"According to a report from The Wall Street Journal, the Trump administration is set to receive a total of $10 billion in the deal that allowed TikTok to remain in the US. The new investors who acquired stakes in the US entity of TikTok already paid a $2.5 billion fee to the administration when the deal closed in January, but WSJ's latest report noted that the group of investors would continue to make payments until the total hits $10 billion."
"After a group of investors, which includes Oracle along with the Silver Lake and MGX investment firms, acquired stakes in the US-based TikTok entity called TikTok USDS Joint Venture, the previously reported that the administration would receive a "multibillion-dollar fee" for its work on the deal. To better contextualize the recently-revealed $10 billion fee the Trump administration is receiving, the US entity of TikTok was valued at $14 billion by Vice President JD Vance."
The Trump administration is receiving $10 billion from the TikTok US deal that allowed the platform to continue operating in the country. Investors including Oracle, Silver Lake, and MGX acquired stakes in TikTok USDS Joint Venture and paid an initial $2.5 billion fee when the deal closed in January, with remaining payments continuing until reaching the $10 billion total. Vice President JD Vance valued the US TikTok entity at $14 billion. This represents a significant financial arrangement for the administration, comparable to other major corporate dealings such as an $8.9 billion investment in Intel and a Boeing 747-8 gift from Qatar.
Read at Engadget
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