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, according to CNBC’s David Faber.
Twitter CEO Parag Agrawal has only been at the helm for a few months, and until now, it was unclear whether Musk would seek to install a new chief executive once his takeover of the company is complete.
On Thursday, an SEC filing revealed Musk got another $7 billion from friends and investors to buy Twitter.