TikTok has finalised its US spinoff, with MGX from Abu Dhabi acquiring a 15% stake, marking a key move in TikTok US restructuring.
WASHINGTON, D.C.: TikTok has officially completed its long-anticipated US spinoff, forming a new American entity following approvals from both the US and Chinese governments. The move marks a major shift in the global tech landscape, with Abu Dhabi’s MGX emerging as a key investor in the newly restructured company.
The new US entity, TikTok US, will be led by CEO Adam Presser and Chief of Security Will Farrell, operating under strict American oversight. This includes full transparency around algorithms and user data to address national security concerns that have surrounded the platform in recent years.
The company’s ownership now includes three equal stakeholders, each holding 15 percent: Oracle, Silver Lake, and MGX, a tech investment vehicle based in Abu Dhabi. The remaining equity is divided among existing global investors and ByteDance, which retains a passive stake.
The inclusion of MGX is especially notable, reflecting Abu Dhabi’s increasing influence in global technology ventures. Backed by Mubadala and G42, MGX is also an investor in OpenAI and a principal backer of the $100 billion Stargate AI initiative, which aims to create one of the world’s most advanced AI computing infrastructures.
This latest investment in TikTok US restructuring deepens Abu Dhabi’s position in the international tech ecosystem, strategically linking the emirate to major platforms shaping the future of digital media, artificial intelligence and cybersecurity.
Industry analysts see this restructuring as a turning point that could set a precedent for future geopolitical tech splits, with sovereign investors like MGX playing a central role. The deal reinforces the UAE’s broader ambitions of becoming a global leader in technology investment and innovation.
