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Murdochs and Michael Dell part of TikTok buyer group, says Trump

Financial Times•Sunday, September 21, 2025 at 7:02:41 PM
PositiveFinancial Markets
Murdochs and Michael Dell part of TikTok buyer group, says Trump
In a significant development, President Trump announced that media moguls Rupert and Lachlan Murdoch, along with tech entrepreneur Michael Dell and Oracle's Larry Ellison, are part of a group looking to acquire shares of TikTok from its Chinese parent company, ByteDance. This move is crucial as it reflects a growing interest from prominent figures in the tech and media sectors to invest in TikTok, especially amid ongoing discussions about its future in the U.S. market. The involvement of such influential personalities could potentially reshape the platform's operations and governance.
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