Elon Musk will be CEO of Twitter when the purchase is complete, according to CNBC: Bill Gates says Musk could “make Twitter worse”

Elon Musk will be CEO of Twitter when the purchase is complete, reports CNBC. According to the publication, Musk is expected to take the reins of the company, at least for a few months, when the agreement of $44 billion acquisition it closes.

According to the report of CNBC, Musk is expected to be Twitter’s temporary CEO for a few monthswhen the purchase of the social network is completed, leaving out Parag Agrawal, current CEO.

Agrawal became CEO last November, following the resignation of Jack Dorsey, and throughout Musk’s path to buying Twitter, Agrawal was pro and supportive of the Tesla CEO. However, the first reports from a new CEO for the social network following the closing of the acquisition deal appeared recently, as part of the Musk’s plan to make Twitter a money machine.

Just after the announcement of the purchase intentions, Agrawal told Twitter employees that the future of the company was “uncertain”but guaranteed that there would be no layoffs.

On the other hand, Musk raised $7 billion to buy Twitter from friends and investorsaccording to a Registration at the National Securities Market Commission (SEC), reported for CNBC.

Names listed include Oracle co-founder Larry Ellison, who is listed as the most important investor with a billion dollarsventure capital firm Sequoia, and cryptocurrency exchange Binance.

Bill Gates criticizes Elon Musk

In a related report, Bill Gates criticized Musk and declared that he can “make Twitter worse”. During the Wall Street Journal CEO Summit, Gates said it was unclear how Musk would change Twitter and said he was concerned about misinformation spreading on social media.

Elon Musk Temporary CEO Twitter

According to Gates’ statements, it is “Amazing” the work that Musk did with Tesla and Space-X, putting together a great team of engineers at those companies. However, Gates said he doubted “That happens this time.”

This situation occurs after an altercation between the two billionaires a few weeks ago, in which Musk rejected Gates’ proposal to work on philanthropic endeavors due to his position against Tesla.

Images | Flickr (one, two)

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Elon Musk will be CEO of Twitter when the purchase is complete, according to CNBC: Bill Gates says Musk could “make Twitter worse”