BUSINESSMint Companies ยท 19 hours agoLive
Musk invests $1 bn in David Ellison's Skydance; here's how his father, Oracle co-founder Larry Ellison, figures in deal
Reported by Mint Companies, not nibnow. We are not the publisher of this story, only the source is.
No additional analysis available for this story yet.
WHAT HAPPENED
Elon Musk has reportedly invested about $1 billion in Skydance, which recently acquired Warner Bros. Discovery for $110 billion. The investment comes as the company faces nearly $87 billion in debt and plans $6 billion in cost cuts. Skydance shares fell after initially rising on the report.
Text size
READ IN YOUR LENS
UPSCMarketsFounder