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RE: LeoThread 2025-01-24 09:32

in LeoFinance8 months ago

Wedbush added that it expects a slew of TikTok bids to come over the coming weeks from a host of players with Musk and Ellison leading the pack.

Big players, serious money
In addition to Musk and Ellison, experts flagged several other parties likely to be interested in a potential deal for TikTok, adding that the barriers to entry were high.

Given the financial stakes of a TikTok deal, it's unlikely that some rogue investor is going to swoop in and buy the platform on the cheap, Paul Triolo of Albright Stone Group told CNBC.