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Ongoing negotiations between China and the United States could result in American investors acquiring up to 80% ownership of the social media platform TikTok, with the Chinese founders retaining 20%.
This week, U.S. and Chinese delegations met in Madrid, Spain, to discuss the future of TikTok.
According to CNN, one of the key terms under discussion is that American investors in technology and finance sectors will establish a new company that will hold the 80% stake in TikTok.
Among the American firms expected to take part are Oracle, known for its cloud services, Andreessen Horowitz, a major venture capital firm, and Silver Lake, which specializes in technology investments. The Chinese side would retain 20% ownership.
The new company is expected to have a board of directors partly appointed by the administration of President Donald Trump.
So far, these plans are still under discussion and may change after Trump’s scheduled phone call with Chinese President Xi Jinping on Friday, September 19, 2025.
The news comes after Trump signed an executive order on Tuesday, September 16, 2025, granting a three-month extension before a total ban on TikTok in the U.S. takes effect.
The U.S. government has accused TikTok of misusing Americans’ data for espionage purposes and endangering the safety of children.
Under the previous administration of Joe Biden, TikTok was also facing a ban in the U.S., but since Trump took office, he has suspended the move and instead pushed negotiations to allow Americans to secure majority ownership of the platform.
