Elon Musk announced on Twitter he has found a new CEO, as he will transition to CTO and Executive Chair. He did not say who, but that she will be taking over in around 6 weeks..This comes a few months after he bought Twitter for $43 Billion. In that time, Twitter has dropped in valuation to hovering around the $20 Billion range..It has been rumored that Musk would make some form of transition and change, suspected to be a new COO, but this is the first that has been announced he would step down from CEO..When we find out more on who, we will give more information.
Elon Musk announced on Twitter he has found a new CEO, as he will transition to CTO and Executive Chair. He did not say who, but that she will be taking over in around 6 weeks..This comes a few months after he bought Twitter for $43 Billion. In that time, Twitter has dropped in valuation to hovering around the $20 Billion range..It has been rumored that Musk would make some form of transition and change, suspected to be a new COO, but this is the first that has been announced he would step down from CEO..When we find out more on who, we will give more information.
