Elon Musk, who runs four other companies, will now be Twitter CEO


FILE PHOTO: Elon Musk's photo is seen through a Twitter logo in this illustration taken October 28, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) -Tesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bought for $44 billion, a move that Wall Street analysts have said could stretch the billionaire thin.

Musk, who also runs rocket company SpaceX, brain-chip startup Neuralink and tunneling firm the Boring Company, fired Twitter's previous chief Parag Agrawal and other top company officials last week, and has proposed revisions to the platform's user verification process, which has been free until now.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Anthropic's Mythos sends US banks rushing to plug cyber holes
Canvas' parent company reaches agreement with hacking group behind breach
OpenAI gives European companies access to its latest models to bolster resilience
Netflix spent over $135 billion on film, TV over last decade
Tesla’s robotaxi rollout features Texas-sized wait times
EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'
TikTok challenges EU 'gatekeeper' status at Europe's top court
OpenAI chief Altman denies Elon Musk's claim he betrayed ChatGPT maker's mission
Samsung Elec union threatens to walk out of pay talks if no mediation proposal
Maker of Canvas learning platform strikes deal for hackers to return data

Others Also Read