Musk invests $1B in Skydance

Elon Musk has invested approximately $1 billion in Skydance Corp., a media and entertainment company led by David Ellison. The investment aligns with other recent funding from Skydance’s investors and comes shortly after the company’s acquisition of Warner Bros. Discovery assets. Musk’s involvement raises interest due to his influence in media and social platforms, with Skydance controlling major outlets like CNN and CBS.