Elon Musk will likely appoint himself as temporary Twitter CEO

On Thursday, a reporter for CNBC, David Faber reported that following the acquisition of the popular microblogging platform, Twitter, the CEO of Tesla, is likely to appoint himself as the Chief Executive Officer of Twitter on a temporary basis. Recently, the world’s richest man took over the social media company for a whopping $44 billion.

According to the reports, this

temporary appointment of Elon Musk as the CEO

could last for a few months. Earlier these reports, Elon Musk announced that for the financing for the acquisition of Twitter, he has secured $7 billion in equity. This $7 billion also include $1 billion from Larry Ellison, the co-founder of Oracle. Last week, the current Chief Executive Officer of the microblogging platform, Twitter,

Parag Agrawal,

who took over the responsibility of his role in the month of November 2021, said that he has unspecified regrets about his time leading the social media company in a meeting.

At the meeting, Agrawal, in a statement said, "I wish we had done better with lots of things. There are things I disagree with fundamentally. I wanted us together to change those things in the interest of improving, introspecting, and making Twitter better for everyone around the world and to have everyone around the world use Twitter and have it be even more impactful."