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Home»Tech World»Elon Musk, in addition to owner, wants to be CEO of Twitter

Elon Musk, in addition to owner, wants to be CEO of Twitter

By Sawyer Campbell06/05/20222 Mins Read
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If the process of buying and selling Twitter is finalized, Elon Musk will be the new owner of the social network by the end of this year; and by then, in addition to the owner of the company, the tycoon also plans to become the CEO of it.

According to a report by the American media CNBC, the tycoon plans to be the CEO of the social network for a limited time, which would last “a few months”after the purchase transaction is complete.

According to sources in the aforementioned media, Musk even has the support of Jack Dorsey, co-founder of Twitter, to become CEO of the company. Currently and since the end of last year, this position is held by the engineer of Indian origin Parag Agrawal.

In a recent talk with Twitter workers, Agrawal said that the company’s management does not know the direction it will take when the transaction is finalized, since Musk is likely to make major changes to the company as soon as he takes over as the new owner and CEO.

For now, platform employees have expressed concern about the possibility of losing their jobs; In this regard, CNBC assures that Musk mentioned to Twitter investors that the platform has “too many engineers who do not do enough.”

Besides, the board of directors fears that Musk will relax the measures that have been taken so far regarding content moderationfor the sake of openness and freedom of expression to which you have referred.

On the other hand, a few days ago, the newspaper The Wall Street Journal He said that some sources have reported that Musk would have planned to sell Twitter within three years, once the company’s financial situation has improved.

In this sense, Musk’s goal in delisting Twitter is to convince investors that he can quickly make the social network more profitable and thus make it more attractive.

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