A significant development is unfolding for TikTok’s U.S. operations, as a group of three prominent investors, including tech giant Oracle and private-equity firm Silver Lake, are set to collectively acquire approximately 50% ownership. This information comes from a source familiar with the intricate details of the deal, revealed on Thursday, September 25, 2025.
Meanwhile, ByteDance, TikTok’s Chinese parent company, will maintain a roughly 30% stake through its existing shareholders. These investors include well-known names such as Susquehanna International Group, General Atlantic, and KKR.
It’s worth noting that given the intense and widespread investor interest surrounding TikTok, this 50% ownership figure could still fluctuate as negotiations progress, the source indicated.
Neither Oracle nor Silver Lake has yet responded to requests for official comments on this developing story.
Adding to the complexity, a senior White House official stated on Saturday, September 20, 2025, that the agreement for TikTok’s U.S. operations stipulates that ByteDance will appoint just one of seven board members for the newly formed entity, with the remaining six seats occupied by American representatives.
This arrangement ensures ByteDance will hold less than a 20% stake in TikTok U.S., a crucial step to comply with a 2024 law. This legislation mandated that TikTok’s U.S. assets be sold by its China-based owner by January 2025, or face a shutdown.
Earlier reports suggested that Abu Dhabi-based MGX, alongside Oracle and Silver Lake, are positioned to be the primary investors in TikTok U.S., collectively holding about 45% ownership, citing sources.
MGX has not yet provided a comment regarding the report.
For context, MGX is recognized as a significant artificial intelligence investment firm and a key partner of Silver Lake. It operates under the oversight of Sheikh Tahnoon bin Zayed Al Nahyan, who serves as the United Arab Emirates’ national security adviser and is the brother of President Mohamed bin Zayed Al Nahyan.