{"id":2689778,"date":"2026-10-22T18:29:40","date_gmt":"2026-10-22T22:29:40","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musk-acquires-1-billion-stake-in-cnns-parent-company\/"},"modified":"2026-10-22T18:29:40","modified_gmt":"2026-10-22T22:29:40","slug":"elon-musk-acquires-1-billion-stake-in-cnns-parent-company","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musk-acquires-1-billion-stake-in-cnns-parent-company\/","title":{"rendered":"Elon Musk Acquires $1 Billion Stake in CNN&#8217;s Parent Company"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Felon-musk-acquires-1-billion-stake-in-cnns-parent-company%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2689778&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><br \/>\n<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>When the left-wing minions of CNN look up at the mega-bucks Lords of Skydance whose money keeps the troubled network\u2019s parent company afloat, Elon Musk will be looking back down.<\/p>\n<p>Musk has invested about $1 billion in Skydance, according to <a href=\"https:\/\/www.cnbc.com\/2026\/10\/22\/elon-musk-skydance-investment.html\" target=\"_blank\" rel=\"noopener\">CNBC<\/a> and <a href=\"https:\/\/www.semafor.com\/article\/10\/22\/2026\/elon-musk-makes-1-billion-investment-in-ellisons-skydance\" target=\"_blank\" rel=\"noopener\">Semafor<\/a>.<\/p>\n<p>John Malone, \u00a0the former Liberty Media leader, said that Musk\u2019s ultimate investment in the company could reach $10 billion, according to <a href=\"https:\/\/deadline.com\/2026\/10\/skydance-elon-musk-investment-larry-ellison-1237170816\/\">Deadline<\/a>. Skydance is the name of the company that emerged from the merger between Paramount and Warner Bros. Discovery.<\/p>\n<p>\u201cWho helped Elon finance Twitter when he bought it? Larry Ellison,\u201d Malone said. Larry Ellison is the father of David Ellison, co-CEO of Skydance after leading Paramount in its acquisition of Warner Bros. Discovery.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Elon Musk just invested $1 BILLION in Skydance, the company that bought Warner Bros. Discovery and now controls CNN.<\/p>\n<p>I genuinely don\u2019t think today could possibly get any better. \ud83e\udd23\ud83e\udd23\ud83e\udd23\ud83e\udd23 https:\/\/t.co\/yA6usydB4b<\/p>\n<p>\u2014 Gina Milan (@ginamilan_) <a href=\"https:\/\/x.com\/ginamilan_\/status\/2113336956406931809?\">October 22, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cHow did Larry Ellison come up with some of the money to put into the creation of Skydance? Tesla stock. And I would not doubt for a minute that before very long you\u2019re going to see an announcement,\u201d he said Wednesday.<\/p>\n<p>Musk has yet to comment on his investment in Skydance.<\/p>\n<p>Semafor said Musk\u2019s investment in Skydance came as the company sought cash infusions from others, such as board member Laurene Powell Jobs<\/p>\n<p>Malone said he expects a partnership will emerge between Skydance and Musk\u2019s Starlink.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udea8 LMAO! Elon Musk has reportedly bought into the company that now OWNS CNN<\/p>\n<p>He reportedly put about $1 BILLION into David Ellison\u2019s Skydance, which took over Warner Bros. Discovery this month<\/p>\n<p>So people who have ownership stakes over CNN include Elon Musk and Trump ally David Ellison<\/p>\n<p>The most entertaining outcome is the most likely \ud83d\ude02<\/p>\n<p>\u2014 Eric Daugherty (@EricLDaugh) <a href=\"https:\/\/x.com\/EricLDaugh\/status\/2113336962509881786?\">October 22, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/> \u201cHe\u2019s gonna have to re-engineer all of those channels, and figure out how they morph into streams themselves rather than just traditional linear,\u201d he said.<\/p>\n<p>Skydance has about $80 billion in debt and is trying to cut costs by $6 billion, CNBC reported.<\/p>\n<p><a href=\"https:\/\/www.hollywoodreporter.com\/business\/business-news\/elon-musk-skydance-stake-own-starlink-cnn-1236737973\/\" target=\"_blank\" rel=\"noopener\">The Hollywood Reporter<\/a> said the investment could be \u201ca backdoor for Musk to enter the media-entertainment world.\u201d<\/p>\n<p>\u201cOwning a piece of Paramount-Warner Bros. (depending on the valuation the $10b could net as much as 15%) would give him a place at the table on the company\u2019s biggest decisions. Even if it doesn\u2019t come with a board seat (that depends on how many voting s he\u2019d get) it would certainly buy a channel into David Ellison,\u201d the site wrote.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Elon Musk has reportedly invested a MASSIVE $1 BILLION into the Ellison family\u2019s Skydance media empire, just weeks after the company acquired CNN.<\/p>\n<p>How many CNN employees will quit after this? https:\/\/t.co\/Q3QdAOfNHL<\/p>\n<p>\u2014 Benny Johnson (@bennyjohnson) <a href=\"https:\/\/x.com\/bennyjohnson\/status\/2113333592428548490?\">October 22, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/> The partnership, the site wrote, could \u201cgive Musk a content pipeline at X, a badly coveted resource. \u201c<\/p>\n<p>\u201cBut this changes the game for X and Musk much more dramatically. Access to Skydance content makes him more than just a dilettante in the content world \u2014 it makes him a streamer,\u201d the site said, noting that X might air episodes of top Skydance TV shows.<\/p>\n<p>Noting that the corporate route of the investment would come from SpaceX, the site noted, \u201ca SpaceX entry into Skydance is a Musk entry into Hollywood.\u201d<\/p>\n<div style=\"background-color: #f7f7f7; color: #171717; display: flex;font-size: 16px;font-weight: 600;line-height: 1.5;margin: 24px 0;padding: 18px 20px 18px 30px;text-align: left;\">\n<div style=\"align-self: stretch;border-left: 3px solid #171717;flex-shrink: 0;padding-left: 20px;\"><\/div>\n<p><a style=\"text-decoration: none;\" href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.westernjournal.com\/\">Choose The Western Journal as your preferred source on Google and never miss reporting that defends truth, protects freedom, and advances Western civilization<\/a><\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey == typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts = { \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs = [ 'name', '', 'message' ];  \t\t\t\t\tfor( var i = 0; i < inputs.length; i++ ) if( ! 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Musk has invested about $1 billion in Skydance, according to CNBC and Semafor. John Malone, \u00a0the former Liberty Media leader, said that Musk\u2019s ultimate investment<\/p>\n","protected":false},"author":1,"featured_media":2689779,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2026\/10\/Elon-Musk-Skydance.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[],"class_list":["post-2689778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2026\/10\/Elon-Musk-Skydance.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2689778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2689778"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2689778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2689779"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2689778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2689778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2689778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}