Twitter CEO Elon Musk is stepping down from his role at the helm of Twitter, he announced on Thursday afternoon.
Musk took over the social media platform in a highly scrutinized purchase last October, when he bought it for $44 billion and immediately implemented controversial changes such as eliminating much of the platform’s staff and reinstating many of the platform’s previously banned users, such as Donald Trump.
Musk has contemplated a shift in Twitter leadership since late December, when he published a poll on Twitter asking the platform’s users if he should step down as CEO. Musk promised to “abide by the results” of the poll. More than 57 percent of respondents said he should step down.
Muhammed Selim Korkutata/Anadolu Agency/Getty
On Thursday, Musk tweeted: “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks! My role will transition to being exec chair & CTO, overseeing product, software & sysops.”
Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!
My role will transition to being exec chair & CTO, overseeing product, software & sysops.
— Elon Musk (@elonmusk) May 11, 2023
Musk didn’t name the new CEO in his tweet, which had been viewed more than 2 million times as of 4 p.m. ET.
Newsweek has reached out to Twitter by email for comment.
This is a developing story and will be updated as more information becomes available.
