At the end of last month, billionaire Elon Musk announced that he had bought the social network Twitter for $44 billion. Musk is expected to serve as Twitter’s CEO once the deal to buy the company officially expires, CNBC reported. Indeed, according to journalist David Faber, Elon Musk to take over as CEO ‘for a few months’without further details.
However, it should be noted that when Elon Musk became CEO of Tesla in 2009, it was only supposed to be a few monthstime to find a replacement. Thirteen years later, as you all know, Elon Musk still holds the position and still has no intention of giving up.
Also Read – Twitter belongs to Elon Musk: What will change in the coming months?
Who could be Twitter’s CEO?
Parag Agrawal, who was appointed CEO of Twitter in November following the departure of Jack Dorsey, is expected to be sacked. continue until the sale of the company to Musk is completed.. Twitter shareholders have yet to approve the deal, which is expected to close for nearly six months.
For now It is unclear who could replace Elon Musk as CEO of the company.. The World’s Richest Man seems to get along just fine with former Twitter CEO Jack Dorsey, but it’s unclear whether he’ll be willing to take over the reins of the company. Anyway, many employees of the company must be laid off after purchasing Twitter.
Elon Musk has already brought together many investors. Oracle co-founder Larry Ellison, Saudi Arabian Prince al-Waleed bin Talal and cryptocurrency exchange Binance. This new funding should make the transaction less risky for Elon Musk.
Source : CNBC
