Elon Musk proclaims he’ll step down as Twitter CEO

Twitter chief govt officer Elon Musk has introduced that he can be transitioning to govt chair and chief know-how officer of the social media platform in roughly six weeks.

In a Might 11 tweet, Musk said he employed a brand new CEO for X Corp. — Twitter’s guardian firm — who will seemingly change him beginning in late June or early July. The unnamed lady will observe Musk, who took over the social media platform in October 2022 after completing a $44-billion acquisition.

In accordance with the soon-to-be former CEO, he’ll turn into Twitter’s govt chair and chief know-how officer, overseeing product, software program, and system operations. Musk fired former CEO Parag Agrawal upon his takeover. 

Excited to announce that I’ve employed a brand new CEO for X/Twitter. She can be beginning in ~6 weeks!

My function will transition to being exec chair & CTO, overseeing product, software program & sysops.

— Elon Musk (@elonmusk) May 11, 2023

This can be a growing story, and additional data can be added because it turns into accessible.