Elon Musk actively searching for a new Twitter CEO, sources say

Elon Musk’s Twitter page seen on mobile with his poll to step down as head of Twitter

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Twitter owners and executives Elon Musk is looking for a new company executive, sources told CNBC’s David Faber.

Musk, who acquired the company for $44 billion in October, previously said his CEO position will be temporary. Going to court in November, Musk said, “I hope to reduce my time at Twitter and find someone else to run Twitter over time.” However, on Sunday, he wrote in a tweet that “there is no successor.”

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“It’s not about finding a CEO, it’s about finding a CEO who can keep Twitter alive,” he said. I wrote.

billionaire posted an unofficial poll On Sunday, Twitter users asked if he should step down as head of the company, and a majority of the 17 million respondents voted for Musk to leave his post. He said Sunday that he would stick to the poll’s results.

Twitter polls are straw polls, which means they can’t be compared to professional opinion research. Malicious bots or unauthenticated accounts can also register responses to a Twitter poll.

Sources told Faber that the search for Musk’s new CEO was ongoing and began before the Twitter poll was taken.

Musk’s takeover of Twitter has been difficult, as his leadership has led to Massive staff cutsone spike in racist hate speech, Advertisers flee or cut their spending on the platform, as well as restore previously banned accounts.

“Chief Twit”, as Musk previously called himself, declared that Twitter usage has reached an all-time high since he took over, and that the impression of hate speech has decreased.

The billionaire’s management of Twitter has raised concerns about his other business ventures.

Musk sold billions of dollars worth of assets Tesla shares this year to fund the Twitter takeover. He also has Attracting talent from Tesla, SpaceX and Boring Co., including executives, engineers and lawyers, to support him at Twitter. Musk is the CEO of Tesla and SpaceX, and the founder of Boring Co.

On Monday, Sen. Elizabeth WarrenD-Mass., Written to ‘s chair by Tesla Robyn Denholm expressed concern that Musk and the board may have violated a legal obligation to Tesla shareholders.

Legislator who has have quarreled with Musk in the past about the idea of ​​a wealth tax, asked the board to answer specific questions about Tesla’s alleged embezzlement of resources and conflicts of interest resulting from Musk’s purchase of Twitter.

In a tweet on Monday night, musk says “The United States has certainly been harmed” by letting Warren be a senator. A representative for Warren did not immediately respond to requests for comment.

Earlier this month, NASA Administrator Bill Nelson asked SpaceX President and CEO Gwynne Shotwell whether Musk’s “distractions” at Twitter might affect SpaceX’s work with the space agency. No. NBC News reported. Nelson says she reassured him that wasn’t going to happen.

Musk did not immediately respond to a request for comment.


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