The billionaire is expected to temporarily take over the role after the deal closes Elon Musk is expected to serve as Twitter’s interim chief executive officer for a few months after he completes his $44 billion acquisition of the social media giant, CNBC reported on Thursday. According to an SEC filing, also released on Thursday, Musk secured approximately $7.14 billion in equity commitments from friends and other investors to buy Twitter. CNBC sources said the businessman handpicked the investors, ranging from $1 billion from Oracle co-founder Larry Ellison to $5 million from Honeycomb Asset Management, which in
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