Today, President Joe Biden signed a bill that sets a 270-day deadline for TikTok’s parent company, ByteDance, to divest its interest in the app[4]. In response, rapper Soulja Boy expressed his concerns on Twitter, calling the legislation an attack on freedom of speech and the First Amendment. He offered to purchase TikTok himself, highlighting its importance and value in the social media landscape.
Soulja Boy’s tweets sparked a conversation online, with users questioning his ability to afford such a significant acquisition. The rapper’s interest in buying TikTok raised eyebrows and led to discussions about the platform’s estimated value, which is reported to be over $100 billion, despite not turning a profit in 2023[4]. With a massive American user base of over 170 million users, TikTok remains a highly influential platform in the digital space.
While Soulja Boy has achieved commercial success with his music and ventures like his shoe company and game console, the feasibility of him acquiring a platform as substantial as TikTok remains uncertain[4]. His proposal to purchase TikTok adds an intriguing twist to the ongoing discussions surrounding the app’s future and potential ownership changes.
Chad is a professional journalist specializing in Hip-Hop culture and writing music reviews.
