Elon Musk to resign as Twitter CEO once he finds ‘someone foolish enough’

Hours after reports emerged claiming that Twitter’s new owner Elon Musk is actively searching for the new CEO of Twitter, Musk announced that he will soon step down as Twitter CEO. The development comes a day after Elon Musk lost a Twitter poll in which he had asked his over 122 million Twitter followers if he should step down as the Chief Executive Officer of social media platform. 

“I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software and servers teams,” Elon Musk tweeted on Wednesday.

Elon Musk tweet

Of over 17.5 million people who participated in Musk’s Twitter poll, about 57.5 per cent asked him to step down. 

The fact that Twitter will get a new CEO was expected as Musk, after acquiring the company for $44 billion in October, has repeatedly stated that his position would temporary.

In November, Musk said, “I expect to reduce my time at Twitter and find somebody else to run Twitter over time.”

His takeover of the microblogging site has been riddled with controversies, starting from firing employees, to jacking up the price of Twitter’s Blue subscription plan.

The “Chief Twit” has also repeatedly claimed that ever since he took over Twitter, the usage has reached an all-time high and that hate speech impressions have fallen.

This is a breaking story… More to follow soon.

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