Elon Musk announced Thursday that he already has a CEO for Twitter, or X Corp as it’s now called, and that he should start within six weeks.
Musk, who bought Twitter in the fall and has been running it ever since, has insisted he doesn’t want to be the permanent chief executive.
The billionaire, who also owns Tesla, said in a Twitter message that his role will be more than technology leader.
In mid-November, just weeks after buying the social media company for $44 billion, he told a Delaware court that he doesn’t want to be CEO of any company.
More than a month later, he wrote on Twitter in December: “I will resign as CEO as soon as I find someone crazy enough to accept the position.”
The promise was made after millions of Twitter users asked him to leave office, in a survey that he himself created and whose result he promised to fulfill.
In February, he said he hoped to find a chief executive “probably by the end of the year.”
Tesla’s stock price rose two percent after the announcement. Shareholders of the electric car company worry that Musk will divide their attention with Twitter.
Musk’s management of Twitter has been chaotic, with promises and announcements he has broken.
On his first day, he fired the company’s top leaders, followed later by around 80% of the workers. On the other hand, he reduced the moderation of the contents and the protection against the spread of lies.
Source: TSF
