SocialThe Next Webabout 1 hour ago
Elon Musk Invests $1bn in Skydance
2 min read
Cable billionaire John Malone predicted an investment announcement, which Semafor and CNBC subsequently reported. Elon Musk invested roughly $1bn in David Ellison's Skydance media group. The deal follows Paramount's October 6 takeover of Warner Bros. Discovery and aligns with Ellison's history of financing Musk's Twitter acquisition.
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