According to sources close to the matter, Elon Musk invested about $1 billion in Skydance while the company is seeking to cut costs. Paramount completed its acquisition of Warner Bros. Discovery (WBD) on October 6 and named the combined entity Skydance, placing David Ellison at the center of the group. Skydance expects to save $6 billion in costs over three years while carrying about $87 billion in debt. Semafor reports the investment is part of a broader equity fundraising effort, and Skydance shares fell about 1% in the October 22 session. Larry Ellison, David's father, invested $1 billion in Musk's 2022 Twitter acquisition and invested in Tesla in 2018.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Elon Musk rót 1 tỷ USD vào đế chế Hollywood của nhà Ellison
Read the original on Vietstock ↗
Keywords
Elon MuskSkydancemergers and acquisitionsmedia
Open a keyword to see other news on the same topic.
Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/22/2026 | 374.67 |
| Change that session | -3.05% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Elon Musk reportedly invests about $1 billion in Skydance
Elon Musk has reportedly invested about $1 billion in Skydance, according to Semafor, as the company looks to cut costs. Paramount closed its acquisition of Warner Bros. Discovery on Oct. 6 and named the combined entity Skydance. Co-CEOs David Ellison and Ynon Kreiz must merge two film studios, two streaming platforms and many corporate functions. Skydance expects $6 billion in cost savings over three years but faces nearly $80 billion in debt, and its shares fell about 1% after the report. Larry Ellison, David's father, previously invested $1 billion in Musk's 2022 deal to buy Twitter.
- Elon Musk invests $1bn in CNN-owner Skydance
- Skydance Rises 5% as Steep Post-Merger Slide Pauses; Disney Gains 2%, Netflix Slips
Skydance shares rose 5% to $7.15 as the steep slide since its Warner Bros. Discovery acquisition closed on October 6 paused, while Disney gained 2% to $111.41 and Netflix slipped 0.62% to $69.42. The Communication Services Select Sector SPDR ETF was up just 0.1% and the SPDR S&P 500 ETF Trust rose 0.4%, so the Skydance move looks company-specific. The article notes Skydance now houses Paramount+, Pluto TV, Paramount Pictures, the CBS network and the Warner Bros. Discovery studios, making integration of film, TV and streaming operations the next key test. A single up day, however, leaves most of the post-merger decline in place.
- Laurene Powell Jobs’ $250 Million Skydance Stock Buy Is Already Underwater
- Elon Musk’s $1B Skydance investment: Why the timing matters
A Market Hang panel discusses a reported $1 billion investment by Elon Musk in Skydance (SKYD) and why it came now rather than in the original deal. The hosts note that financing for Paramount's acquisition of Warner Bros. came mainly from Larry Ellison, Redbird Capital and Middle East sovereign wealth funds, and that the company had about $80 billion of debt, so the investment would make only a small dent. Speculation covers a possible link to offering content on X or to Starlink users, a personal relationship with Ellison, or simply a good deal.
- Elon Musk reportedly invests $1B in Skydance as debt mounts
Elon Musk is reportedly investing about $1 billion in Skydance, the studio led by David Ellison, according to unnamed sources cited by Semafor and CNBC. The newly combined company, formed by the merger of Paramount and Warner Bros. Discovery this month, faces nearly $87 billion in debt. Earlier this month, Laurene Powell Jobs invested $250 million in Skydance. According to Variety, the company's market value fell last week to roughly half the combined value of the two companies before the merger. The reports gave no further details on the deal's terms or structure.
Related markets
Latest news
- Trump's executive order targets mortgage insurance, refinance costs. What it means for borrowers
President Donald Trump signed an executive order, “Decreasing Housing Costs for the American People,” to lower mortgage costs as rising interest rates and inflation weigh on homeownership. It directs federal agencies to proactively cancel mortgage insurance on eligible future loans once home equity reaches a set threshold, and to make a refinancing cost-reduction program permanent. Freddie Mac data show 30-year fixed-rate mortgages at 7.32% as of Oct. 23, while refinance demand was down 59% in mid-October from a year earlier. Keith Gumbinger of HSH said it is difficult to gauge the consumer impact without more details, and that the refinancing change is not necessarily a game-changer given that home prices and mortgage rates dictate costs. The order comes less than two weeks before the Nov. 3 midterm elections.
- CoreWeave Heads for Third Weekly Loss, Weighing on Stocks and Bitcoin Over AI Financing Fears
Bitcoin traded near $81,400 on Friday, little changed on the day after a 3.2% drop Thursday as weakness in equities over concerns about AI infrastructure financing weighed on the market. CoreWeave (CRWV) plunged 10% Thursday to a 52-week low of $53.50, is down roughly 37% in October and is heading for a third straight weekly loss; Bernstein cut its price target to $51 from $74 and Morgan Stanley to $70 from $99. The Nasdaq Composite fell 2.6% Thursday to 26,009, its worst day since June, while Nvidia CEO Jensen Huang said a “scarcity of capital” is hampering neocloud buildouts. U.S. spot bitcoin ETFs recorded net outflows of $635 million Thursday, the largest one-day withdrawal since late June. Crypto liquidations totaled $336 million over 24 hours, including $281 million in long positions.
- Why Comfort Systems Plunged Today
Comfort Systems (FIX) fell as much as 13.2% on Friday before trimming its decline to 8.9% by 3:10 p.m. EDT, despite beating revenue and earnings estimates for the quarter. Revenue rose 53.7% and EPS grew 68.6% to $13.91, while backlog climbed to $17.8 billion from $14.1 billion three months earlier. The article attributes the sell-off mainly to the announced year-end retirement of Bill George, a founder and longtime CFO, along with a "sell the news" reaction seen across AI-linked stocks this earnings season. Shares are about 38% below their June all-time high and trade at 19.4 times average 2027 analyst earnings estimates.
- Intel Stock Has Moved an Average of 16% the Day After Its Last 3 Reports. Should You Buy Before the Next One?
Intel reports third-quarter results after the close on Oct. 29, and its stock has moved an average of about 16% in the session after its last three reports: down 17% after January, up 24% after April, and down 8% after July. The company beat its own forecasts each time, yet shares fell twice because management's outlook for the coming months carried more weight. The third-quarter revenue midpoint of $16.3 billion is only about 1% above the second quarter, a sharp slowdown, so the fourth-quarter forecast is seen as the key number to watch. At around 44 times expected 2027 earnings, the author argues the share price already reflects a return to growth, and says he would not buy the stock before the report.
- SpaceX Filing Gives Elon Musk the Final Word on Tesla Merger He Says He’s Staying Out Of
SpaceX stated in an SEC filing that any merger with Tesla must be approved by its controlling shareholder, Elon Musk, who holds roughly 85% of voting power. Musk recused himself from both special committees but publicly endorsed the deal, which Reuters reported created a "mess" for the independent process. Both companies formed special committees on October 20 to evaluate a proposed deal that analysts estimate could create a combined entity worth around $3.5 trillion. REX Financial estimates Musk would hold roughly 57% of combined voting power. Tesla shareholders must clear a 50%-of-all-outstanding-shares threshold, with a vote expected at or near the December 3 annual meeting.
- SpaceX Filing Gives Elon Musk the Final Word on Tesla Merger He Says He’s Staying Out Of
SpaceX stated in an SEC filing that any merger with Tesla must be approved by its controlling shareholder, Elon Musk, who holds roughly 85% of voting power. Musk recused himself from both special committees but publicly endorsed the deal, which Reuters reported created a "mess" for the independent process. Both companies formed special committees on October 20 to evaluate a proposed deal that analysts estimate could create a combined entity worth around $3.5 trillion. REX Financial estimates Musk would hold roughly 57% of combined voting power. Tesla shareholders must clear a 50%-of-all-outstanding-shares threshold, with a vote expected at or near the December 3 annual meeting.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.