Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two to teach fellow tech titans, in particular his friend Elon Musk, about staying power.

He previously floated a joint venture, saying that the US should be entitled to half of the app.

Jimmy Donaldson - aka MrBeast - was jubilant as he told his tens of millions of TikTok followers about his bid to buy the platform. "I might become you guys' new CEO! I'm super excited!" Donaldson said from a private jet. He then proceeded to promise $10,000 to five random new followers.