That might have given the Trump administration some extra incentive to get the TikTok US deal. According to a report by wall street journalThe Trump administration is expected to receive a total of $10 billion in the deal, which allowed TikTok to remain in the US. The new investors who acquired a stake in TikTok’s US unit had already paid a $2.5 billion fee to administration when the deal closed in January, but WSJThe latest report said that the group of investors will continue to make payments until the total amount reaches $10 billion.
That’s after a group of investors, which also includes Oracle along with Silver Lake and MGX investment firms, has acquired a stake in a US-based TikTok entity called TikTok USDS Joint Venture. WSJ It was previously reported that the administration would receive a “multibillion-dollar fee” for its work on the deal. To better understand the $10 billion tariff the Trump administration recently revealed, TikTok’s US unit was valued at $14 billion by Vice President JD Vance.
The Trump administration has previously been involved in large deals with other US corporations. Last year, the administration invested $8.9 billion in Intel and acquired about a 9 percent equity stake. In a case of unprecedented windfall, the Trump administration also received a Boeing 747-8 as a gift from the Qatari government in May.
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