Trump Administration Set to Receive $10 Billion Fee for Brokering TikTok Deal
Source: The Wall Street Journal.
exclusive Technology
Trump Administration Set to Receive $10 Billion Fee for Brokering TikTok Deal
Investors in social-media platform's U.S. business, including Oracle and Silver Lake, agreed to give the government several multibillion-dollar payments, sources say
By Miriam Gottfried and Amrith Ramkumar
March 13, 2026 6:00 pm ET
The Trump administration is set to receive a roughly $10 billion fee from investors in the recently completed deal (1) to take control of TikTok's U.S. business, delivering it a windfall for keeping the popular social-media app alive in America.
The payment is part of the agreement through which investors friendly with the administration gained control of TikTok's U.S. operations from Chinese parent ByteDance, people familiar with the matter said. It comes in addition to the investments made to create a new entity to run the app in the U.S.
{paywall}
(1) https://www.wsj.com/tech/tiktok-finalizes-deal-to-keep-operating-in-the-u-s-dd2c161a
Read more: https://www.wsj.com/tech/tiktok-deal-fee-trump-administration-5aa31c9f
https://www.wsj.com/news/author/miriam-gottfried
https://www.wsj.com/news/author/amrith-ramkumar
@wsj.com
Breaking: The Trump administration will receive a $10 billion fee for brokering the deal that kept TikTok alive in the U.S. on.wsj.com/3NdA4mh
Exclusive Trump Administration Set to Receive $10 Billion Fee for Brokering TikTok Deal
Investors in the social-media platform's U.S. business agreed to give the government several multibillion-dollar payments, sources say.
on.wsj.com
6:02 PM · Mar 13, 2026
Breaking: The Trump administration will receive a billion fee for brokering the deal that kept TikTok alive in the U.S. on.wsj.com/3NdA4mh
— The Wall Street Journal (@wsj.com) 2026-03-13T22:02:00.452671Z
I got the story from Joe.My.God.
https://www.joemygod.com/2026/03/wsj-trump-admin-to-get-10b-fee-for-tiktok-deal/
vanessa_ca
(883 posts)"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.".
Frédéric Bastiat
SunSeeker
(58,206 posts)Like everything else in the Trump administration.
iemanja
(57,741 posts)RazorbackExpat
(932 posts)Drums keep pounding a rhythm to wage war
La-di-da-di-di
La-di-da-di-da
Democracy was once the rage, uh-huh
History has turned a page, uh-huh
Grifting allies is the current thing, uh-huh
The diaper man's our newborn king, uh-huh
La-di-da-di-di
La-di-da-di-da
Fla Dem
(27,575 posts)The article should say, the US Gov't is set to receive a $10 billion fee. The money should not go into peoples' pockets. Shouldn't that amount go directly to the US Gov't and be used for government expenses. Is trump going to pocket that money? Isn't that the administrations job to broker deals with companies and governments? I wasn't aware that any monetary gains would be pocketed by individuals.