Oracle Shares Spike After Being Named in TikTok Acquisition Consortium
Oracle shares surged after the company was named as the lead in a consortium set to acquire a controlling stake in TikTok's U.S. operations, following a deadline extension from President Trump.
Shares of Oracle soared on September 17, 2025, after the company was officially named as the lead in a consortium to acquire a majority stake in TikTok's U.S. operations. The announcement came as President Trump granted a fourth extension to the deadline for TikTok to divest its American assets, now set for December 16, 2025.
Oracle Takes the Lead in TikTok Deal
According to Data Center Dynamics, Oracle is heading a U.S.-based consortium that includes private equity firm Silver Lake. The group is poised to acquire an 80% controlling interest in TikTok's U.S. business, a move that is seen as a significant step toward resolving ongoing national security concerns raised by the U.S. government over the Chinese-owned social media platform. The deal, which has been in negotiations for months, appears to be nearing completion as the new deadline approaches.
Market Reaction and Political Context
The news of Oracle's leadership in the acquisition consortium sent its stock price sharply higher in Wednesday trading. Investors responded positively to the prospect of Oracle gaining a major foothold in the social media sector, which could diversify its business beyond cloud computing and enterprise software. The acquisition comes amid heightened scrutiny of Chinese technology firms operating in the U.S., with the Trump administration repeatedly citing data privacy and security risks as justification for forcing a sale.
Next Steps and Industry Impact
The Oracle-Silver Lake consortium's bid still requires final approval from U.S. regulators and the Committee on Foreign Investment in the United States (CFIUS). If completed, the deal would mark one of the largest technology transactions of the year and could set a precedent for future cross-border tech acquisitions. Industry analysts note that Oracle's involvement could help reassure U.S. officials about the security of American user data, potentially paving the way for TikTok's continued operation in the country.