Musk to replace Parag as Twitter CEO? Tesla boss to hold post once deal sealed
Published on May 06, 2022 02:44 pm IST
Elon Musk is expected to become Twitter's temporary CEO after closing his $44 billion takeover. He is also the CEO of Tesla & heads two other ventures, The Boring Company and SpaceX. Twitter CEO Parag Agrawal is expected to remain in his role until the sale to Musk is completed. Earlier, Musk listed a group of high-profile investors ready to provide funding of $7.14 billion for his Twitter bid. The list of high-profile investors include Oracle's co-founder Larry Ellison and Sequoia Capital. Saudi Arabian investor Prince Alwaleed bin Talal agreed to roll his $1.89 billion stake into the deal. Watch the full video for more.
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