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Billionaire entrepreneur Elon Musk has reportedly invested approximately $1 billion in Skydance, a major film and entertainment production studio, according to CNBC reporting on October 22. The investment marks a significant move by Musk beyond his core technology and energy ventures into the entertainment sector. Skydance is led by David Ellison, whose father is Oracle co-founder and billionaire Larry Ellison, creating a notable connection between Musk and the Ellison family's investment portfolio.