It took him a long time but he finally kept his promise. On Thursday, Elon Musk announced that he had recruited a chief executive to take over at the head of Twitter in the coming weeks, without immediately revealing his name.
Excited to announce that I've hired a new CEO for X/Twitter. She will be starting in ~6 weeks!
My role will transition to being exec chair & CTO, overseeing product, software & sysops.
— Elon Musk (@elonmusk) May 11, 2023
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"Excited to announce that I have recruited a new CEO for X/Twitter. It will start in about six weeks," Musk said in a tweet referring to Company X he created, which he presents as the future of Twitter, which he wants to transform into a "super app" mixing its existing functions with those of messaging and payment system. He said his role will evolve to become Twitter's president and chief technology officer, "overseeing the product, software and system (infrastructure)."
Tesla stock up
After buying Twitter, Elon Musk had assured that he would pass the hand once the finances of the network stabilized. While dragging his feet, he had consulted Internet users in December via a survey. At 57.5%, they had voted for him to step aside.
This announcement is at least happy: the shareholders of Tesla, who judged that the leader was too dispersed between all his projects. The automaker's stock jumped 2% late in the session after Elon Musk's tweet.
- Elon Musk