Elon Musk will resign as Twitter CEO but will stay on as head of software & servers teams
Elon Musk has confirmed that he will resign as CEO of Twitter following a poll on Monday in which 57% percent of over 17 million voters asked Musk to step down, confirming today that he will search for “someone foolish enough to take the job” in his place.
Taking to Twitter on Wednesday, Musk said although he will step down as the CEO of the social network, he will remain as the head of the platform’s software & servers teams.
Elon Musk became the owner and CEO of Twitter on October 27, 2022, after acquiring the social media company for $44 billion.
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
Since taking over Twitter, Musk has seen many advertisers withdraw their spend as the social network goes fairly turbulent times including mass staff layoffs, a push to move users to the service’s pay-monthly subscription service, and changes to the platform’s verification system, which allowed any user to show a blue verification badge on their profile without prior ID checks.
As the head of software & servers, it is unclear how much creative control Musk will have over Twitter’s future product updates and feature releases.