Trump Signed An Executive Order Transferring TikTok To U.S. Owners
1- 26.09.2025, 9:33
- 2,806
Details of the plan have come to light.
US President Donald Trump signed an executive order on Thursday, September 25, outlining the terms of an agreement to transfer TikTok to an American owner.
This was reported by The Guardian.
Trump said he and Chinese leader Si Jinping reached an agreement to keep TikTok operating in the United States, separating the social network from its Chinese owner ByteDance. Trump said the agreement complies with a law that would have forced the app to shut down for U.S. users if it was not sold to the American owner.
"I talked to President Xi, and he said: 'Go ahead' ... It will be a completely American company," Trump said at a news conference.
According to the plan, U.S. investors would take over most of TikTok's operations and license the app's powerful recommendation algorithm. U.S. companies are expected to own about 80 percent of the U.S. version of the standalone company, while ByteDance and Chinese investors will own less than 20 percent. The new version of TikTok will be overseen by a seven-member board of directors that includes cybersecurity and national security experts, six of whom are Americans, according to the White House.
The new U.S. company will be valued at $14 billion, according to J.D. Vance, who also spoke at the press conference. That figure is well below ByteDance's overall valuation, which is around $330 billion. By comparison, Meta, which owns Facebook and Instagram, is valued at $1.8 trillion.
TikTok's group of U.S. investors is led by U.S. software giant Oracle, which will oversee TikTok's U.S. operations, provide cloud services to store user data and license control of the app's algorithm. White House officials said ByteDance and Chinese officials would not have access to U.S. users' data.
In addition to Oracle and its co-founder Larry Ellison, Trump said at a news conference that other investors include media mogul Rupert Murdoch and Dell Computers CEO Michael Dell.
"Wonderful investors. The biggest. There's no such thing as the biggest," Trump said. Vance added that more details about the participants in the deal will be announced in the next few days.
When asked if TikTok will start prioritizing Maga-related content, Trump said the app will continue to recommend a wide range of content as it has in the past.
"I always love anything Maga-related. If I could, I would make it 100 percent Maga-related... Every group [TikTok] will be treated fairly," he said.
The deal ends months of legal uncertainty for one of the most popular apps in the U.S., and gives several U.S. companies a powerful new footprint in the social media sphere. TikTok is used by about 180 million people nationwide, and Trump believes it is the app that helped him win the 2024 presidential election.
Trump also said at the press conference that "young people" are rooting for him to "save TikTok." He also thanked conservative activist Charlie Kirk, who died earlier this month, for encouraging him to join the social network.
Last week, U.S. Treasury Secretary Scott Bessent announced that the United States and China had reached a framework agreement on TikTok after a series of high-level talks in Madrid.
China's chief trade negotiator Li Chengang confirmed the agreement later that day, and also issued a warning against U.S. attempts to "strangle" Chinese companies.
Bank's name: Bank Millennium S.A.
Address: ul. Stanislawa Zaryna, 2A, 02-593, Warszawa
IBAN: PL97116022020000000216711123
SWIFT: BIGBPLPW
Name of the account holder: Fundacja “KARTA ‘97”
Purpose/title of payment: Donation for statuary aims
You can contact us by the e-mail charter97@gmail.com
