Elon Musk reportedly invests about $1 billion in Skydance after Paramount's $110 billion Warner Bros. Discovery acquisition
Elon Musk has reportedly invested about $1 billion in the newly formed media company Skydance, according to Semafor, as relayed by TechCrunch. The report comes a few weeks after Paramount completed its $110 billion acquisition of Warner Bros. Discovery. Co-CEOs David Ellison and Ynon Kreiz are merging Paramount+ and HBO Max and a portfoli…