The Trump administration is set to receive a total of $10 billion in the TikTok US deal, with new investors paying fees until the total reaches that amount. The deal involved Oracle, Silver Lake, and MGX investment firms acquiring stakes in the US-based TikTok entity. Previously, the administration invested $8.9 billion in Intel and received a nearly 9 percent equity stake. Additionally, they received a Boeing 747-8 as a gift from the Qatari government in May. The administration has been involved in major deals with US corporations in the past.
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