Elon Musk has spent years attacking mainstream media. Now, the billionaire has reportedly invested $1 billion (£745 million) in the company that owns CNN, creating a striking twist in his long-running battle with the news establishment.
The reported Elon Musk CNN investment could give him an indirect financial interest in a media empire that includes CNN and CBS News. But behind the provocative headlines lies a bigger story: Skydance needs fresh capital, faces a formidable debt burden and is under pressure to deliver billions in savings.
