Elon Musk bought Twitter after a months-long legal battle. What followed is the epitome of chaos and mismanagement. The billionaire laid off nearly half of its employees, introduced new policies, and unbanned controversial figures. All these moves haven’t been received well.
Several advertisers also started distancing themselves from the platform after the acquisition. Now, it seems that the SpaceX founder is planning to step down as Twitter’s chief. He recently tweeted about his plans. Let’s find out what Musk said on this matter.
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Elon Musk Talks About Stepping Down As Twitter CEO
Musk’s tenure as the Twitter chief has been filled with drastic moments day in and day out. All the drama piling up, accompanied by financial losses, is maybe taking a toll on the billionaire.
On Tuesday, Musk took to Twitter to talk about stepping down as the company’s CEO. “I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams,” he wrote.
I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams.
— Elon Musk (@elonmusk) December 21, 2022
Even if Musk decides to step down as the CEO, he will have control over the micro-blogging site. This is because he finalized the deal to buy it for $44 billion after a long legal battle. In the past, he has expressed his interest in hiring a permanent CEO for Twitter.
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Musk Conducted A Poll Over His Twitter Ownership
On December 19, Musk conducted a poll asking users, “Should I step down as head of Twitter? I will abide by the results of this poll.” In the poll, over 57.6 percent of users said Yes and around 42.4 percent clicked on No.
It received nearly 17 million votes. Musk responded with “interesting” after users pointed out that the poll was skewed by votes from fake profiles. “Blue subscribers should be the only ones that can vote in policy related polls”, a user said. Musk tweeted in response, “Good point. Twitter will make that change.”
The South African billionaire has been receiving a lot of flak lately for banning journalists on the platform who were critical of him.
Read More: Why Elon Musk Is Restricting Content From Other Platforms?
