Trump Administration Nears Decision on TikTok’s U.S. Future with Potential Investments from Blackstone and Oracle

The administration is in the process of finalizing plans for potential investors in TikTok, with notable companies such as Blackstone and Oracle among the prospective participants. The list of potential investors is expected to include prominent private equity firms, venture capital firms, and major players in the technology industry. This development comes as the deadline approaches for a decision on the future of TikTok’s operations in the United States.

A meeting is scheduled to take place in the Oval Office, involving key administration officials to discuss the deal. Participants in this meeting will include Vice President JD Vance, Commerce Secretary Howard Lutnick, National Security Adviser Mike Waltz, and Director of National Intelligence Tulsi Gabbard. President Donald Trump is set to meet with Vice President Vance and other advisers on Wednesday to deliberate on an offer for TikTok, according to sources familiar with the plans.

The uncertainty surrounding TikTok’s future in the U.S. began last year when then-President Joe Biden enacted bipartisan legislation requiring the app’s Chinese-based owner, ByteDance, to divest its U.S. operations. This legislative move was driven by concerns over national security and data privacy. The upcoming meeting is expected to address these concerns and evaluate the final proposal for TikTok’s continued operation in the country.

Despite the significance of the discussions, White House spokespeople have not provided additional details regarding the meeting or the potential investors involved. The situation remains closely watched as the administration seeks to balance national security interests with the economic implications of TikTok’s presence in the U.S. market.