Elon Musk has invested about $1 billion in Skydance, the media and entertainment company formed after Paramount’s acquisition of Warner Bros. Discovery (WBD), Semafor reported Thursday, citing a source.Musk's Skydance investmentThe financial injection comes as Skydance looks to cut costs following the acquisition, which closed on October 6. Musk’s commitment is part of a wider effort by Skydance to raise equity inves