On the evening of September 25th, EST, it was reported that US President Donald Trump signed an executive order on Thursday, September 25th, approving a proposal to allow TikTok to continue operating in the United States.

US Vice President J.D. Vance stated that the new US joint venture is valued at approximately $14 billion.

In reality, the joint venture refers to the "TikTok USDS Joint Venture," not TikTok's entire US business. Bloomberg News previously reported that the valuation of TikTok's US operations was closer to $40 billion.

Under the terms of the deal (which still requires Chinese approval), a new joint venture will manage TikTok's US operations, with ByteDance retaining a stake of less than 20%.

According to a CNBC report earlier on Thursday, September 25, enterprise tech giant Oracle, Silver Lake Capital, and Abu Dhabi-based MGX Investment Fund will become the lead investors in TikTok's US operations, controlling approximately 45% of the entity, while ByteDance investors will hold a 35% stake.

No ByteDance representative attended the signing ceremony, and the company has not yet confirmed the transaction is proceeding.

According to media reports, citing sources familiar with the matter, Oracle will oversee the app's security operations and continue to provide cloud computing services to the new TikTok US company.

According to sources, ByteDance investors such as General Atlantic, Susquehanna, and Sequoia are expected to inject equity into the new TikTok US company.

ByteDance was reportedly valued at $330 billion last month. Previously, analysts had estimated that TikTok's US operations could be valued between $30 billion and $35 billion.

According to a CNBC report on Monday, September 22, the transaction does not involve the US federal government taking a stake in TikTok's US operations or a so-called golden share. At this time, there are no specific details about the new owners under the proposed deal, other than Trump reiterating that Oracle and Larry Ellison, along with tech giants Michael Dell and Rupert Murdoch, are investors.

U.S. Vice President JD Vance, who attended the event, said the deal values ​​TikTok US at approximately $14 billion.

He said the list of investors will be announced in due course.

Representatives for TikTok and ByteDance did not immediately respond to requests for comment.

The deal still requires approval from Chinese regulators before it can become effective.