Business

Elon Musk reportedly invests $1bn in David Ellison’s Skydance

The Guardian Business·Oct 22, 2026 · 4:23 PM CT
Read the original at The Guardian Business
Readthrough summary

Elon Musk has reportedly invested about $1 billion in Skydance, the media company led by David Ellison that was formed after Paramount's $111 billion merger with Warner Bros Discovery, Semafor first reported. Existing investors, including board member Laurene Powell Jobs, are also putting in fresh equity.

Summary written by Readthrough from the original article. The full story, with photos and any updates, is at The Guardian Business.

Read the original at The Guardian Business

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