Musk expected to be temporary Twitter CEO after closing $44 bln takeover - CNBC

[Chris]

Musk expected to be temporary Twitter CEO after closing $44 bln takeover - CNBC
Parag Agrawal, who was named Twitter's CEO in November, is expected to remain in his role until the sale of the company to Musk is completed.
By REUTERS
Published: MAY 5, 2022

Elon Musk is expected to become Twitter's temporary CEO after closing his $44 billion takeover of the social-media firm, CNBC reported on Thursday, as the billionaire inches closer to securing funds for the deal. Musk, the world's richest man, is also the CEO at Tesla Inc TSLA.O and heads two other ventures, The Boring Company and SpaceX. Tesla shares dropped 2.7% indicating that investors were concerned about his increased involvement in Twitter. Twitter shares extended gains and were up about 4% at $50.89, but were still shy of Musk's offer of $54.20.

Reuters reported last week that Musk had lined up a person for the top job at Twitter. Parag Agrawal, who was named Twitter's CEO in November, is expected to remain in his role until the sale of the company to Musk is completed. Earlier on Thursday, Musk listed a group of high-profile investors who are ready to provide funding of $7.14 billion for his Twitter bid, including Oracle's co-founder Larry Ellison and Sequoia Capital.

more............. https://www.jpost.com/business-and-innovation/article-705984

 

[depserv]

I hope he does what he's promising to do, because the terror of free speech exhibited by the liberal cult is justified, from their perspective. The liberal power structure is built on a foundation of lies, and the suppression of truth is essential to the maintenance of that foundation; enough truth made available can cause that foundation to crumble.

Twitter is only one venue though; the liberal cult still controls most media, big internet platforms like Facebook and Google (which owns YouTube), the schools, and most of the government and many big businesses. But Twitter is a big community with many low-information types on it, who are likely to begin seeing the truth for the first time. So if the leaven of truth is added to that community it can spread, and will, if God wants it to.

An interesting side note is that Musk was never a subject of a liberal hate campaign and never called a racist, until he stood up in defense of free speech. The liberal cult does not wage its hate campaigns against just anybody, but only against those it fears most. So this shows that at least the leadership of the liberal cult thinks there is good reason to fear what he is doing.

 

[Rocky R.]

Since he's the owner of Twitter, doesn't this mean that he can do whatever he wants with the company? Enlighten me if I'm wrong.

 

[TimeWarpWife]

Well, the Communist-Fascist Democrats and their lapdog lamestream media's heads are over this. Frankly, I find this hysterically funny.

 

[Tall Timbers]

Since he's the owner of Twitter, doesn't this mean that he can do whatever he wants with the company? Enlighten me if I'm wrong.

So long as Twitter is compliant with the laws in the various countries where it operates.