Musk Reportedly Makes a Bold $1 Billion Investment in Skydance (SKYD.US), Which Faces Nearly $80 Billion Debt Burden

Zhito Finance APP has learned that, according to people familiar with the matter, Tesla (TSLA.US) CEO Musk has invested approximately $1 billion in U.S. media giant Skydance (SKYD.US). The investment comes as Skydance completes its acquisition of Warner Bros. Discovery (WBD) and begins integrating its vast film, television, and streaming businesses. Facing a debt burden of nearly $80 billion, the company is actively seeking new equity financing to support business integration and cost-cutting plans.