Thu Sep 25 21:57:51 UTC 2025: **FOR IMMEDIATE RELEASE**

**Trump Signs Executive Order Finalizing TikTok Divestment, Oracle Set to Take Major Stake**

**WASHINGTON D.C. –** President Donald Trump has signed an executive order approving the divestment plan for TikTok, the popular short-form video app owned by China-based ByteDance. The deal, years in the making, shifts control of TikTok’s U.S. assets to a group of American investors, including tech giant Oracle, in a move designed to address data security concerns and comply with U.S. law.

The executive order, signed Thursday in the Oval Office, gives ByteDance 120 days to complete the divestiture. This follows multiple delays to the original deadline, which was pushed back four times to facilitate negotiations.

“We wanted to keep TikTok operating, but we also wanted to make sure that we protected Americans’ data privacy as required by law,” said Vice President JD Vance during the signing ceremony.

While specific details of the deal remain under wraps, Trump confirmed Oracle’s involvement as a key investor. He also mentioned the potential involvement of media mogul Rupert Murdoch and tech billionaire Michael Dell, though the extent of their roles is yet to be clarified. Vice President Vance revealed the deal is valued at approximately $14 billion, the first official valuation put on the agreement.

Sources indicate a consortium of three investors – Oracle, MGX, and private equity firm Silver Lake – will acquire roughly 50% stake in TikTok U.S. Reports suggest each investor would hold a 15% share. ByteDance is expected to retain less than 20% ownership to satisfy the requirements of the 2024 law mandating the sale of TikTok’s US assets.

MGX, an artificial intelligence investment firm partnered with Silver Lake, operates under the purview of Sheikh Tahnoon bin Zayed Al Nahyan, the United Arab Emirates’ national security adviser and brother of President Mohamed bin Zayed Al Nahyan.

The White House has promised to release the complete list of investors in the coming days.

The deal has sparked some controversy due to Oracle CEO Larry Ellison’s close ties to President Trump. Critics have voiced concerns that Ellison’s involvement could influence TikTok’s content towards a more politically favorable point of view. The White House has dismissed these concerns as “utterly delusional,” and the President himself assured reporters that all perspectives would be treated fairly under the new ownership.

Read More