Deals·October 22, 2026 at 12:20 PM EDT·5 sources
Elon Musk makes $1 billion investment in Ellison’s Skydance
SKYD -0.3%
SKYD · last 30 trading days-1.3% since the news
News
raise, log scale$1.0B
$100M$1B$10B$100B
What happened
- Elon Musk has invested roughly $1 billion in Skydance, according to people familiar with the matter.
- Skydance has also received equity investments from multiple sources, including Middle East sovereign wealth funds.
- In 2022, Larry Ellison invested $1 billion in Musk’s deal to take X private.
Musk investment in Skydance
roughly $1B
Larry Ellison investment in Musk’s X deal in 2022
$1B
Why it matters
The investment adds a major strategic and financial backer to Skydance and links Musk and the Ellison family through significant prior capital commitments. It is relevant to technology, media and private-capital professionals tracking Skydance’s funding sources.
Deal terms
raise
Elon Musk → Skydance
Value
$1.0B
Investors
Elon Musk
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Timeline
- EarlierOct 21Elon Musk & Larry Ellison Will Join Forces To Boost Both Starlink And Skydance, John Malone Predicts
- EarlierOct 22Skydance Nordics & Germany Boss Says “We’re Doing Our Best To Manage The Change” After Mega-Merger
- First reported by TechmemeOct 22Sources: Elon Musk has invested roughly $1B in Skydance; in 2022, David Ellison's father, Larry Ellison, invested $1B in Musk's deal to take X private (Rohan Goswami/Semafor)
- Semafor reportsOct 22Elon Musk makes $1 billion investment in Ellison’s Skydance
- CNBC reportsOct 22Elon Musk reportedly invests about $1 billion in Skydance
- TechCrunch reportsOct 22Elon Musk made a $1 billion investment in Skydance, report says
- Deadline reportsOct 22Elon Musk Steps In With $1 Billion Equity Investment For Debt-Laden Skydance — Report
Who is involved
investing inElon Musk makes $1 billion investment in Ellison’s SkydanceSkydanceSKYD · targetElon MuskbuyerXDavid EllisonLarry Ellison
CompanyInvestorPersonThe deal
Sources (5)
- TechmemeOct 22Sources: Elon Musk has invested roughly $1B in Skydance; in 2022, David Ellison's father, Larry Ellison, invested $1B in Musk's deal to take X private (Rohan Goswami/Semafor)
- SemaforOct 22Elon Musk makes $1 billion investment in Ellison’s Skydance
- CNBCOct 22Elon Musk reportedly invests about $1 billion in Skydance
- TechCrunchOct 22Elon Musk made a $1 billion investment in Skydance, report says
- DeadlineOct 22Elon Musk Steps In With $1 Billion Equity Investment For Debt-Laden Skydance — Report
Related
- 2h · ‘Clayface’ Beams $43M WW Opening, Delivers Paramount-Warner Bros. Second No. 1 Weekend Win Since Merger – Global Box Office
- 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 · Skydance Nordics & Germany Boss Says “We’re Doing Our Best To Manage The Change” After Mega-Merger
- Oct 21 · Elon Musk & Larry Ellison Will Join Forces To Boost Both Starlink And Skydance, John Malone Predicts
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