Trump Signs Executive Order to Transfer TikTok Ownership to U.S. Investors

Report by “Safarti Tarjuman” International News Desk

Washington — U.S. President Donald Trump has signed an executive order transferring TikTok’s American operations from Chinese parent company ByteDance to a group of U.S. investors, a move designed to resolve long-standing national security concerns.

Trump confirmed the agreement following discussions with Chinese President Xi Jinping, calling it a “win-win” arrangement that will keep the popular video-sharing app running in the United States under American control.

The deal grants U.S. investors an 80% controlling stake in a newly created American TikTok entity, while ByteDance and its Chinese stakeholders will hold less than 20%. The new company will be valued at around $14 billion, significantly lower than ByteDance’s global valuation of $330 billion.

Oversight will rest with a seven-member board of directors, six of whom will be American cybersecurity and national security experts. Oracle will manage U.S. operations, host data on domestic cloud servers, and oversee the platform’s recommendation algorithm. Other high-profile investors include media mogul Rupert Murdoch and technology leader Michael Dell.

The “Saving TikTok” executive order ensures compliance with legislation mandating the divestiture of TikTok from Chinese ownership. The White House stressed that U.S. user data will remain inaccessible to Chinese authorities, addressing fears of data misuse and foreign interference. The transfer is expected to be finalized within 120 days.

TikTok, with over 180 million U.S. users, has become one of the country’s most influential digital platforms. Trump praised its role in energizing voters during his 2024 campaign but assured that the platform will remain balanced in its content distribution.

The move reflects Trump’s broader economic strategy, which includes pushing for greater domestic investment in technology. His administration recently secured a 10% stake in Intel and has urged major companies such as Apple and Nvidia to ramp up U.S.-based production.

Trump dismissed earlier suggestions of a government “deal fee,” clarifying that revenue would come through taxation: “We’re going to make money, and we’re going to get a lot of money in taxes.”