Elon Musk, the billionaire CEO of Tesla and SpaceX, announced on Twitter on Thursday that he has hired a new CEO for the social media company. Musk said that the new Twitter CEO, who has not yet been named, will start in about six weeks. Musk said that he will transition to the role of executive chairman and chief technology officer of Twitter, overseeing product, software, and systems operations.
The news has sparked speculation about who the new CEO could be. Some have speculated that it could be a high-profile female executive from another tech company, such as Sheryl Sandberg from Meta or Susan Wojcicki from YouTube. Others have speculated that it could be a lesser-known figure who is close to Musk.
Musk’s decision to step down as CEO comes after a tumultuous few months at Twitter. In October, Musk acquired the company for $44 billion. Since then, Musk has made a number of changes to Twitter, including firing several top executives and laying off employees. Musk has also been criticized for his handling of Twitter, with some users accusing him of censorship.
Elon Musk Steps Down as Twitter CEO, New Twitter CEO Face unknown
It is unclear why Elon Musk decided to step down as CEO. In his tweet, Musk said that he wanted to “dedicate more of my time to my other endeavors.” However, some analysts believe that Musk may have been forced to step down due to pressure from investors and employees.
The new CEO of Twitter is expected to face a number of challenges. The company is facing declining user growth and revenue. It is also under pressure from regulators around the world. The new CEO will need to find a way to turn Twitter around and make it a more profitable company.
Only time will tell who the new Twitter CEO is. However, her identity is sure to be one of the most talked-about topics in the tech world in the coming weeks.