NewsletterJust-In: Elon Musk To Step Down As Twitter CEO By 2023?
Elon Musk News: Twitter CEO, Elon Musk speaking at the World Government Summit in Dubai via remote video link on Wednesday revealed that he is planning to step down as the company boss. He mentioned that he aims to look out for his successor by the end of 2023.
Elon Musk Makes Big Revelation
Elon Musk stated that he needs to stabilize the social media giant financially before he steps down as the CEO. He added that the product roadmap is already being clearly laid out. As per Twitter Chief end of this year would be good timing to find the right person who can run the company.
He also talked about his vision for the social media platform and his efforts to cleanse the misinformation. Musk aims to make Twitter a source of truth. However, he urged the ministers to speak authentically over the platform. Read More Elon Musk News Here…
Musk and His Speculation Around New CEO
This is not the first time that Musk made comments around speculation of appointing a new Twitter Chief. Back on December 21, 2022, he brought up that he would certainly resign as the CEO as soon as he finds someone who is foolish enough to take the job.
However, Musk added that he would just need to run the software and servers teams. Later, he also ran a poll on Twitter and asked the user to choose whether he should step down as the company boss. The voters went on to decide that Musk should resign.
Elon Musk on Wednesday morning twitted a picture of a “Floki” dog. He went on to caption the post “new CEO of Twitter is amazing”. Twitter CEO’s this post sent the biggest meme coins prices riding high. Dogecoin price jumped by over 5% in the last 24 hours. DOGE is trading at an average price of $0.085, at the press time.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Eric Trump Says Now Is a Great Time to Buy Bitcoin Amid Crypto Crash
- Dogecoin, Cardano, Shiba Inu Eye Wider Adoption as Coinbase Announces Perpetual-Style Futures
- Solana News: SOL’s Supply Could Drop Twice as Fast as Disinflation Proposal Goes Live
- Trump Tariffs: White House Prepares Plan B as Crypto Market Awaits Supreme Court Ruling
- Michael Saylor’s Strategy Hints It Will Keep Buying Bitcoin, Citing 2022 Bear Market Playbook
- WLFI Price Soars 17%: What’s Fueling the Surge?
- Dogecoin Price Eyes $0.2 Rally Ahead of Grayscale’s NYSE ETF Debut on November 24
- Crypto Market Eyes Major Rebound as Fed Rate Cut Chances Rise to 71%
- Dogecoin Price Finds Support: Can the 21Shares & Grayscale DOGE ETFs Spark a Surge?
- Will Solana Price Crash Under $100 as Crypto Market Signals Further Downside?
- Ethereum price Drops Below $2,700 as US Jobs Data Hits Rate-Cut Hopes
