Posted on 05/05/22
| News Source: Newsmax
Elon Musk is expected to serve as Twitter Inc.'s temporary chief executive officer for a few months after he completes his $44 billion acquisition of the social media firm, CNBC reported on Thursday, citing sources.
Also reported Thursday is the news that Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison and Sequoia Capital to fund his $44 billion takeover of Twitter Inc, according to a filing with the Securities and Exchange Commission Thursday.
Musk is also the CEO of Tesla Inc.