Elon Musk said Thursday he has found a new CEO for Twitter, or X Corp. as its now called and she's a woman. He did not name her but said she will be starting in about six weeks.
Musk, who bought Twitter last fall and has been running it since, has long insisted he is not the companys permanent CEO. The Tesla billionaire said in a tweet Thursday that his role will transition to being Twitter's executive chairman and chief technology officer.
In mid-November, just a few weeks after buying the social media platform for US$44 billion, he told a Delaware court that he does not want to be the CEO of any company.
While testifying, Musk said I expect to reduce my time at Twitter and find somebody else to run Twitter over time.
More than a month later, he tweeted in December: I will resign as CEO as soon as I find someone foolish enough to take the job. The pledge came after millions of Twitter users asked him to step down in a Twitter poll the billionaire himself created and promised to abide by.
In February, he told a conference he anticipated finding a CEO for San Francisco-based Twitter probably toward the end of this year.
Shares of Tesla rose about 2% Thursday after Musk made the announcement. Shareholders of the electric car company have been concerned about how much of his attention is being spent on Twitter.
Last November, he was questioned in court about how he splits his time among Tesla and his other companies, including SpaceX and Twitter. Musk had to testify in the trial in Delawares Court of Chancery over a shareholders challenge to his potentially $55 billion compensation plan as CEO of the electric car company.
Musk said he never intended to be CEO of Tesla, and that he didnt want to be chief executive of any other companies either, preferring to see himself as an engineer. Musk also said at the time that he expected an organizational restructuring of Twitter to be completed in the next week or so. Its been nearly six months since he said that.
Musk's tenure at Twitter's helm has been chaotic, and he's made various promises and proclamations he's backtracked or never followed up on. He began his first day firing the company's top executives, followed by roughly 80% of its staff. He's upended the platform's verification system and has scaled back content moderation and safeguards against the spread of misinformation.
Bantering with Twitter followers late last year, Musk expressed pessimism about the prospects for a new CEO, saying that person must like pain a lot to run a company that has been in the fast lane to bankruptcy.
No one wants the job who can actually keep Twitter alive. There is no successor, Musk tweeted at the time.
Continued here:
Elon Musk says he's found a woman to lead Twitter as new CEO - BNN Bloomberg
- Elon Musk: The TSLA stock price is too high in my opinion - ForexLive [Last Updated On: May 1st, 2020] [Originally Added On: May 1st, 2020]
- Elon Musk Demands COVID-19 Restrictions Be Lifted: Give People Their Freedom Back! - Consequence of Sound [Last Updated On: May 1st, 2020] [Originally Added On: May 1st, 2020]
- Trevor Noah Unlocks The Mysteries Of Apple Phones, Elon Musk, And Trumps Twitter - Deadline [Last Updated On: May 1st, 2020] [Originally Added On: May 1st, 2020]
- A lot of exciting news: Elon Musk reveals just how far ahead of the game Tesla is now - The Driven [Last Updated On: May 1st, 2020] [Originally Added On: May 1st, 2020]
- Coronavirus has Elon Musk acting like just another used car salesman - The Guardian [Last Updated On: May 1st, 2020] [Originally Added On: May 1st, 2020]
- How Elon Musk Became Elon Musk: Elon Musk's Early Years [Last Updated On: May 1st, 2020] [Originally Added On: May 1st, 2020]
- Elon Musk | SpaceX [Last Updated On: May 1st, 2020] [Originally Added On: May 1st, 2020]
- Elon Musks 42,000 StarLink Satellites Could Just Save The ... [Last Updated On: May 1st, 2020] [Originally Added On: May 1st, 2020]
- Elon Musk | Biography & Facts | Britannica [Last Updated On: May 1st, 2020] [Originally Added On: May 1st, 2020]
- Is Grimes' relationship with Elon Musk distracting us from her musical brilliance? - Happy Mag [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Tesla patents a new battery cell that Elon Musk hypes as way more important than it sounds - Electrek [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Elon Musk and Grimes' Baby Tops This Week's Internet News Roundup - WIRED [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Grimes Shares the First Video of Elon Musk Holding Baby X - HarpersBAZAAR.com [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Go read this Wall Street Journal story about Elon Musks personal finances - The Verge [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- What would Elon Musk name you? This website may have the answer - Hindustan Times [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Nobody tells Elon Musk what to do. Maybe that's the problem - San Francisco Chronicle [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Elon Musk has a complex relationship with the A.I. community - CNBC [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Elon Musk appears to be selling more California properties after pledging to 'own no house' - CNBC [Last Updated On: May 14th, 2020] [Originally Added On: May 14th, 2020]
- Elon Musk and Grimes had to change their baby's name -- a bit - KPTV.com [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Elon Musk got the title of real-life Iron Man after his assistance in Marvel films - Geo News [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Elon Musks SpaceX Commissioned a Street Artist to Create Indestructible Gold Paintings as Dcor for Its First Trip to the International Space Station -... [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- SpaceX Starlink: Do the costs of Elon Musks ambitious plan outweigh its benefits? - Scroll.in [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Elon Musk's SpaceX is hiring: Take a look at some of the positions - Fox Business [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Elon Musk wants you to read this story about one of the biggest medical and economic blunders of all time - MarketWatch [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Elon Musk is polluting the skies with SpaceXs thousands of satellites - MarketWatch [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Of course billionaires like Elon Musk love outer space. The Earth is too small for their egos - The Guardian [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Elon Musk's big day gets scuttled by clouds, and four other business stories you need to read today - CNN [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Tired of the Mess Earth is in? Billionaires Elon Musk, Jeff Bezos Are Readying Outer Space for You to Liv... - News18 [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- SpaceX founder Elon Musk in 2012: "I would have to be insane if I thought the odds were in my favor." - 60 Minutes - CBS News [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Who is Elon Musk, and what made him big? - DW (English) [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- How Elon Musk took SpaceX from an idea to the cusp of making history - USA TODAY [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Elon Musk: Enduring Truths And New Lessons From An American Pioneer - Forbes [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Elon Musk is tech Covidiot No. 1 during coronavirus pandemic [Last Updated On: June 1st, 2020] [Originally Added On: June 1st, 2020]
- Croatia's Elon Musk Launched an Electric Mountain Bike, and It's Insane - Gear Patrol [Last Updated On: June 13th, 2020] [Originally Added On: June 13th, 2020]
- A midnight tweet from Elon Musk was presented as groundbreaking, but it was merely stating the obvious about cannabis - The GrowthOp [Last Updated On: June 13th, 2020] [Originally Added On: June 13th, 2020]
- Here's how to find out when Elon Musk's SpaceX may provide you with satellite internet - CNBC [Last Updated On: June 13th, 2020] [Originally Added On: June 13th, 2020]
- Elon Musk's tunnel project hit a milestone. But the future is unclear. - CNN [Last Updated On: June 13th, 2020] [Originally Added On: June 13th, 2020]
- Column: Tesla's reluctant commitment to cobalt a warning to others - Andy Home - Reuters [Last Updated On: June 24th, 2020] [Originally Added On: June 24th, 2020]
- Why Intelligent Minds Like Elon Musk and Steve Jobs Embrace the Rule of Awkward Silence - Inc. [Last Updated On: June 24th, 2020] [Originally Added On: June 24th, 2020]
- Titletown to Teslatown? Brown County reaches out to Tesla's Elon Musk - WBAY [Last Updated On: June 24th, 2020] [Originally Added On: June 24th, 2020]
- Elon Musk Bitcoin vanity addresses used to scam users out of $2 million - ZDNet [Last Updated On: June 24th, 2020] [Originally Added On: June 24th, 2020]
- Artist turns Elon Musks viral tweets into illustrations that are now part of a colouring book - The Indian Express [Last Updated On: June 24th, 2020] [Originally Added On: June 24th, 2020]
- Elon Musk Is Attempting to Revolutionize HVAC Systems - ACHR NEWS [Last Updated On: June 24th, 2020] [Originally Added On: June 24th, 2020]
- How to land a job at Elon Musk's SpaceX, according to the rocket company's software team - CNBC [Last Updated On: June 24th, 2020] [Originally Added On: June 24th, 2020]
- Leaked Elon Musk Email, Plus Tesla Firmware 2020.24.6 and Texas Gigafactory Hearing - TheStreet [Last Updated On: June 24th, 2020] [Originally Added On: June 24th, 2020]
- A reflection in a photo of Elon Musk and Kanye West appears to show Grimes taking the picture - Insider - INSIDER [Last Updated On: July 4th, 2020] [Originally Added On: July 4th, 2020]
- Elon Musk hits out over Ghislaine Maxwell picture - 'someone is pushing this' - Daily Star [Last Updated On: July 4th, 2020] [Originally Added On: July 4th, 2020]
- Is Elon Musk a Republican? - Fox Business [Last Updated On: July 4th, 2020] [Originally Added On: July 4th, 2020]
- In college, Elon Musk thought these 5 things would change the world - CNBC [Last Updated On: July 4th, 2020] [Originally Added On: July 4th, 2020]
- Meet brain coach hired by Tesla, SpaceX CEO Elon Musk and his three tips to speed up memory - The Financial Express [Last Updated On: August 19th, 2020] [Originally Added On: August 19th, 2020]
- SpaceX Increases Latest Funding Round to $2 Billion - Bloomberg [Last Updated On: August 19th, 2020] [Originally Added On: August 19th, 2020]
- Check Out All Three Telling Elon Musk Interviews With Automotive News - InsideEVs [Last Updated On: August 19th, 2020] [Originally Added On: August 19th, 2020]
- Bill Gates, Elon Musk, Jeff Bezos and the rest of the Oligarchic Dozen just reached a disturbing milestone - MarketWatch [Last Updated On: August 19th, 2020] [Originally Added On: August 19th, 2020]
- How Tesla and SpaceX CEO Elon Musk spends his billions - CNBC [Last Updated On: August 19th, 2020] [Originally Added On: August 19th, 2020]
- Who's the richest tech boss? From Jeff Bezos to Elon Musk and Bill Gates - Evening Standard [Last Updated On: August 20th, 2020] [Originally Added On: August 20th, 2020]
- Elon Musk to add internet icon and Spokane native Keyboard Cat to Tesla Music app - KREM.com [Last Updated On: August 20th, 2020] [Originally Added On: August 20th, 2020]
- Tesla dating app created for owners are obsessed with Elon Musk - Business Insider - Business Insider [Last Updated On: August 20th, 2020] [Originally Added On: August 20th, 2020]
- Elon Musk promises demo of a working Neuralink device on Friday - The Verge [Last Updated On: August 26th, 2020] [Originally Added On: August 26th, 2020]
- Sports Betting with Cryptocurrency is Going Like an Elon Musk Rocket to the Sky - The Game Haus [Last Updated On: November 29th, 2020] [Originally Added On: November 29th, 2020]
- Brit doc rivals Elon Musk, US and Russia with bid to own Mars and save world from nukes - Daily Star [Last Updated On: November 29th, 2020] [Originally Added On: November 29th, 2020]
- Elon Musk becomes the second richest man, Twitter reacts with memes. - Techstory [Last Updated On: November 29th, 2020] [Originally Added On: November 29th, 2020]
- When Melissa McCarthy had lunch with Elon Musk to talk Artificial Intelligence and left terrified - WION [Last Updated On: November 29th, 2020] [Originally Added On: November 29th, 2020]
- Why Elon Musk wont be the second richest man in the world for long - Evening Standard [Last Updated On: November 29th, 2020] [Originally Added On: November 29th, 2020]
- If you want to be successful, adopt these 5 traits of above average people like Jeff Bezos and Bill Gates - CNBC [Last Updated On: November 29th, 2020] [Originally Added On: November 29th, 2020]
- Dow crosses 30,000, and Elon Musk is richer than Bill Gates: CNBC After Hours - CNBC [Last Updated On: November 29th, 2020] [Originally Added On: November 29th, 2020]
- SpaceX plans for Starship test flight next week, which Elon Musk gives 1-in-3 odds of landing intact - CNBC [Last Updated On: November 29th, 2020] [Originally Added On: November 29th, 2020]
- SpaceX's Starship will have its first high-altitude test next week - Business Insider - Business Insider [Last Updated On: November 29th, 2020] [Originally Added On: November 29th, 2020]
- Elon Musk To Win Award In Germany For His Work In Tesla, SpaceX, Boring Company, and More - Torque News [Last Updated On: November 29th, 2020] [Originally Added On: November 29th, 2020]
- Elon Musk has overtaken Bill Gates to become the worlds second richest person - CNBC [Last Updated On: November 29th, 2020] [Originally Added On: November 29th, 2020]
- New Car Sales See Mixed Finish in December after Tumultuous Year - Car and Driver [Last Updated On: January 5th, 2021] [Originally Added On: January 5th, 2021]
- Stocks fall as trading starts for year of great expectations - Long Island Business News [Last Updated On: January 5th, 2021] [Originally Added On: January 5th, 2021]
- These Are the Cities Techies Are Really Moving To, According to New LinkedIn Data - Inc. [Last Updated On: January 5th, 2021] [Originally Added On: January 5th, 2021]
- #4 Elon Musk: This Time Autopilot Is Going To WORK! - Walter Bradley Center for Natural and Artificial Intelligence [Last Updated On: January 5th, 2021] [Originally Added On: January 5th, 2021]
- Fauci's Theater Prediction; Elon Musk, Film Producer; WandaVision - MovieMaker Magazine [Last Updated On: January 5th, 2021] [Originally Added On: January 5th, 2021]
- Twitter debates with Elon Musk, death threats after testifying before Congress: These experts in viruses are - MassLive.com [Last Updated On: January 5th, 2021] [Originally Added On: January 5th, 2021]
- Elon Musk launches Starlink space WiFi service in the UK but it costs 89 a month - The Sun [Last Updated On: January 5th, 2021] [Originally Added On: January 5th, 2021]
- Is Public Relations The Next Industry Tesla's Elon Musk Will Disrupt? - InsideEVs [Last Updated On: January 5th, 2021] [Originally Added On: January 5th, 2021]
- 'He's a risk-taker': Germans divided over Elon Musk's new GigaFactory - The Guardian [Last Updated On: January 5th, 2021] [Originally Added On: January 5th, 2021]
- Elon Musk - Forbes [Last Updated On: January 5th, 2021] [Originally Added On: January 5th, 2021]
- Elon Musk Signed A Roadster That Later Died And Was Resurrected (Videos) - CleanTechnica [Last Updated On: January 17th, 2021] [Originally Added On: January 17th, 2021]