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Trump's $10 Billion TikTok Deal: Investors Step Up

3/16/2026

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Story summary
  • U.S. President Donald Trump oversees a plan for investors to pay $10 billion to transfer TikTok's U.S. operations from ByteDance.
  • Oracle, MGX, and Silver Lake have paid $2.5 billion to the U.S. Treasury.
  • They will pay more.
  • The fee described by Trump as a 'tremendous fee-plus' is unusually high.
  • The arrangement allows TikTok to operate in the United States, with ByteDance retaining a minority stake.
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