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Larry and David Ellison got $1 billion from Elon Musk for their Warner Bros. takeover.

The Verge •
October 22, 2026 • 05:00 PM
• By Richard Lawler
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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]

Larry and David Ellison got $1 billion from Elon Musk for their Warner Bros. takeover.

Paramount Skydance is buying Warner Bros.

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.

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