Elon Musk reportedly invested $1 billion in Skydance, a day after John Malone predicted an $8 billion to $10 billion SpaceX deal.
Elon Musk has made a roughly $1 billion investment in Skydance , CNBC reported on Thursday, citing a person familiar with the matter.
Skydance acquired Warner Bros. Discovery Inc., the parent of CNN, HBO and other media businesses, in a $110-billion deal that was completed earlier this month.
Elon Musk, the chief executive of Tesla, appears at a U.S. Air Force event in Colorado Springs, Colorado on April 7, 2022. (Photo by Trevor Cokley, U.S. Air Force, Graphic by The Desk) Billionaire...
The investment will provide a much-needed financial boost as the company seeks to cut costs and lift its stock price.
Elon Musk has officially expanded his massive financial footprint into the heart of the modern entertainment industry by injecting approximately one billion dollars into Skydance, according to...
John Malone predicts SpaceX could strike a multibillion-dollar investment and distribution deal with Skydance, citing Elon Musk and Larry Ellison's ties
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