UAE’s MGX poised to take 15% stake in TikTok US
- 27 de set. de 2025
- 2 min de leitura
State-backed Emirati tech investor MGX is reportedly preparing to take a 15 percent stake in TikTok’s US operations, as part of a deal brokered by the White House.
TikTok US valued at $14bn
Bytedance retains 19.9%
Beijing approval unclear
MGX, chaired by UAE national security adviser Sheikh Tahnoon bin Zayed Al Nahyan, will join Oracle Corp. and Silver Lake as co-investors. Each will take an equal stake in the restructured business, according to Bloomberg. The deal would value TikTok’s US unit at $14 billion.
The agreement follows an executive order signed by US president Donald Trump giving the companies 120 days to finalise terms. Under the proposed structure, TikTok’s Chinese parent Bytedance will retain a 19.9 percent stake.
Whether Beijing will approve the arrangement remains unclear. China has yet to issue an official statement.
Trump said on Thursday he had a “good talk” with President Xi Jinping, adding that the Chinese leader had “given us the go-ahead”.
At a signing ceremony at the White House, Trump said the US version of the app would be run by “highly sophisticated” investors.
MGX was contacted for comment.
TikTok said it had more than 170 million active American users as of January, its biggest market out of a global audience of 1.6 billion, estimated by analysts DataReportal. It is the world’s fifth most-used social media platform, according to data platform Statista.
However, last year the future of the company’s operations in the US was plunged into doubt over national security fears that users’ data may be shared with the Chinese government. That led to plans for the app to be sold or closed down under a law signed by former president Joe Biden.
One of MGX’s two founding companies, Abu Dhabi-based AI developer G42, bought a $100 million stake in Bytedance in March 2023, but divested it due to UAE efforts to access US semiconductors, according to news reports.
Privately-held Bytedance, which owns TikTok Chinese version Douyin and is the world’s largest social media platform by revenue, set its valuation at $330 billion for an employee share buyback in late August.
Earlier this month it was announced that MGX had joined a Silver Lake-led group in buying a 51 percent stake in US chipmaker Altera.
By Gavin Gibbon
September 26, 2025, 4:23 PM
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