According to a report from CNBC, Elon Musk may be planning to step into the CEO shoes temporarily after his big Twitter takeover is complete. Musk has been vocal about his disagreements with current leadership.
Elon Musk is expected to serve as a temporary CEO of Twitter for a few months after he completes his $44 billion takeover of the social media company, sources told CNBC’s David Faber.”
“Elon Musk is planning to take over as temporary CEO of Twitter after he finalizes the acquisition. Legend,” tweeted start-up investor @Apompliano.
“Elon Musk will be Twitter’s acting CEO when he takes over in a few months. The stock is up nearly $2 in an awful market today on the news of this and additional funding partners,” radio host Clay Travis tweeted.
“Musk has also lined a up a new chief executive for Twitter, one of the sources added, declining to reveal the identity of that person. He told Twitter’s chairman Bret Taylor earlier this month that he does not have confidence in the San Francisco-based company’s management,” Reuters reported in April. “Parag Agrawal, who was named Twitter’s chief executive in November, is expected to remain in his role until the sale of the company to Musk is completed.”