What we know about who's buying TikTok's US business

January 23, 2026 - 21:47

A consortium of prominent technology and investment firms has emerged as the new controlling force behind TikTok's US operations. The finalized deal sees Oracle, Silver Lake, MGX, and Michael Dell's investment vehicle joining together as the primary investors, acquiring significant stakes in the popular social media platform's American business.

This strategic partnership brings together diverse expertise. Oracle is expected to become TikTok's critical cloud technology provider, ensuring US user data is managed domestically. Meanwhile, the inclusion of heavyweight investment firms Silver Lake and MGX, alongside the personal capital of tech magnate Michael Dell, underscores the immense financial and strategic value seen in the short-form video app.

The agreement aims to resolve longstanding national security concerns raised by US regulators regarding the app's previous ownership structure. By establishing a US-led corporate governance model with trusted technology partners, the deal paves the way for TikTok to continue its operations for millions of American users and content creators. This move stabilizes the platform's future in one of its largest markets, allowing it to focus on growth and competition within the dynamic social media landscape. The new ownership structure represents a significant shift in the global tech arena, blending operational security with deep financial backing.