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Elon Musk Takes $1 Billion Stake in Skydance Following Paramount & Warner Bros. Discovery Merger
By mrmoviez
Elon Musk has officially expanded his massive financial footprint into the heart of the modern entertainment industry by injecting approximately one billion dollars into Skydance, according to Semafor. The media company, currently overseen by David Ellison, has been aggressively seeking capital to stabilize its financial footing, reduce operational costs, and encourage a higher stock price…
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