Trump Signs Executive Order Approving $14 Billion TikTok U.S. Sale to American Investors

President Donald Trump signed an executive order approving a $14 billion deal that shifts TikTok's U.S. operations to American and international investors, including Oracle, Silver Lake, and MGX, addressing national security concerns tied to its Chinese parent company, ByteDance. Under the agreement, ByteDance retains less than a 20% stake while American investors control the majority, with Oracle overseeing U.S. data and security infrastructure. Despite ByteDance's valuation of over $330 billion, TikTok's U.S. arm is valued significantly lower, with the deal pending final approval from the Chinese government. Vice President JD Vance emphasized that American investors now control TikTok's algorithm, ensuring data privacy and security compliance. This resolution delays enforcement of a prior national security law and allows TikTok to continue operating in the U.S., which has been welcomed by users and business owners who rely on the platform for growth. Lawmakers like Rep. Keith Self praised the move as removing TikTok from Chinese control and placing it firmly under American ownership.