent company.
“By establishing Tiktok's operations in Wyoming, Lead ignites a new era of economic diversification, bringing thousands of benefits not only for the high-tech sector but also for Wyoming's energy, agriculture and tourism industries. It creates well-paid jobs,” said Steve Roberts, Media Counsel.
“This initiative brings skilled workers, cutting-edge innovation and new investment opportunities to the state and enhancing the economy while ensuring Wyoming remains a national leader in multiple sectors.”
President Trump pledged to “save Tiktok” before taking office, giving him a 75-day reprieve from the law signed by President Joe Biden on the first day, requiring a qualifying sale of the app from his Chinese parent company. I admitted that I was there.
“I met with the owner of Tiktok, a big owner. If you don't get permission, it's not worth it,” he said in January of the $500 billion AI infrastructure project, including Oracle, SoftBank and Open. He spoke to White House reporters in the announcement.
“It's worth as much as a trillion dollars,” the president added. “So I'm thinking about what I say to someone, “Buy it and give half to the United States. We give you permission,” they have a great partner. ”
Trump has also shown his support for the United States, assuming more than 50% ownership of the app.
The National Security Hawks have long warned that China's Communist Party has the ability to retrieve data on more than 170 million ticoku users in the US, including browsing history, biometric identifiers and location data. Ta.
Trump himself acknowledged the “threat,” even though he tried to delay Tiktock's sale from the deadline before taking office.
Billionaire Larry Ellison emerged as a potential buyer for social media apps earlier this year.
Oracle, an Ellison company based in Austin, Texas, is already serving as Tiktok's cloud computing partner.
Others rumored to be interested include Tesla and SpaceX founder Elon Musk, billionaire Frank McCourt and “Shark Tank” star Kevin O'Leary. An algorithm from scratch for US soil.
Lassner founded both wealth management and glass companies in Wyoming, challenging Sen. John Barrasso (R-Wyo.) in the 2024 Republican primary election last year.
His offer letter promoted the “rich clean and low-cost energy source” of the Cowboys that are necessary to supply the power of Tiktok.
“While traditional high-tech hubs suffer from energy prices and unreliable grid surges, Wyoming offers unparalleled energy stability, efficiency and sustainability,” the letter says .
The founder of Omnivest Financial and former owner of Wyoming Glass said his company is “prepared to enter into a comprehensive non-nondisclosure agreement and implement due diligence over six months. In the US [sic] Assets at the end of that period. ”
Tiktok representatives did not immediately respond to requests for comment.
