Trump administration pockets a $10B fee from the TikTok deal

Sources cited by The Verge indicate the Trump administration is set to collect about $10 billion in a transaction fee from TikTok’s sale, to be paid by new investors including Oracle and Silver Lake, with roughly $2.5 billion already paid to the Treasury at close and the rest in installments; if accurate, the fee would represent over 70% of the deal’s value, illustrating ongoing government involvement in private business.