Elon Musk has invested about $1 billion in Skydance, Semafor reports
The investment came alongside other equity injections, people familiar said. Neither side has confirmed it publicly.
Leaked on 22 October 2026
Elon Musk has invested roughly $1 billion in Skydance, according to people familiar with the matter, Semafor reported on October 22. @DiscussingFilm shared the report on X.
Semafor says the deal came together at about the same time as equity investments from Skydance's other investors, including board member Laurene Powell Jobs, as the company looks to cut costs and support its stock price. Semafor had reported in September that Paramount was considering an equity injection from Musk.
Neither Musk nor Skydance has confirmed the investment publicly.