Musk invests $1 billion in Ellison's Skydance

Elon Musk has invested about $1 billion in Skydance, giving the company a badly needed cash injection as it seeks to cut costs and lift its share price. The deal closed at roughly the same time as equity investments by Skydance's other investors, including board member Laurene Powell Jobs. Earlier reports in September said Paramount was considering seeking equity capital from Musk. This matters because it deepens the Musk-Ellison financial alliance as Paramount's ownership reshapes Hollywood's power map.

• 36氪 AI2026-10-23 00:33