Trending Now - Trump Administration Reportedly Set to Receive $10 Billion From Tiktok Deal

WHO:

President Trump

Larry Ellison, co-founder and CTO of Oracle

Investors including Oracle, MGX (an investment firm based in the United Arab Emirates), and Silver Lake

ByteDance, the Chinese parent company of TikTok

WHAT:

The Trump administration is set to receive $10 billion as a transaction fee for brokering a deal to create a US-controlled version of TikTok.

$2.5 billion was already paid to the US Treasury when the deal closed.

The total deal value for TikTok's US operations is approximately $14 billion.

The fee represents over 70 percent of the deal's value.

WHERE:

United States

TikTok's US operations

WHEN:

The deal closed on January 22nd, 2026.

President Trump signed an executive order in September 2025.

WHY:

The deal was brokered amid bipartisan concerns regarding TikTok's Chinese ownership posing a national security threat.

HOW:

The deal involves a group of investors taking a majority stake in TikTok's US operations from ByteDance.

The transaction fee arrangement is considered unusual, as it is rare for a government to take a fee for a deal between private businesses.

(UPDATED March 15, 2026 01:25 UTC)

President Trump is set to receive a $10 billion transaction fee for brokering a deal that creates a US-controlled version of TikTok, which closed on January 22, 2026. This deal, valued at approximately $14 billion, involves a group of investors, including Oracle and MGX, taking a majority stake in TikTok's US operations from its Chinese parent company, ByteDance. The fee, which represents over 70 percent of the deal's value, comes amid bipartisan concerns about the national security implications of TikTok's Chinese ownership.