Market Chatter: Skydance Secures $1 Billion Investment From Elon Musk

12:39 PM EDT, 10/22/2026 (MT Newswires) -- Skydance (SKYD) received an investment of about $1 billion from Elon Musk, Semafor reported Thursday, citing people familiar with the matter. The investment came around the same time as contributions from other investors, including board member Laurene Powell Jobs, the report added. Skydance didn't immediately reply to MT Newswires' request for comment. The company's shares were down nearly 3% in the session. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 7.65, Change: -0.23, Percent Change: -2.86