From 24/7 Wall St. · Omor Ibne Ehsan · · 1m 10s
Laurene Powell Jobs Loses $102m on Skydance Stock
Laurene Powell Jobs' $250m Skydance bet drops 41% as stock falls to $7.10.
In brief
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 41% from $12 to $7.10. Originally reported by 24/7 Wall St..
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.
The short version
Laurene Powell Jobs lost $102.1m on her $250m Skydance stake after stock dropped 41% from $12 to $7.10.
