Elon Musk, who already leads Tesla, SpaceX, Neuralink and The Boring Company, is testing the bounds of what it means to be stretched thin, having apparently agreed to become Twitter’s temporary CEO if and when he closes his deal to acquire the company.
As the CEO of Tesla and SpaceX, as well as founder-boss of The Boring Company and Neuralink, Musk already has his hands full."Distraction worries" are real for investors in his companies, Wedbush Securities analyst Dan Ives wrote in a research note.
“Overboarding” is a concern for executives who agree to serve on too many boards while trying to do their day job, Columbia Business School Professor , an expert on corporate governance, tells Axios. "Musk is in a similar situation if he intends to manage multiple mandates."When Jack Dorsey was serving concurrently as CEO of Twitter and Square , some investors eventually lost faith in his ability to do both at once.The news of Musk taking the interim CEO role at Twitter is based on only one report. And even that report said he would fill the role only for a few months.
But the fact that Musk would personally step in at all provides a clue to the question many have had since he announced his intent to buy Twitter: How active does he intend to be in its management?Musk also might be better at delegating than he gets credit for. At SpaceX, for example, President Gwynne Shotwell runs the show, while Musk is the visionary.How long Musk lasts at the helm of Twitter and whom he picks for the permanent job.
One option, Klepper says, is for Musk to form a conglomerate and hire a CEO for each company while he serve as the conglomerate's CEO.
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