Elon Musk reportedly invests $1B in Skydance

FundingReported

Elon Musk has reportedly invested about $1 billion in Skydance, according to Semafor, with CNBC citing a source. Neither party has confirmed it publicly. Skydance is the company formed when Paramount Skydance bought Warner Bros. Discovery, a deal that closed October 6, 2026. Reported October 22, 2026.

Last updated Nov 8, 2026 by the ATDb Editorial Team · Connections updated Nov 9, 2026

Acquirer

Target

Value

$1B

Announced

Oct 22, 2026

Overview

Elon Musk has reportedly invested about $1 billion in Skydance, according to Semafor, with CNBC citing a source. Neither party has confirmed it publicly. Skydance is the company formed when Paramount Skydance bought Warner Bros. Discovery, a deal that closed October 6, 2026. Reported October 22, 2026.

Deal details

Acquirer: Elon Musk
Target: Skydance
Deal Value: $1B
Market Segment: CTV, FAST streaming, ad-supported video, programmatic advertising

Investors

Elon Musk

Source

https://www.advanced-television.com/2026/10/23/musk-puts-1bn-into-skydance/

Connection details