Trump Administration Set to Receive $10 Billion Fee for Brokering TikTok Deal [View all]

Source: The Wall Street Journal.

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Trump Administration Set to Receive $10 Billion Fee for Brokering TikTok Deal

Investors in social-media platform's U.S. business, including Oracle and Silver Lake, agreed to give the government several multibillion-dollar payments, sources say

By Miriam Gottfried and Amrith Ramkumar
March 13, 2026 6:00 pm ET

The Trump administration is set to receive a roughly $10 billion fee from investors in the recently completed deal (1) to take control of TikTok's U.S. business, delivering it a windfall for keeping the popular social-media app alive in America.

The payment is part of the agreement through which investors friendly with the administration gained control of TikTok's U.S. operations from Chinese parent ByteDance, people familiar with the matter said. It comes in addition to the investments made to create a new entity to run the app in the U.S.

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(1) https://www.wsj.com/tech/tiktok-finalizes-deal-to-keep-operating-in-the-u-s-dd2c161a

Read more: https://www.wsj.com/tech/tiktok-deal-fee-trump-administration-5aa31c9f

Breaking: The Trump administration will receive a billion fee for brokering the deal that kept TikTok alive in the U.S. on.wsj.com/3NdA4mh

— The Wall Street Journal (@wsj.com) 2026-03-13T22:02:00.452671Z