- High-profile American investors linked to proposed TikTok ownership transfer
- Deal aims to address national security concerns while maintaining platform stability
- Collaboration includes bipartisan efforts and potential Chinese approval, with significant media and tech influence involved
President Donald Trump has announced a significant development in the ongoing negotiations to bring TikTok’s American operations under U.S. ownership, revealing that prominent figures from the corporate and media world—including Lachlan Murdoch, Larry Ellison, and Michael Dell—would be involved as investors in a proposed deal. The deal aims to transfer the majority ownership of TikTok’s U.S. assets from its Chinese parent company, ByteDance, to a consortium of American investors, ensuring the platform continues to operate in the United States under stringent national security and cybersecurity oversight.
According to Trump, who discussed the arrangement during an interview on Fox News’s “The Sunday Briefing,” the investors involved are “American patriots” who will do a “really good job” managing the app, which boasts around 170 million users in the U.S. He credited TikTok with helping build his support among younger voters ahead of the 2024 election. The involvement of Lachlan Murdoch, CEO of Fox Corp., marks a notable crossover between media and big tech interests, as the Murdoch family recently secured long-term control over their media empire, including Fox News and The Wall Street Journal. Trump also indicated that his father, Rupert Murdoch, a conservative media magnate, may be involved in the deal.
Industry sources have clarified that any investment by the Murdochs would come through Fox Corp rather than as individuals, and News Corp—the parent company of The Wall Street Journal and The New York Post—is not participating. This complicates public perceptions given Trump’s ongoing defamation lawsuit against Rupert Murdoch and The Wall Street Journal over reports related to Trump’s past connections to Jeffrey Epstein.
Alongside the Murdochs, Larry Ellison, co-founder of Oracle and a major Republican donor, and Michael Dell, CEO of Dell Technologies, are expected to be key players in this consortium. Oracle’s role is particularly significant; reports suggest that American user data would be hosted on Oracle-managed infrastructure, a measure designed to address U.S. national security concerns. Ellison’s deep involvement reflects a broader strategy to establish strict control over data and algorithm operations within the U.S., including a board of directors with expertise in security overseeing TikTok’s American entity.
Sources indicate this move follows a bipartisan congressional effort that sought to ban TikTok unless it was sold to American investors, stemming from fears that the Chinese government could exploit access to U.S. user data. The Biden administration passed a law requiring ByteDance to divest its U.S. operations by January 2025, though enforcement has been deferred to allow negotiations to conclude. Trump’s administration has taken an unusual approach by including TikTok in wide-ranging economic discussions with China, alongside other unconventional business interventions, such as an investment stake in Intel and dealings with Nvidia.
Reports from the Wall Street Journal and Reuters detail that the deal involves a consortium led by Oracle, Silver Lake, and Andreessen Horowitz, expected to hold around 80% of TikTok’s U.S. operations, while ByteDance would retain less than 20%. The new U.S. entity would operate on an independent algorithm, and U.S. TikTok users would be asked to migrate to a new version of the app tailored specifically for the American market, enhancing data security.
Trump revealed that the deal had reportedly gained the approval of Chinese President Xi Jinping and that he expected to finalise the agreement imminently, potentially through an executive order that would delay enforcement of the existing divestiture law. The deal carries a deadline for completion set around mid-December 2025.
While the proposed arrangement is hailed by Trump as a patriotic effort securing American control over a critical platform, experts warn of potential risks. Some have expressed concern that heavy involvement by politically connected investors could lead to U.S. political interference in a platform that plays a central role in shaping culture and public discourse. This adds another layer of complexity to the ongoing debate over TikTok’s place in the U.S. digital landscape.
In summary, the emerging TikTok deal exemplifies a high-stakes intersection of geopolitics, technology, and media influence. With stalwart investors such as the Murdoch family, Larry Ellison, and Michael Dell at the forefront, the agreement underscores the U.S. government’s priority to safeguard national security while navigating the challenges posed by a globally influential social media platform originally rooted in China.
Source: Noah Wire Services
- https://indianexpress.com/article/technology/lachlan-murdoch-michael-dell-larry-ellison-involved-in-tiktok-deal-says-trump-10263864/ – Please view link – unable to able to access data
- https://www.reuters.com/world/china/trump-says-chinas-xi-approved-tiktok-deal-2025-09-19/ – President Donald Trump announced that media executive Lachlan Murdoch and business leaders Larry Ellison and Michael Dell are poised to become U.S. investors in a proposed deal aimed at maintaining TikTok’s operations within the United States. The deal, part of ongoing U.S.-China negotiations, would transfer the app’s American assets from China’s ByteDance to U.S. ownership, ensuring that a majority stake is held by American investors and that a security-credentialed board operates the platform domestically. ByteDance would retain less than 20% ownership.
- https://www.reuters.com/world/china/trump-expected-approve-tiktok-deal-via-executive-order-later-this-week-wsj-2025-09-22/ – U.S. President Donald Trump is expected to approve a long-anticipated deal allowing TikTok to continue operations in the United States via executive order, according to a Wall Street Journal report citing a senior White House official. The agreement concludes months of negotiations between U.S. and Chinese parties, addressing data security and ownership concerns over the popular video-sharing app. The proposed deal mandates that TikTok’s American assets be transferred from ByteDance to U.S. hands, with its algorithm operated independently in the U.S. Media investors including Larry Ellison, Michael Dell, and Lachlan Murdoch are set to be involved. Under this agreement, U.S. investors like Oracle and Silver Lake would collectively own about 80%, with a new entity managing TikTok’s operations in the U.S. ByteDance’s ownership stake would fall below 20%, and American user data would be hosted on Oracle-managed infrastructure in the U.S. A board of directors with national security expertise would oversee the U.S. TikTok entity to ensure compliance.
- https://apnews.com/article/c175ddc4bdeaa269543870f1227cd0d9 – President Donald Trump revealed that prominent billionaires, including Rupert Murdoch, his son Lachlan Murdoch, and Dell Technologies founder Michael Dell, could be involved in a potential deal for U.S. control over the social media platform TikTok. In a Fox News interview, Trump described them as patriotic and capable leaders. Oracle founder Larry Ellison, previously known to be involved, will oversee TikTok’s data and security, with Americans holding six of seven board seats. The deal is still under negotiation, with a deadline of December 16 set after a recent extension. Trump’s administration is striving to ensure that ByteDance, TikTok’s Chinese parent company, sells its U.S. operations amid concerns about Chinese manipulation through the app’s algorithm. A congressional ban on TikTok is slated for January, but Trump has delayed enforcement to facilitate the sale. Trump also mentioned his appreciation for TikTok’s ability to reach young voters, a strategy suggested by conservative activist Charlie Kirk. Meanwhile, Trump is involved in a lawsuit against Murdoch and The Wall Street Journal over a report on his connections to financier Jeffrey Epstein.
- https://www.axios.com/2025/09/21/tiktok-us-china-murdoch – Former President Donald Trump announced that prominent figures such as Rupert and Lachlan Murdoch and tech entrepreneur Michael Dell are expected to be among the American investors in a potential deal to bring TikTok under U.S. control. Trump revealed these details during an interview with Fox News, highlighting the involvement of high-profile individuals. However, a source familiar with the negotiations clarified that the investment might be made through Fox Corp., rather than by the Murdochs personally. This development is significant as it signals movement on efforts to localize TikTok’s U.S. operations, following a bipartisan congressional bill that sought to ban the app unless it was sold. Interestingly, Trump is currently suing Rupert Murdoch over Wall Street Journal reporting on Trump’s alleged connections to Jeffrey Epstein, even as Murdoch appears tied to this high-stakes deal. In addition to the Murdochs and Dell, Oracle chairman Larry Ellison is also mentioned as a stakeholder, with Oracle reportedly managing TikTok’s U.S. data. The concrete details and outcome of the deal remain uncertain, but the White House has indicated a resolution could come soon.
- https://www.reuters.com/world/china/oracle-silver-lake-consortium-control-80-stake-tiktok-us-wsj-reports-2025-09-16/ – A consortium led by Oracle, Silver Lake, and Andreessen Horowitz is set to control an 80% stake in TikTok’s U.S. operations, according to a Wall Street Journal report. As part of an agreement being finalized by the U.S. and China, a new American-based company will be established, with U.S. investors holding the majority stake and Chinese shareholders retaining the rest. The board will be primarily American, including one government-appointed member. TikTok will soon ask current users to migrate to a new app specifically built for the U.S. market, which will operate on a separate algorithm and data system. Oracle is expected to manage all U.S. user data at its Texas facilities. President Donald Trump issued an executive order delaying the enforcement of a law that requires divestment of Chinese ownership in TikTok until December 16, and also announced a bilateral agreement to keep TikTok running in the U.S.
- https://theweek.com/tech/trump-allies-reportedly-poised-buy-tiktok – President Donald Trump announced an agreement with Beijing concerning TikTok, granting the app another 90-day reprieve from a U.S. ban tied to its Chinese ownership. According to The Wall Street Journal, a proposed U.S. version of TikTok would be controlled by a consortium of American investors, including Oracle, Silver Lake, and Andreessen Horowitz, with U.S. companies owning approximately 80% and China’s ByteDance retaining under 20%. The revamped TikTok would feature a U.S.-dominated board, including a government-appointed member, and a content algorithm licensed from ByteDance. This structure aims to alleviate concerns about Chinese influence over TikTok’s 170 million American users. However, experts warn it could introduce risks of U.S. political interference, especially as major investors like Oracle’s Larry Ellison and other Trump-linked billionaires may gain significant control. Trump plans to finalize discussions with Chinese President Xi Jinping by Friday, and the deal is expected to close within 30 to 45 days unless Congress intervenes.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
The narrative is current, with the earliest known publication date being September 19, 2025. ([reuters.com](https://www.reuters.com/world/china/trump-says-chinas-xi-approved-tiktok-deal-2025-09-19/?utm_source=openai)) The report is based on a recent announcement by President Donald Trump, indicating high freshness.
Quotes check
Score:
10
Notes:
The direct quotes from President Trump are unique to this report, with no earlier matches found online. This suggests the content is original or exclusive.
Source reliability
Score:
9
Notes:
The narrative originates from The Indian Express, a reputable news organisation. However, the report is based on information from Reuters, which is also a reliable source. The involvement of multiple reputable sources enhances the credibility of the information.
Plausability check
Score:
9
Notes:
The claims about the involvement of Lachlan Murdoch, Michael Dell, and Larry Ellison in the TikTok deal are corroborated by multiple reputable sources, including Reuters and The Indian Express. ([reuters.com](https://www.reuters.com/world/china/trump-says-chinas-xi-approved-tiktok-deal-2025-09-19/?utm_source=openai)) The narrative aligns with recent developments and statements from President Trump, indicating high plausibility.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative is fresh, original, and supported by multiple reputable sources, with no significant discrepancies or signs of disinformation. The involvement of prominent figures in the TikTok deal is corroborated by recent reports, enhancing the credibility of the information.






