While the echoes of Elon Musk’s 44 billion dollar purchase of Twitter continue, it is a matter of curiosity what will change in the functioning of the social network in the new period. On the other hand, it is not known how the top management will be shaped.
Elon Musk becoming CEO of Twitter?
With the approval of the board of directors, Twitter will officially be under the management of Elon Musk. However, regulatory authorities’ approval will take the second half of the year or even the end of the year. This period will be followed by the current CEO Parag Agrawal.
Binance shock from Twitter purchase
With necessary approvals A new management is required. Company sources report that Elon Musk will take over the seat until a new CEO is determined. Of course, this interim CEO period may take longer than expected.
It is known that Elon Musk wants to make more components paid in Twitter usage. He will probably do this after he takes over the company completely. We may see significant changes in the Twitter platform during this transition period. Twitter shares are up to the $50 limit with new developments.
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