After Completing The Acquisition Of Twitter, Musk Will Serve As CEO Of The Company In A Temporary Capacity

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According to CNBC reporter David Faber, Elon Musk will serve as CEO of the company in a temporary capacity after completing the acquisition of twitter later this year Faber said musk detailed these plans when introducing to the acquisition fund providers.

Musk did not publicly say what would happen to the company's C-suite once the deal was completed and how Parag Agrawal, the current CEO of twitter, would arrange it.

With Musk's commitment to Tesla and SpaceX (he is also the company's CEO), large technology observers had speculated that he would have to give up the top position on twitter. Now, it sounds like this might happen, but not immediately.

Last week, I learned from a source that musk has arranged a new CEO. This morning, Saudi prince Alwaleed bin Talal, a major investor in twitter, will continue to invest in the private company. He said musk will be "an excellent leader of twitter" because it has been privatized.

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