Markets·October 21, 2026 at 10:41 AM EDT·2 sources
Elon Musk & Larry Ellison Will Join Forces To Boost Both Starlink And Skydance, John Malone Predicts
SKYD -0.3%
SKYD · last 30 trading days+9.4% since the news
News
What happened
- John Malone predicted Elon Musk could invest up to $10 billion in Skydance to help the media company pay down debt.
- The potential investment could also give SpaceX satellite subsidiary Starlink a foothold in entertainment, according to Malone’s prediction.
- Variety said it was unclear whether Malone was speculating or had inside information about possible financial activity involving the companies.
Potential investment
up to $10 billion
Prediction date
Wednesday, 2026-10-21
Why it matters
A potential investment would link satellite connectivity with entertainment and could affect Skydance’s debt position and strategic options. However, the reports describe a prediction, not an announced transaction.
What to watch. Whether Skydance, SpaceX, Starlink or Elon Musk confirms any investment or partnership.
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Timeline
- First reported by DeadlineOct 21Elon Musk & Larry Ellison Will Join Forces To Boost Both Starlink And Skydance, John Malone Predicts
- Variety reportsOct 21Will Elon Musk Help the Ellisons Pay Down Skydance’s Massive Debt? John Malone Predicts Tech Mogul’s SpaceX Could Invest up to $10 Billion Into Media Company
Who is involved
Elon Musk & Larry Ellison Will Join Forces To Boost Both Star…SkydanceSKYDSpaceXStarlinkElon MuskLarry EllisonJohn Malone
CompanyPerson
Sources (2)
Related
- Yesterday · Leaked memo reveals Skydance's new advertising leadership after the Paramount-WBD merger
- Oct 23 · Paramount+ Head Of Originals Jane Wiseman Leaving As Streamer & HBO Max Combine Operations Post-Merger Under Casey Bloys
- Oct 22 · These are the tech and product leaders who survived the Paramount-WBD merger — and the ones who are out
- Oct 22 · Elon Musk makes $1 billion investment in Ellison’s Skydance
- Oct 22 · Skydance Nordics & Germany Boss Says “We’re Doing Our Best To Manage The Change” After Mega-Merger
- Oct 21 · John Malone Floats Potential Deal Between Skydance and SpaceX
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