Elon Musk is expected to serve as CEO of Twitter “for a few months,” CNBC reports.
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An SEC filing Thursday revealed that the Tesla and SpaceX CEO secured another $7 billion from investors to buy the Big Tech company.
Once Musk completes his $44 billion takeover of Twitter, he is going to replace Twitter’s current CEO Parag Agrawal who stepped in after founder Jack Dorsey stepped down.
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“Once the deal closes, we don’t know which direction the platform will go,” Agrawal told employees last month during a company-wide town hall.
Musk said he wants to make Twitter a bastion of free speech for as many people as possible.