Trump: Murdoch Family, Ellison, Dell to Invest in TikTok Deal

Proposed TikTok Deal Investors

• 🎯 Lachlan Murdoch, CEO of Fox Corp, is reportedly involved in a deal to keep TikTok operating in the US, according to President Donald Trump.
• 💡 Other proposed investors named by Trump include business leaders Larry Ellison and Michael Dell.
• 🇺🇸 Trump described these individuals as "American patriots" who he believes will do a "really good job."

Context of the Deal

• 🇨🇳 This development is part of ongoing efforts to transfer TikTok's US assets away from China's ByteDance.
• 📈 The social media app has 170 million US users and significantly influences public discourse.
• 🤝 Trump has linked negotiations over TikTok to broader economic discussions with China, with President Xi Jinping reportedly approving the deal.

Deal Structure and Potential Conflicts

• 🔒 Reuters reported that US investors would hold a majority stake in TikTok's US assets, with a board possessing national security and cybersecurity credentials.
• 📰 Sources suggest any investment would come through Fox Corp, led by Lachlan Murdoch, who recently secured long-term control of his family's media empire.
• ⚠️ Despite their conservative views, the Murdoch family has previously clashed with Trump, including a defamation lawsuit following a report linking Trump to Jeffrey Epstein.
• 🗣️ Trump expressed a personal positive view of TikTok, noting his success with young voters on the platform.