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Elon Musk invests about $1bn in David Ellison’s Skydance

“I would not doubt for a minute that before very long you’re going to see an announcement,” cable billionaire John Malone said on Tuesday. Two days later, Semafor reported that Elon Musk had invested roughly $1bn in Skydance, the media group David Ellison formed from Paramount and Warner Bros.

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