“Trump approves TikTok deal through executive order, Vance says business valued at $14 billion”
October 8, 2025
“President Donald Trump on Thursday signed an executive order approving a proposed deal that would keep TikTok alive in the U.S.
Under the deal’s terms, which China must still approve, a new joint-venture company will oversee TikTok’s U.S. business while ByteDance holds less than 20% of the stock.
Vice President JD Vance said the transaction values the business at $14 billion, but no purchase price was provided….”
https://www.cnbc.com/2025/09/25/trump-approves-tiktok-deal-through-executive-order.html