Trader sentiment on Polymarket's "Who will acquire TikTok?" market hinges on the January 2026 finalization of a deal spinning off U.S. operations into the majority American-owned TikTok USDS Joint Venture LLC, resolving the 2024 divestiture law's ban threat after multiple Trump administration deadline extensions. Oracle, Silver Lake, and MGX each hold 15% stakes, securing U.S. user data in Oracle's cloud and ring-fencing the recommendation algorithm from ByteDance influence, which retains a minority 19.9% share. This consortium structure—rather than a single buyer—addresses national security concerns amid competitive pressures from Meta's Reels and YouTube Shorts. No fresh developments in the past 30 days; traders eye potential user migration to a new app version and platform stability metrics ahead of any CFIUS post-closing reviews.

May 8 2026

TikTok finalizes deal to form new American entity

TikTok completed the deal to spin off its U.S. operations into a new joint venture with American investors, including Oracle, Silver Lake, and MGX. This official announcement confirmed the formation of the new U.S. entity under defined safeguards, resolving the market uncertainty about TikTok's ownership and operation in the U.S.

May 8 2026

TikTok finalizes deal to keep operating in US

TikTok announced the completion of the deal to establish a U.S.-based version of the app under majority American control, ending a yearslong battle over access to the app in the U.S. The new joint venture includes Oracle, Silver Lake, and MGX as major investors, with ByteDance retaining a minority stake, confirming the official acquisition structure.

Jan 22 2026

TikTok signs deal to form new US unit with Oracle, Silver Lake, and MGX

TikTok signed binding agreements with major investors Oracle, Silver Lake, and MGX to create a new TikTok U.S. joint venture, ensuring continued operation in the U.S. This deal ended years of uncertainty and regulatory threats, including a potential ban, and was a critical step toward compliance with U.S. national security concerns.

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