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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.

Elon MuskSkydanceinvestmentmedia companies

People in this report Elon Musk

TTASS★★☆☆☆2026-10-22 23:41Original

Musk invests about $1 billion in Skydance
Economy