Story perspectives
Trump Administration Secures $10B for TikTok Sale
3/17/2026
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Story summary
- U.S. President Donald Trump’s administration is set to receive about $10 billion from investors to facilitate the sale of TikTok's U.S. operations from ByteDance.
- The fee is unprecedented, representing about 70% of TikTok's $14 billion valuation.
- Investors including Oracle Corporation, Silver Lake, and MGX have paid $2.5 billion to the U.S. Treasury.
- The deal addresses national security concerns about foreign ownership of TikTok, which has over 200 million American users.
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