Elon Musk says that he might step down as Twitter CEO by the end of 2023

"I think I need to stabilise the organisation and just make sure it's in a financially healthy place and that the product roadmap is clearly laid out," said Musk.

Published: Feb 15, 2023, 08:05 PM IST

Story Highlights

"I think I need to stabilise the organisation and just make sure it's in a financially healthy place and that the product roadmap is clearly laid out," said Musk.
Musk that he does not want to be the CEO of Twitter or Tesla.
On Dec. 21, Musk said on Twitter that he would resign as its chief executive "as soon as I find someone foolish enough to take the job!"

Twitter Chief Executive Elon Musk said on Wednesday that towards the end of 2023 would be “good timing” to find someone else to run Twitter, when he expects the social media platform to be stable.

Elon Musk's X Launches XChat For All Users With Security Features And New Tools

Elon Musk talks about stepping down as Twitter CEO

“I think I need to stabilise the organisation and just make sure it’s in a financially healthy place and that the product roadmap is clearly laid out,” said Musk, speaking virtually at the World Government Summit in Dubai, when asked if he had identified a new Twitter CEO and when that person would be hired.

Elon Musk’s xAI Launches Grok Code Fast 1 With Agentic Coding Abilities, Free For A Week

“I’m guessing towards the end of this year should be a good timing to find someone else to run the company.”

READ MORE
Did Elon Musk And Mark Zuckerberg Secretly Plan A $97B ChatGPT Bid? OpenAI Wants Meta To Answer

Elon Musk is aiming to find his successor to lead Twitter as CEO toward the end of 2023 https://t.co/YrU1KsPkpO via @BloombergTV pic.twitter.com/KXp0zBOSDl

— Bloomberg Technology (@technology) February 15, 2023

“I don’t know, I’m guessing probably towards the end of this year would be good timing to find someone else to run the company, because I think it should be in a stable position around, you know, at the end of this year,” he said.

Musk that he does not want to be the CEO of Twitter or Tesla.

“I frankly don’t want to be the CEO of any company. At SpaceX, it’s really that I’m responsible for the engineering of the rockets and Tesla for the technology in the car that makes it successful,” he said.

“So, CEO is often viewed as somewhat of a business-focused role, but in reality, my role is much more that of an engineer developing technology and making sure that we develop breakthrough technologies and that we have a team of incredible engineers who can achieve those goals,” Musk elaborated.

On Dec. 21, Musk said on Twitter that he would resign as its chief executive “as soon as I find someone foolish enough to take the job!”

He added that he would “just run the software & servers teams”.

Musk ran a poll on the social media platform days earlier on whether he should step down as Twitter CEO, in which a majority of respondents said he should.