One dollar per day!? That's an obscenely high level. Facebook is one of the highest revenue per user social media companies by orders if magnitude and they made

One dollar per day!? That's an obscenely high level. Facebook is one of the highest revenue per user social media companies by orders if magnitude and they made worldwide an average of 7.26 per user in an entire financial quarter, which is like 8 or 9 cents per day. If tiktok is outdoing facebook by a full order of magnitude, and has 1/5th the users, even with identical growth expectations they'd be twice the valuation at like 1.2 trillion dollars. A couple billion in revenues plus investor belief in growth potential is more than enough to justify a 105 billion dollar valuation (nobody said investors can't overvalue companies either, look at wework). I dont think they're anywhere near as obscenely profitable as making a dollar per day across all international users, they're going to be orders of magnitude removed from that.