The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.

McCourt wants to build a decentralized version of the internet where individual users, rather than tech companies, own the reams of data spawned by their online lives.

TikTok is a huge part of American online culture, with millions of users consuming, posting and sharing content every day. But the app’s future in the U.S. is uncertain. If its parent company, ByteDance, doesn’t agree to a sale, TikTok faces a nationwide ban following the passage of a national security law in April.

MrBeast, one of most successful Internet creators, may join a bid by real estate mogul and Project Liberty founder Frank McCourt to buy TikTok's U.S. arm, McCourt told Axios' Sara Fischer in Davos Wednesday.

Frank McCourt is open to partnerships for acquiring TikTok's U.S. operations, prioritizing control over finances. He plans to migrate users to Project Liberty's platform. McCourt's bid, amidst U.S. government's TikTok scrutiny and judicial actions,

Billionaire Frank McCourt remains open to partnering with other buyers in acquiring TikTok's U.S. operations, but insists on maintaining control. McCourt's Project Liberty submitted a bid without including TikTok's algorithm,

The popular platform could be banned on Jan. 19 under a federal law, while many parties have expressed interest in buying the asset.

Frank McCourt’s Project Liberty and other investors have submitted a bid to buy TikTok from China-based ByteDance after a court-ordered divestiture or shutdown.

A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.

ByteDance has repeatedly stated it has no desire to sell TikTok, yet O’Leary has been persistent in his campaign to buy the U.S. arm of the platform — even without the algorithm in place.

Billionaire Frank McCourt says he is open to others joining his bid for U.S. TikTok::"If, as things evolve, there are other financial arrangements, we don't need to own 100 percent of TikTok." // “We met with a number of elected officials on both the House and the Senate side and on both sides of the aisle to just get the pulse of what people are thinking.

Businessman Frank McCourt is "open-minded" to keeping TikTok's existing investors, including the founder, involved after any deal to buy the U.S. operations of the Chinese-owned short-form video app,