Elon Musk reportedly invests about $1 billion in Skydance

TL;DR

The blowout news from SpaceX’s Q3 earnings wasn’t the rocket and AI giant’s outstanding performance that far exceeded even the analysts’ elevated expectations, but Elon Musk’s revelation that SpaceX and Tesla are weighing a merger Elon Musk has made an investment in Skydance of roughly $1 billion, according to a report from Semafor Thursday.