Elon Musk has invested about $1 billion in Skydance, the massive entertainment and media conglomerate. Earlier this month, Paramount Skydance completed its takeover of Warner Bros. Discovery, bringing CBS, CNN, HBO, Paramount+ and other major media properties under the same ownership. Skydance CEO David Ellison and his father Larry are major supporters of President Trump.
This comes at a time when Elon Musk has spent $366 million in the current election cycle to help Republicans. On Wednesday, Musk posted a warning to Democratic lawmakers who are threatening to investigate him if they gain control of Congress after the midterms. Musk wrote on his social media platform X, “Live by the sword, die by the sword. Those who pick fights with me should understand that I will find out who is really pulling the strings and come for them, not just their puppets…”