Elon Musk Invests $1 Billion in Skydance

The investment comes a day after John Malone predicted a much larger SpaceX deal with David Ellison’s media giant

By: A.J. Katz

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Tesla and SpaceX CEO Elon Musk attends the Golden Age of American Innovation Summit at the Institute of Peace on Oct. 8, 2026 in Washington, DC. (Credit: Win McNamee/Getty Images)

Elon Musk has invested roughly $1 billion in Skydance, a day after media mogul John Malone predicted that SpaceX could strike a multibillion-dollar deal with David Ellison’s media empire.

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