Just-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.