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Musk Has Invested $1 Billion in Skydance, Semafor Reports

Source: Bloomberg

Media & EntertainmentPrivate Markets & Venture

Elon Musk has invested about $1 billion in newly formed Skydance Corp., according to Semafor, providing a financial injection to the media and entertainment company led by David Ellison. The article gives no further deal terms or market reaction.

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