
New York / Beijing
ЁЯТ░ Oracle-Led TikTok Deal: $40B Valuation & 80% US Stake
1. Ownership Structure
-
Oracle, Silver Lake, Andreessen Horowitz to lead new US-based TikTok entity.
-
US investors hold ~80% stake.
-
ByteDanceтАЩs ownership to drop below 20% (as per 2024 US law).
2. TikTok US Valuation
-
Valued at $35тАУ40 billion.
-
Stake division undisclosed.
-
Oracle to take a smaller share, while other investors hold majority.
3. OracleтАЩs Role тАУ Project Texas
-
Oracle to host user data at Texas facilities.
-
Provides cloud infrastructure & security.
-
Board to have mainly Americans + 1 US govt representative.
4. Larry EllisonтАЩs Net Worth Surge
-
Net worth: $366.6B (Forbes).
-
Crossed $400B earlier this month after AI gains.
-
2nd richest globally, just behind Elon Musk ($476.7B).
5. Deal Timeline
-
Trump: тАЬWeтАЩve got a deal on TikTok.тАЭ
-
Deadline: Dec 16, 2024.
-
Deal closure expected in 30тАУ45 days.
-
Talks earlier stalled over trade tensions.
6. Political & Security Angle
-
Deal part of US-China trade negotiations.
-
TikTok ban passed April 2024 over national security risks.
-
App was briefly shut down Jan 2024.
7. ByteDanceтАЩs Licensing Model
-
ByteDance to license TikTok algorithms to US entity.
-
Ensures continuity of popular recommendation engine.
8. Market Impact in US
-
TikTok to stay active for millions of US users.
-
Chinese control reduced, American oversight increased.
тЪая╕П Disclaimer (For The Profit India)
This article is based on reports from Los Angeles Times, Wall Street Journal, Forbes, and CNBC. Financial data, valuations, and timelines are subject to change as negotiations continue. The Profit India does not provide financial or investment advice. Readers should verify details independently before making business or investment decisions.