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🟡 SCOOP: Elon Musk makes $1 billion investment in Ellison’s Skydance, providing a much-needed financial injection as the company looks to cut costs and bolster its stock price. www.semafor.com/article/10/2...

Semafor

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The deal came together at roughly the same time as equity investments from Skydance’s other investors, including board member Laurene Powell Jobs, according to people familiar with the matter. Read the full story from Rohan Goswami: www.semafor.com/article/10/2...

semafor.comExclusive: Elon Musk makes $1 billion investment in Ellison’s SkydanceSkydance has tapped equity investments from an array of sources, including Middle East sovereign wealth funds.

22/10/26, 4:17 pm7 reposts22 likes

Semafor

@semafor.com

Semafor reported in September that Paramount was considering seeking an equity injection from Musk. Read the story from September: www.semafor.com/article/09/2...

semafor.comExclusive: Paramount weighs tapping Musk for equity investmentA cash injection from SpaceX billionaire Elon Musk could reduce investor Larry Ellison’s financial burden and bolster the deal’s investor base.