A momentous shift is unfolding for TikTok’s U.S. operations, as a group of three prominent investors, spearheaded by the technology powerhouse Oracle and the private-equity firm Silver Lake, is reportedly acquiring approximately a 50% stake. This confidential information, disclosed by an individual closely familiar with the deal, surfaced on Thursday, September 25, 2025.
Existing shareholders of TikTok’s Chinese parent company, ByteDance, are anticipated to hold onto a roughly 30% stake in the U.S. entity. This group of investors includes notable names such as Susquehanna International Group, General Atlantic, and KKR. However, given the significant investor appetite for TikTok, there remains a possibility that the precise 50% stake allocation could still evolve.
Neither Oracle nor Silver Lake have yet issued an official response to requests for comment regarding this developing situation.
The comprehensive agreement concerning TikTok’s U.S. operations includes a governance structure where ByteDance will appoint one of seven board members for the new independent entity, with the remaining six seats being filled by American representatives. This detail was confirmed by a senior White House official on Saturday, September 20, 2025.
Crucially, ByteDance’s stake in TikTok U.S. is mandated to remain under 20%. This is to ensure compliance with a 2024 law that stipulates the popular platform would face a shutdown by January 2025 if its U.S. assets were not successfully divested by its China-based owner.
Earlier reports from CNBC had indicated that Abu Dhabi-based MGX, in collaboration with Oracle and Silver Lake, was set to be among the primary investors in TikTok U.S., collectively holding a 45% ownership. MGX, an artificial intelligence investment firm and a strategic partner of Silver Lake, falls under the executive purview of Sheikh Tahnoon bin Zayed Al Nahyan, the United Arab Emirates’ national security adviser and brother of President Mohamed bin Zayed Al Nahyan. MGX has also refrained from immediate comment on these reports.