After years of legal fights, political pressure, and shutdown threats, TikTok has secured its future in the United States and is officially being reshaped.
According to The Hollywood Reporter, the video app’s U.S. business is set to be transferred to a new ownership group, with the deal expected to close on January 22, 2026. The newly formed company will be controlled by a group of investors led by Oracle, Silver Lake, and MGX, the state-backed investment firm from Abu Dhabi. These three will serve as managing investors and together hold a 45 percent ownership stake.
Additional new investors will own 5 percent of the company. Affiliates connected to some of ByteDance’s current investors will retain 30.1 percent, while ByteDance itself will keep a 19.9 percent share.
TikTok CEO Shou Chew shared the update in a memo to employees on Thursday that was viewed by The Hollywood Reporter, confirming that the agreement has now been signed.
“I want to take this opportunity to thank you for your continued dedication and tireless work. Your efforts keep us operating at the highest level and will ensure that TikTok continues to grow and thrive in the U.S. and around the world,” Chew wrote. “With these agreements in place, our focus must stay where it’s always been—firmly on delivering for our users, creators, businesses, and the global TikTok community.”
The sale comes after TikTok narrowly avoided a U.S. ban tied to national security concerns. Trump signed executive orders that delayed the enforcement of the ban while negotiations continued. In September, he approved the deal through an executive order, though most details were not made public at that time.
Trump had previously suggested that Fox Corp., controlled by the Murdoch family, could be part of the ownership group. It remains unclear whether they are included among the smaller group of new investors.
According to Chew, the agreement includes new safeguards, such as retraining TikTok’s recommendation system using U.S. data, Oracle managing data security, and ensuring that all final decisions on content moderation for U.S. users are made within the country.
