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Elon Musk invests $1B in David Ellison's Skydance as media giant grapples with massive debt: report
Source: nypost.com
Media & EntertainmentPrivate Markets & VentureM&A & Restructuring
Semafor reported that Elon Musk invested roughly $1 billion in David Ellison’s Skydance. The investment came four years after Ellison’s billionaire father helped finance Musk’s takeover of the social media platform formerly known as Twitter; the article provides no further deal terms or market reaction.
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