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Elon Musk May Temporarily Take Over as Twitter's CEO After Acquisition

2022-05-06 128 Dailymotion

Elon Musk , May Temporarily Take Over , as Twitter's CEO After Acquisition.<br />According to NBC, sources say Elon Musk may <br />serve as Twitter's temporary CEO after completing <br />his $44 billion takeover of the social media company. .<br />According to NBC, sources say Elon Musk may <br />serve as Twitter's temporary CEO after completing <br />his $44 billion takeover of the social media company. .<br />A May 5 SEC filing revealed that Musk <br />had secured about $7.14 billion in equity <br />commitments toward buying Twitter. .<br />A May 5 SEC filing revealed that Musk <br />had secured about $7.14 billion in equity <br />commitments toward buying Twitter. .<br />Contributions were reportedly , made by a number of, handpicked investors. .<br />Contributions were reportedly , made by a number of, handpicked investors. .<br />Those investors include<br />Honeycomb Asset Management <br />and Oracle co-founder Larry Ellison. .<br />According to NBC, Twitter co-founder Jack Dorsey may also support Musk's takeover and could even contribute shares prior to the acquisition.<br />According to NBC, Twitter co-founder Jack Dorsey may also support Musk's takeover and could even contribute shares prior to the acquisition.<br />NBC reports that Twitter's current <br />CEO, Parag Agrawal, has only been <br />in charge of the company for a few months. .<br />NBC reports that Twitter's current <br />CEO, Parag Agrawal, has only been <br />in charge of the company for a few months. .<br />Last November, control of the company was handed over , by Twitter co-founder Jack Dorsey.<br />During a company-wide town hall meeting with <br />employees last month, Agrawal reportedly said that <br />the future of the company was uncertain under Musk.<br />Once the deal closes, we don’t know <br />which direction the platform will go, Parag Agrawal, Twitter CEO, via NBC.<br />According to Twitter's latest earnings report, <br />the company has 229 million active daily users, <br />up 15.9% from the same time last year.

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