Trump Signs Executive Order Approving TikTok US Sale to American Investors

President Donald Trump has signed an executive order finalizing terms for a deal that would place TikTok’s U.S. business under American control. According to reports, a group of U.S.-based investors including Oracle, Silver Lake and MGX will hold a majority stake; ByteDance will retain a 19.9% stake and keep control of TikTok’s recommendation algorithm.

Key facts

• U.S. investors (reported core group: Oracle, Silver Lake, MGX) will own a large share of the new U.S. TikTok entity.
• ByteDance will retain a 19.9% stake and reportedly will continue to license the app’s recommendation algorithm.
• Vice President J.D. Vance said the arrangement ensures U.S. investors will “control over how the algorithm pushes content toward users.”
• The new company’s valuation has been reported at roughly $14 billion.

Why this matters

The move aims to address U.S. national security concerns that TikTok, owned by China-based ByteDance, could be used to influence or collect data on American users. Critics say licensing the algorithm rather than fully transferring it to U.S. ownership leaves potential risks.

Reactions & concerns

Supporters argue the deal provides a pragmatic path to keep TikTok operating in the U.S. while shifting control to domestic investors. Skeptics — including lawmakers from both parties — have voiced concerns about any arrangement that does not put the algorithm fully under U.S. control.

More information

Read the full report: Fox Business — Trump signs executive order allowing TikTok deal to proceed.

Note: This post summarizes reporting on the announced executive order and proposed deal. Sources: Fox Business.