Elon Musk Announces New Twitter CEO

Twitter CEO Elon Musk has said he has found a new leader – however who that person is remains unknown.

In a tweet by Musk on Friday morning (AEST), he said “she” will be starting in the position in six weeks.

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“Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!” the tweet said.

“My role will transition to being exec chair & CTO, overseeing product, software & sysops.”

The announcement comes after Musk said back in November he would reduce his time at the social media platform and eventually find a new leader.

It’s expected the announcement will relive Telsa investors’ concerns, who voiced they were worried about the amount of time Musk spent changing Twitter.

Tesla shares rose 2.4 per cent in trading volume when Musk made the tweet.

Musk acquired the CEO position in October after firing Twitter’s then CEO, Parag Agrawal, with his tenure in the role causing controversy over changes made to the platform. 

He unbanned the accounts of Donald Trump and Andrew Tate and rolled out the failed Twitter Blue – a variety of new policies for verified accounts.

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