Tesla CEO and SpaceX founder Elon Musk mentioned he would considerably improve work ethic requirements in Twitter as soon as he formally acquires the social media platform.

Last week, Twitter mentioned it agreed to be acquired by Musk in a deal price $44 billion (roughly Rs. 3,40,400 crore), though it’s nonetheless topic to shareholder approval.

“Work ethic expectations would be extreme, but much less than I demand of myself,” Musk mentioned on Twitter on Friday.

The firm shall be “super focused on hardcore software engineering, design, information security and server hardware,” he added.

Musk beforehand mentioned that he wish to revolutionize Twitter’s position in public debate as “free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.”

An earlier report talked about that Musk is predicted to grow to be Twitter’s momentary CEO after closing his $44 billion (roughly Rs. 3,40,400 crore) takeover of the social-media agency, an individual accustomed to the matter mentioned on Thursday, because the billionaire inches nearer to securing funds for the deal.

Musk, the world’s richest man, can also be the CEO at Tesla and heads two different ventures, The Boring Company and SpaceX. Tesla shares dropped over 8 p.c on Thursday, as buyers fretted that Musk’s involvement with Twitter may distract him from working the world’s most dear electric-car maker.

Twitter shares, however, prolonged features and have been up about 4 p.c at $50.89 (roughly Rs. 3,900), nearer to the deal worth of $54.20 (roughly Rs. 4,200), as buyers wager that the brand new funding made the completion of the deal extra probably. Parag Agrawal, who was named Twitter’s CEO in November, is predicted to stay in his position till the sale of the corporate to Musk is accomplished. CNBC first reported on Thursday that Musk plans to grow to be CEO of Twitter on an interim foundation.

Earlier on Thursday, Musk listed a bunch of high-profile buyers who’re prepared to offer funding of $7.14 billion (roughly Rs. 54,485 crore) for his Twitter bid, together with Oracle’s co-founder Larry Ellison and Sequoia Capital. Musk elevated the financing dedication to $27.25 billion (roughly Rs. 2,08,981 crore), which incorporates commitments from 19 buyers, whereas lowering a margin mortgage from Morgan Stanley to $6.25 billion (roughly Rs. 47,931 crore). He has already secured commitments for $13 billion (roughly Rs. 99,697 crore) in loans.