World News
Larry and David Ellison got $1 billion from Elon Musk for their Warner Bros. takeover.
Semafor reports that, along with other investors like board member Laurene Powell Jobs, “Elon Musk has invested roughly $1 billion in Skydance, according to people familiar with the matter, providing a much needed financial injection as the company looks to cut costs and bolster its stock price. Sound familiar? [Link: Exclusive: Elon Musk makes $1 billion investment in Ellison’s Skydance | https://www.semafor.com/article/10/22/2026/elon-musk-makes-1-billion-investment-in-ellisons-skydance | Semafor]
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