Thu Sep 25 20:30:00 UTC 2025: **FOR IMMEDIATE RELEASE**

**Trump Signs Order Paving Way for American Ownership of TikTok**

**WASHINGTON, D.C.** – President Trump today signed an executive order to facilitate the sale of the popular social media platform TikTok from its Chinese-based owner ByteDance to a group of American investors. The move aims to alleviate national security concerns and ensure majority American ownership and control of the app.

While details of the deal remain scarce, officials indicated that Oracle is expected to play a significant role. The American company that will end up owning TikTok will be worth $14 billion and American investors will actually control the algorithm of the app.

“It’s very good and very meaningful, but we have American investors taking it over, running it, highly sophisticated,” Trump stated during the signing in the Oval Office, adding that those investors, including Oracle’s co-founder Larry Ellison, would play a very big role in terms of security, safety and everything else.

Trump, who acknowledged using TikTok successfully during his 2024 campaign, emphasized that the goal is to prevent the platform from being used as a “propaganda tool by any foreign government.”

Neither the White House nor Trump specified who exactly would be buying TikTok but said that Oracle is going to play a big part.

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