Elon Musk could serve as Twitter CEO for 'few months': Reports

Even as Elon Musk moves to beef up his offer to buy Twitter, the question of who will head the microblogging site continues to swirl. 

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Reports on Thursday indicated the maverick businessman himself could be in the hot seat.

Reuters reported Musk is "expected to become Twitter's temporary CEO after closing his $44 billion takeover of the social-media firm". 

Sources report on the possibility of Musk serving as temporary CEO, said he could remain in the post for a "few months".

Musk is already the CEO of Tesla and also heads The Boring Company and SpaceX. Reuters reported "Tesla shares dropped over 8% on Thursday, as investors fretted that Musk's involvement with Twitter could distract him from running the world's most valuable electric-car maker. 

Twitter shares, on the other hand, extended gains and were up about 4% at $50.89, closer to the deal price of $54.20, as investors bet that the new funding made the completion of the deal more likely."

On Thursday, Musk listed a group of high-profile investors who were committed to providing over $7 billion for the Twitter bid. 

"Commitments range from $1 billion from Oracle co-founder Larry Ellison to $5 million from Honeycomb Asset Management, which invested in SpaceX,"sources reported.