Musk May Invest Up to $10 Billion in Skydance

SpaceX could pour as much as ten billion dollars into Skydance, slashing its $80 billion debt load. John Malone, the “Cable Cowboy,” made that prediction on Wednesday at the Paley Center’s International Council Summit in New York. He said Larry Ellison and Elon Musk are “very intertwined.” He also hinted at a global output deal for Skydance content on X. Malone floated an investment range of eight to ten billion dollars, enough to de‑lever the company. Skydance, born from the $111 billion Paramount‑Skydance and Warner Bros. Discovery merger, carries about $80 billion net debt. Larry Ellison holds the largest equity stake while the Ellisons and RedBird Capital own all voting shares. A Skydance spokesperson declined comment and Musk’s team did not respond. Malone