EconomyMusk invests about $1 billion in Skydance
US entrepreneur Elon Musk invested about $1 billion in media company Skydance, Semafor reported, citing sources. Skydance also invested funds from other shareholders into its equity at the same time. The company needed additional investment to cut costs and strengthen its share price, the report said.
People in this report Elon Musk
Musk invests about $1 billion in Skydance