TikTok's US arm has been sold, in a deal that one Senate Democrat says won't do 'a thing to protect the privacy of American users'

The ongoing saga over TikTok's US status seems to finally be drawing to a close, with a consortium of US investors alongside the Abu Dhabi state investment firm MGX set to take control.

The new owners will take over US operations of the video platform next month on Jan. 22, 2026, with the company running things named TikTok USDS Joint Venture LLC. The three "managing investors" are Oracle Corporation, Silver Lake, and MGX, which will collectively own 45% of the company, with 5% owned by unnamed new investors.