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Elon Musk Reportedly Puts $1 Billion Behind Skydance’s TV Empire

Elon Musk reportedly invested about $1 billion in David Ellison’s Skydance, a media company whose reach now spans BET, CBS, HBO and CNN. The money would tie the X owner’s fortunes more closely to television, Semafor reported on October 22, citing people familiar with the matter. It said the deal came together around the time other investors put in equity.

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