Elon Musk to step down as head of Twitter after millions voted against him
by ebor cletus ralph jr
Following a vote by millions of Twitter users, Elon Musk announced he will step down as the company’s CEO.
Should I resign as Twitter’s CEO? I’ll follow the poll’s findings,” he tweeted on Sunday night.
In the 12-hour election, more than 17 million individuals participated, with the majority choosing “Yes.”
He tweeted, “As they say, be cautious what you wish for, for you just could get it.
Since Mr. Musk asserts that “no one wants the position who can genuinely keep Twitter alive,” it is unclear who the successor will be.
Lex Fridman, a computer scientist and podcast broadcaster, was one among many offering his talents.
“Let me run Twitter for a bit,” he tweeted to Musk on Sunday night. “No salary. All in. Focus on great engineering and increasing the amount of love in the world. Just offering my help in the unlikely case it’s useful.”
Mr Musk, who has appeared on Mr Fridman’s podcast multiple times, responded: “You must like pain a lot. One catch: you have to invest your life savings in Twitter and it has been in the fast lane to bankruptcy since May. Still want the job?”
It brings an end to a controversial reign as the boss of the social media firm, acquired it in a $44 billion deal in October.
Musk remains the majority stakelholder and owner of the platform.
“Even if he steps down as CEO, Musk will still be pulling the strings at Twitter, that much is for sure,” Jukka Väänänen, CEO of the PR platform Newspage, told The Independent.
“Whether you believe Musk is genuinely aspiring to create a digital town square, or is turning Twitter into a 1970s banana republic, truth is it’s Musk’s gig and he’s going nowhere.”
