Editor's note: Tune in to AC360 at 8 p.m. ET for the latest on Gadhafi's death, reaction from around the world and what's next for Libya.
(CNN) - Libyans erupted in jubilation Thursday following unconfirmed reports that ousted leader Moammar Gadhafi may have been captured or killed.
A "cacophany of celebration" could be heard in Tripoli, as ships and cars blasted their horns and shots were fired into the air, said CNN's Dan Rivers.
"It is very, very loud - a lot of excitement," Rivers said.
"It's a great moment," said Mahmoud Shammam, information minister for Libya's National Transitional Council. "I've been waiting for this moment for decades, and I'm thanking God that I'm alive to see this moment."
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