Musk is already the CEO of several multi-billion-dollar companies, but he may soon add a new one to the list.
After his $44 billion takeover of the company is finalized, Musk is expected to serve as a temporary CEO of the company.
That would mean that current CEO Parag Agrawal, who took over in November, is on his way out.
CNBC reported last month that Musk already has a replacement for Agrawal.
The new report comes a day after a SEC filing revealed that Musk has found additional sources of funding for his takeover bid.
Despite Musk saying that the acquisition is not about making money, he plans a number of changes at Twitter. These include charging a fee for commercial and government users, cutting executive and board salaries, and coming up with new ways to make money on social media.
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