Malone Sees SpaceX-Skydance Output Deal as Skydance Targets Lower Leverage
Photo: TokenPost
Liberty Media and Liberty Global chairman emeritus John C. Malone forecast a global output deal between SpaceX and Skydance, with a possible investment that could support Skydance’s efforts to reduce debt after its Warner Bros. Discovery acquisition. Malone made the prediction during a virtual keynote at the Paley International Council Summit on Wednesday, Oct. 21. His session was set for 9:15 a.m. ET (13:15 UTC) to 9:50 a.m. ET (13:50 UTC). He presented the deal as a forecast and did not indicate that negotiations were underway. The forecast included a possible SpaceX investment of $8 billion to $10 billion.
Source: TokenPost
