Oracle (ORCL), Silver Lake, and MGX are set to become the main investors in TikTok’s U.S. operations, taking a combined 45% ownership stake, according to CNBC. The long-awaited deal is expected to be signed by President Trump later today, finally separating TikTok’s US business from Chinese parent ByteDance after months of political and market uncertainty.
A White House official said earlier this week that ByteDance will retain less than 20%, while the remaining 35% will be split among existing and global investors. The structure marks one of the most significant U.S.–China trade-related divestitures in recent years.
For Oracle, the deal could serve as both a strategic and symbolic win. The company is set to provide data security for TikTok’s U.S. operations, potentially boosting its credibility in the crowded cloud space. But markets reacted cautiously: ORCL shares fell nearly 6% Thursday as analysts questioned whether recent AI and cloud valuations have become overhyped.
The deal is still unfolding, and details on revenue-sharing and regulatory oversight remain under wraps. Yet for Washington and Wall Street alike, TikTok’s U.S. future is now taking a more concrete shape.
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Trump to sign TikTok deal Thursday
