Trump Admin Scores ~$10B Fee From TikTok US Deal
Investors in TikTok's US business will pay the government roughly $10 billion for brokering the deal.
The Trump administration is about to cash a very large check. Investors backing TikTok's U.S. operations have agreed to pay the government approximately $10 billion for its role in making the deal happen.
That's not a typo. Ten billion dollars — essentially a finder's fee for the federal government.
The payments will come from the investor group behind TikTok's domestic business, which includes Oracle and Silver Lake. The fee will be structured as several multibillion-dollar installments, according to sources familiar with the arrangement.
The deal marks an unprecedented move: a government extracting a massive brokerage fee from a private tech transaction. Oracle has been central to the TikTok saga as a technology partner, while Silver Lake brings heavyweight private equity muscle to the table.
No word yet on exactly how the payment schedule breaks down or where the funds will be directed.