Friday, 6 November 2026

News n More

Business

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

Musk’s investment into the new media empire comes after Paramount’s $111bn merger with Warner Bros DiscoveryElon Musk has reportedly invested approximately $1bn in Skydance, the new media empire led by David Ellison.The deal comes alongside fresh equity infusions from existing investors, including board member Laurene Powell Jobs, Steve Jobs’s widow. Semafor first reported the news. Continue reading...

Musk’s investment into the new media empire comes after Paramount’s $111bn merger with Warner Bros DiscoveryElon Musk has reportedly invested approximately $1bn in Skydance, the new media empire led by David Ellison.The deal comes alongside fresh equity infusions from existing investors, including board member Laurene Powell Jobs, Steve Jobs’s widow. Semafor first reported the news. Continue reading…

Read the full story on Business | The Guardian

Source: Business | The Guardian

Join the conversation

Your email address will not be published. Required fields are marked *