Construction for the Sky Tower started in October 1970, one year prior to Magic Mountain's opening. Aggressive Erectors & Bridgemen Inc. installed the ride, along with other opening day attractions.[3] The ride opened in 1971, the same year the park opened. The tower was built by Intamin AG, as a Hexagonal Tower. The tower is made of 460-tons of steel, has two-observation decks and a red-paint scheme. The tower was also designed to withstand strong 100 MPH winds.[4]
The tower opened with a yellow paint scheme,[5] but the tower later a multi-colored rainbow-paint scheme and a white paint scheme, but was then later repainted to its current red-paint scheme.
From 1977-1978, the tower received a sponsorship from Western Airlines. Metal plates with the airline's "W" logo were welded to the sides of the tower.[6] These plates were later used for promotion of Tatsu, with the ride's logo posted on them.
In 2008, the Sky Tower received the "Magic of the Mountain" museum at the top floor of the tower. An attraction that contained memorabilia throughout the parks history including old television commercials, old park maps, old photographs, models, and equipment saved from past/defunct rides. Some items included a car from Colossus (Six Flags) and a test seat for Scream (roller coaster) in its original purple, blue, and yellow colors.
During the Holiday in the Park season, the Sky Tower is decorated as a Christmas Tree.
In 2023, the "Sky Tower Challenge" was hosted by the Santa Clarita Sheriff and sponsored by LoanDepot. Groups of first responders raced up the tower's stairs to win.[7]