Such a result for Baz Luhrmann’s biopic on The King of Rock and Roll would match pre-weekend projections and be just below the $31 million earned by the 2019 Elton John musical “Rocketman.” Reception has also been strong with an A- on CinemaScore and Rotten Tomatoes scores of 79% critics and 93% audience.
But “Elvis” still has a way to go before it reaches profitability with a reported $85 million budget. Meanwhile, the unstoppable “Top Gun: Maverick,” is now the 17th film to gross over $500 million at the domestic box office.
Tom Cruise’s film is posting another spectacular hold with $30 million in its fifth weekend, and in the coming week it will pass “Star Wars: The Rise of Skywalker” to join the top 15 all-time domestic list and become Tom Cruise’s first film to gross $1 billion worldwide.
A pair of Universal releases come next on the charts: the holdover “Jurassic World: Dominion” with $26 million in its third weekend and Blumhouse newcomer “The Black Phone” with an estimated opening weekend of $23 million from 3,150 theaters.
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