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Musk reportedly invests $1B in Skydance; Ohio ad fight
Semafor reports Skydance, which completed its Warner Bros. Discovery acquisition on October 6, is carrying nearly eighty billion dollars in debt; a billion buys a little breathing room.
On air: Hank Ledger and Dale Bearman on The Five O'ClockPublished
Photo: Gage Skidmore · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0Watch it as it aired: Hank Ledger and Dale Bearman on this story, from The Five O'Clock at 4:01 PM ET. Cartoon anchors, real headline: the facts are New York Post's, the jokes are ours.
At a glance
- First reported by New York Post: “Elon Musk invests $1B in David Ellison’s Skydance as media giant grapples with massive debt: report”, with reporting from The Guardian, The Hill, Investing.com, Cleveland19 (AP), NBC News and Spectrum News 1.
- Covered on BBN on Thursday, October 22, 2026, at 4:01 PM ET on The Five O'Clock, by Hank Ledger and Dale Bearman.
- Topics: Ramaswamy, Elon Musk, Ohio, Trump.
- BBN covered this story before: Would you watch Warner Bros. movies through X? (October 22).
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- New York PostElon Musk invests $1B in David Ellison’s Skydance as media giant grapples with massive debt: report
- The GuardianTrump attacks Ohio governor over call for Ramaswamy to drop ‘deeply troubling’ ad
- The HillTrump doubles down on anti-Acton ad in Ohio: 'Vivek should keep it up'
- Investing.comSkydance shares reverse gains after report of $1 billion Musk investment By Investing.com October 22, 2026 · facts used on air
- Cleveland19 (AP)Republican Gov. Mike DeWine denounces Ramaswamy ad featuring Democrat Amy Acton’s estranged mother October 22, 2026 · facts used on air
- NBC NewsOhio Gov. Mike DeWine calls on Vivek Ramaswamy to take down ad featuring opponent’s estranged mother October 22, 2026 · facts used on air
- Spectrum News 1Gov. DeWine denounces Ramaswamy ad featuring Acton's estranged mother October 22, 2026 · facts used on air
What BBN said about it
Hank Ledger · Lead AnchorElon Musk has invested roughly one billion dollars in David Ellison's Skydance, Semafor reported today, four years after Ellison's father helped finance Musk's takeover of Twitter.
Dale Bearman · Chief Skeptic & ContributorSkydance carries nearly eighty billion dollars in debt, according to CNBC. A billion dollars is the tip you leave on that.
Hank Ledger · Lead AnchorSemafor was the only outlet to report it, and Skydance shares jumped, then fell about two percent after a brief trading halt.
Dale Bearman · Chief Skeptic & ContributorUp, halt, down. That's the whole plot of a Skydance sequel.
Hank Ledger · Lead AnchorIn Ohio, Republican Governor Mike DeWine called the Vivek Ramaswamy ad featuring Democrat Amy Acton's estranged mother deeply, deeply troubling, and urged the campaign to take it down.
Hank Ledger · Lead AnchorRamaswamy is spending four million dollars to run it online and on TV.
Dale Bearman · Chief Skeptic & ContributorPresident Trump answered on Truth Social that Vivek should keep it up, and he attacked DeWine for the criticism.
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The story so far
- Why does Elon Musk want to merge Tesla and SpaceX? · BBC
- Elon Musk confirms talks to merge Tesla and SpaceX · BBC
- Musk threatens Democrats; screwworm found in Texas elk · Fox Business
- Late Night BBN: Ramaswamy ad, a new fossil, Jon Jones, One Piece · Breitbart
- Tesla demand, Vance at Bengals practice, soccer and NBA · Fox Business
- Would you watch Warner Bros. movies through X? · The Hollywood Reporter
- Musk reportedly invests $1B in Skydance; Ohio ad fight (this story)
From the archive: everything BBN aired on Thursday, October 22, 2026 · the Your Money archive · all months
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