John Malone Predicts a Major Deal Between Skydance and Elon Musk’s SpaceX

John Malone has predicted that Skydance and Elon Musk’s SpaceX may strike a deal, potentially combining a global content distribution agreement with an $8 billion to $10 billion SpaceX investment. The proposed investment could help Skydance reduce the debt David Ellison is taking on, while giving SpaceX access to content or other media assets.

The details remain uncertain, and no deal has been announced. Malone pointed to links between Musk and Ellison’s father, Larry, including Larry Ellison’s support for Musk’s Twitter purchase and his investment in Skydance. Possible areas of interest include CBS’s local broadcast spectrum, which could support Starlink, or Skydance content and advertising assets; reports have also suggested Musk might invest in Skydance.