Elon Musk may temporarily take over as Twitter's CEO after acquisition
According to NBC, sources say Elon Musk may serve as Twitter's temporary CEO after completing his $44 billion takeover of the social media company. A May 5 SEC filing revealed that Musk had secured about $7.14 billion in equity commitments toward buying Twitter. Contributions were reportedly made by a number of handpicked investors. Those investors include Honeycomb Asset Management and Oracle co-founder Larry Ellison. According to NBC, Twitter co-founder Jack Dorsey may also support Musk's takeover and could even contribute shares prior to the acquisition.