TikTok U.S. venture established with three 15% managing investors

Entities and roles

• MGX15% managing investor
• Oracle Corporation15% managing investor
• Silver Lake15% managing investor
• Larry EllisonTrump ally and Oracle executive chair
• TikTok USDS Joint Venture LLCnew majority-American-owned operator
• Donald J. Trumppresident whose order supplied the divestiture framework

Relationships in this file

1. Donald J. Trumpformed under Trump's divestiture orderTikTok USDS Joint Venture LLC
2. Donald J. Trumpreceived 15% managing stake under Trump frameworkOracle Corporation
3. Donald J. Trumpreceived 15% managing stake under Trump frameworkMGX
4. Donald J. Trumpreceived 15% managing stake under Trump frameworkSilver Lake
5. Donald J. Trumpally led Oracle as it received TikTok stakeLarry Ellison

Money trail

1. equityByteDance retained stake19.9% percent ownership

   Ownership holder / recipient

   ByteDance

2. equityMGX managing stake15% percent ownership

   Ownership holder / recipient

   MGX

3. equityOracle managing stake15% percent ownership

   Ownership holder / recipient

   Oracle

4. equitySilver Lake managing stake15% percent ownership

   Ownership holder / recipient

   Silver Lake

Claims and evidence

1. factreported

   TechCrunch identified Larry Ellison, whose Trump ties it also noted, as Oracle's co-founder, executive chair, and chief technology officer; Oracle received a 15% managing stake and the trusted-security-partner role in the U.S. TikTok venture created under Trump's order.

   • TechCrunch: What you should know about the owners of US TikTokOracle stake, security-partner duties, Larry Ellison leadership, and Trump ties
   • TikTok USDS Joint Venture LLC via Silver Lake: TikTok USDS Joint Venture LLC Established in Compliance with U.S. Regulatory RequirementsOracle 15% managing stake and trusted security partner
   • The White House: Saving TikTok While Protecting National Security, Executive Order 14352Executive Order 14352 divestiture framework
2. factdocumented

   TikTok USDS Joint Venture LLC announced its establishment under Trump's September 2025 order with Oracle, Silver Lake, and MGX each holding 15% as managing investors and ByteDance retaining 19.9%; a seven-member majority-American board governed the independent entity.

   • TikTok USDS Joint Venture LLC via Silver Lake: TikTok USDS Joint Venture LLC Established in Compliance with U.S. Regulatory RequirementsEstablishment, board, and ownership structure, lines 7-31
   • The White House: Saving TikTok While Protecting National Security, Executive Order 14352Section 2(c), implementation-agreement condition
   • TechCrunch: What you should know about the owners of US TikTokIndependent ownership breakdown and ByteDance retained stake