The role will last for a few months
Musk Expected To Become Temporary Twitter CEO After Deal Closes
Tyler Durden with Zerohedge reports:
Elon Musk will serve as temporary CEO of Twitter upon completion of his $44 billion takeover of the social media giant, according to CNBC’s David Faber, who said that the role would last for a few months.
The news comes as a Thursday SEC filing revealed Musk was able to secure around $7.14 billion in equity commitments from ‘old friends’ and other investors in order to bolster the purchase.