Report
Elon Musk reportedly invests roughly $1 billion in Skydance
TheWrap sees potential financial benefits but questions editorial independence at CNN and CBS News after Semafor’s report.
TLDR
Semafor reports that Elon Musk invested roughly $1 billion in Skydance as the company looks to cut costs. TheWrap sees a possible financial benefit but questions what the investment could mean for its news outlets; it says there is no indication Musk has programming authority. Puck reports differing concerns among Warner Bros. insiders, while an HBO source told Puck that a documentary about Musk remains planned for early 2027.
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