Elon Musk has reportedly invested about $1 billion in Skydance, which recently acquired Warner Bros. Discovery for $110 billion. The investment comes as the company faces nearly $87 billion in debt and plans $6 billion in cost cuts. Skydance shares fell after initially rising on the report.
Elon Musk has reportedly invested about $1 billion in Skydance, which recently acquired Warner Bros. Discovery for $110 billion. The investment comes as the company faces nearly $87 billion in debt and plans $6 billion in cost cuts. Skydance shares fell after initially rising on the report. by Soban News (international And National News)