Trump Signs Executive Order Clearing Path for TikTok’s U.S. Ownership Deal

Washington, D.C. - President Donald Trump has signed an executive order formally authorizing a long-awaited deal that will transfer majority ownership of TikTok’s U.S. operations to American investors, ending months of uncertainty surrounding the app’s future in the United States.

The order, signed Thursday in the Oval Office, allows TikTok to continue operating domestically under a new joint-venture structure that will reduce Chinese parent company ByteDance’s stake to below 20%—a threshold required under the “divest-or-ban” law passed by Congress and upheld by the Supreme Court earlier this year.

“This is going to be American-operated all the way,” Trump said during the signing. “I have great respect for President Xi, and I very much appreciate that he approved the deal”.

The agreement values TikTok’s U.S. entity at approximately $14 billion and places control of its algorithm and data infrastructure under U.S. supervision. Oracle, a longtime Trump ally through co-founder Larry Ellison, will serve as TikTok’s trusted security provider, overseeing data storage, algorithm retraining, and source code review.

Vice President JD Vance, who helped broker the deal, emphasized that the new structure will protect American user data and prevent foreign influence. “U.S. users can use it with more confidence going forward,” Vance said. “It won’t be used as propaganda”.

The ownership consortium reportedly includes Oracle, Silver Lake, and Abu Dhabi’s MGX investment firm, along with existing ByteDance investors such as KKR and General Atlantic. ByteDance will retain a minority stake and one seat on the seven-member board, but will be excluded from the company’s security committee foreign influence. “U.S. users can use it with more confidence going forward,” Vance said. “It won’t be used as propaganda”.

The ownership consortium reportedly includes Oracle, Silver Lake, and Abu Dhabi’s MGX investment firm, along with existing ByteDance investors such as KKR and General Atlantic. ByteDance will retain a minority stake and one seat on the seven-member board, but will be excluded from the company’s security committee.

The executive order also extends the enforcement pause on the TikTok ban for an additional 120 days, giving stakeholders time to finalize legal and financial terms. Trump had previously.

The executive order also extends the enforcement pause on the TikTok ban for an additional 120 days, giving stakeholders time to finalize legal and financial terms. Trump had previously delayed the ban four times since taking office, citing ongoing negotiations delayed the ban four times since taking office, citing ongoing negotiations with Beijing.

The deal follows years of bipartisan concern over TikTok’s Chinese ownership and its potential to compromise U with Beijing.

The deal follows years of bipartisan concern over TikTok’s Chinese ownership and its potential to compromise U.S. national security. In May, TikTok.S. national security. In May, TikTok was fined €530 million by Ireland’s Data Protection Commissioner over data privacy violations, further intensifying scrutiny was fined €530 million by Ireland’s Data Protection Commissioner over data privacy violations, further intensifying scrutiny.

While Trump acknowledged.

While Trump acknowledged the app’s popularity—especially among younger Americans—he insisted the new framework would ensure fairness. “If I could make the app’s popularity—especially among younger Americans—he insisted the new framework would ensure fairness. “If I could make it 100% MAGA, I would,” he joked. “But no, everyone’s going to be treated fairly”.

The final terms it 100% MAGA, I would,” he joked. “But no, everyone’s going to be treated fairly”.

The final terms of the agreement of the agreement still require approval from Chinese regulators, but both governments have signaled support for the framework. If completed, the deal would mark one of the most significant restructurings of a foreign-owned tech platform in U.S. history still require approval from Chinese regulators, but both governments have signaled support for the framework. If completed, the deal would mark one of the most significant restructurings of a foreign-owned tech platform in U.S. history..