Elon Musk has invested $1 billion in Skydance, a company led by David Ellison. The investment follows Skydance's purchase of Warner Bros. Discovery, which has left the company with high levels of debt. John Malone, a well-known media figure, has predicted a major agreement between Skydance and SpaceX, another company owned by Musk. The investment and prediction have been reported by several reputable news sources, including Semafor, The Guardian, and The Telegraph.