# Laurene Powell Jobs Loses $102m on Skydance Stock

> Laurene Powell Jobs' $250m Skydance bet drops 41% as stock falls to $7.10.
- Title: Laurene Powell Jobs Loses $102m on Skydance Stock | Shortify
- Summary: Laurene Powell Jobs' $250m Skydance bet drops 41% as stock falls to $7.10. Laurene Powell Jobs lost $102.1m on her $250m Skydance stake after stock dropped…
- Keywords: laurene powell jobs, skydance, david ellison, warner bros discovery, class b shares, warrant split, stock price drop, Laurene, Powell, Jobs, Loses, 102m
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/21/steve-jobs-widow-is-already-losing-money-on-her-250-million-bet-on-david-ellison
- Author: Omor Ibne Ehsan
- Published: 2026-10-21T16:52:53+00:00
- Read time: 1 min
- Topics: laurene powell jobs, skydance, david ellison, warner bros discovery, class b shares, warrant split, stock price drop
## Laurene Powell Jobs' $250m Skydance Stake
Laurene Powell Jobs bought 20,833,333 Class B shares of Skydance for $12.00 per share on Oct. 6, 2026, costing $250 million.
## Stock Plummets to $7.10
Skydance stock closed at $7.10 on Oct. 20, 2026, down from $6.80 the previous session.
## Paper Loss of $102.1m
Her stake is now worth $147.9 million, a $102.1 million paper loss or 41% below cost.
## Warrant Split Explains Drop
Holders received one warrant per Class B share with a $12 strike price, but the stock fell 23.84% when warrants expired on Oct. 14.
## Insider Ownership Risks
Insiders own 50.932% of Skydance, with shares down 46.24% this year and below their 52-week high of $16.85.
## Analysts Signal Caution
Analysts target $8.87 for Skydance but most hold or sell shares, with one brokerage cutting its target to $6.
## Key takeaway

Laurene Powell Jobs lost $102.1m on her $250m Skydance stake after stock dropped 41% from $12 to $7.10.