After Tesla and SpaceX, Elon Musk could also become the CEO of Twitter Inc, at least for a few months after his $44 billion billion acquisition of the social media company is completed.
A CNBC report citing unnamed sources claims that Elon Musk is expected to serve as Twitter's temporary CEO for a few months. The same sources told the business outlet that Musk recently held presentations in front of investors he handpicked, where he gave financial projections based on his analysis of Twitter.
Apparently, those presentations worked because the billionaire has secured $7.14 billion in funding from a group of investors to finance the $44 billion takeover of the social media platform. Oracle co-founder and Tesla board member Larry Ellison is the biggest single contributor with $1 billion, a May 5 SEC filing shows.
