In Another Twist, Musk Announces He Will Resign As CEO of Twitter, But With These Stipulations

Elon Musk recently posted a poll on Twitter asking users whether he should step down as CEO or not. Apparently, he was expecting most people to say that he should, and when the poll was closed, that’s exactly what ended up happening. Musk promised to listen to the poll’s results, but with a caveat: he had to find a replacement that he deems worthy.

So how long could that take? Your guess is as good as ours, but Musk has also now mentioned that he wants to restrict these polls to only Twitter Blue users, meaning only those who are paying for a Twitter subscription. This could perhaps make it so that the results better match his preferred choices.

Musk purchased the company at a price that many considered way higher than its actual worth, and since he has been at the helm, has made dramatic changes at the company, starting with firing nearly half of the staff members.

He says that there has been increased Twitter activity since he took over, but many, even Musk supporters, have been wondering just how he will make any of these changes sustainable and make Twitter a profitable company.

Around 10 million people voted “yes” when he asked whether he should step down, but as he tweeted in response: “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 and servers teams,” this doesn’t give an exact timeframe for his actual stepping down.

Since being spotted together at the World Cup final match,  people have been wondering whether Jared Kushner could be Musk’s idea of a good replacement.

Tesla shareholders have been looking for Musk to return his focus back to the company, and it’s unclear how they would feel about his running the software and servers teams at Twitter as well. However, it seems like only time will tell how the future of the company will actually turn out.