Meta Description: Donald Trump signs executive order approving TikTok’s US consortium deal, extending ban moratorium by 270 days. ByteDance to cut stake below 20% as Oracle, Dell, and Murdoch join investor group.
Trump Certifies TikTok Deal
US President Donald Trump signed an executive order certifying that the deal restructuring TikTok’s US operations meets national security requirements. The order also extends the ban moratorium for 270 days, giving ByteDance more time to finalise the sale.
Trump revealed that Chinese President Xi Jinping gave his approval in a recent call. “We talked about TikTok and he gave us the go-ahead,” Trump said from the Oval Office.
ByteDance to Reduce Stake
Under the agreement, ByteDance’s share will fall below 20 percent to comply with US law requiring TikTok to be majority-owned by American investors.
The new consortium will include Oracle, Michael Dell, Rupert Murdoch, and private equity firm Silver Lake, according to White House officials.
Trump called them “world class investors that love the country.”
US Investors Take Control
Vice President JD Vance confirmed the new entity will be valued at $14 billion. He stressed that American investors will control TikTok’s critical algorithm, addressing concerns over data security and foreign influence.
“This protects Americans’ data while keeping TikTok accessible,” Vance said.
Political and Market Impact
Trump has repeatedly delayed a nationwide ban since taking office in January, but this move signals the final stage of negotiations. Analysts say the deal reflects Washington’s dual goals: protect national security while keeping TikTok’s popularity intact among American users.
With tech giants and media moguls on board, TikTok’s US future now depends on regulatory approval and how ByteDance adapts to its diminished role.
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