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NOTABLEChinese Media2026-10-22 08:37

Media mogul predicts SpaceX may invest up to $10B in Paramount Skydance

Media mogul John Malone said SpaceX may invest $8–10 billion in Paramount Skydance, a deal he argues would ease the studio's balance-sheet pressure while giving SpaceX a foothold in content distribution. He pointed to the long financial ties between Elon Musk and Larry Ellison, who helped fund the 2022 Twitter takeover and later backed Skydance with Tesla stock. If it happens, it would be one of the largest crossovers yet between a space-adjacent tech giant and Hollywood.

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