Malone Sees Spacex Investing up to $10 Billion in Skydance

WHO:

Variety - John Malone, a media mogul known as “The Cable Cowboy,” discussed a possible investment involving Skydance and Elon Musk’s SpaceX.

Bloomberg Markets - John Malone said he thinks a deal could be coming between Skydance Corp. and Elon Musk’s SpaceX.

WHAT:

Variety - Malone suggested SpaceX could make a sizable investment in Skydance, potentially investing up to $10 billion.

Bloomberg Markets - Malone floated the possibility of a deal between Skydance Corp. and SpaceX.

WHERE:

Variety - Malone’s career included investments across the cable and telecommunications sectors.

WHEN:

Variety - The article does not provide a date for the potential investment.

Bloomberg Markets - The article does not provide a date for the potential deal.

WHY:

Variety - The article raises the possibility that a SpaceX investment could help the Ellisons pay down Skydance’s debt.

HOW:

Variety - The article asks whether Malone was speculating or had inside information about potential financial arrangements involving the Ellisons, Skydance, and SpaceX.

(UPDATED October 21, 2026 19:22 UTC)

Media investor John Malone, known as “The Cable Cowboy,” says a deal may be coming between Skydance and Elon Musk’s SpaceX. Malone has floated the possibility that SpaceX could make a sizable investment in Skydance, potentially as much as $10 billion. Such an investment could help the Ellisons pay down Skydance’s debt. Malone has built his career through investments in cable and telecommunications, giving his comments particular weight in media and business circles. However, it remains unclear whether he was speculating or had inside information about possible financial arrangements involving the Ellisons, Skydance, and SpaceX. No timing has been given for a potential deal or investment. For now, the possibility points to a potential connection between Musk’s space company and the media business, but no agreement has been confirmed.