Musk invests $1 billion in company linked to Ellison, who helped Musk buy Twitter: Report

Elon Musk invested $1 billion in Skydance, CNBC reported, a few days after Oracle Co-founder Larry Ellison's son David formed it by merging Warner Bros. Discovery and Paramount. Musk's commitment is part of a wider effort by Skydance to raise equity investments. Notably, Larry had invested $1 billion in Musk's deal to buy Twitter and is a Tesla investor too.