TikTok is now owned by a consortium of American and international investors following an executive order by President Donald Trump in 2025. The major investors in TikTok's U.S. operations include Oracle, Silver Lake, and MGX (an AI investment firm linked to the UAE), who collectively hold a majority stake of around 45%. ByteDance, the original Chinese parent company, retains less than 20% ownership to comply with U.S. law, with the remaining shares held by other investors including existing ByteDance investors like KKR, Sequoia, and Susquehanna. This restructuring makes TikTok effectively American-operated, with Oracle also managing the app's security measures and the board mostly composed of American members.