Elon Musk claims he’s stepping down as Twitter CEO, will oversee item

Elon Musk claims he’s stepping down as Twitter CEO, will oversee item


An graphic of new Twitter operator Elon Musk is witnessed surrounded by Twitter logos in this image illustration in Warsaw, Poland on 08 November, 2022. 

STR | Nurphoto | Getty Visuals

Elon Musk claimed Thursday that Twitter is getting a new CEO and that he will transfer to a item and complex purpose.

Musk explained by using Twitter that the new CEO, an unnamed woman, would begin in about 6 months.

He added that he would changeover “to currently being exec chair & CTO, overseeing item, software program & sysops.”

Tesla shares jumped far more than 2% in a signal that buyers have been delighted about the move.

Musk, who is CEO of automaker Tesla and reusable rocket maker SpaceX, completed the $44 billion acquisition of Twitter on Oct. 28 and produced his mark there straight away. He fired the company’s top rated executives and laid off hundreds of workers.

This is breaking information. Be sure to check out again for updates.





Resource

Do you need a chief AI officer? Here’s how the tech is changing boardrooms
Technology

Do you need a chief AI officer? Here’s how the tech is changing boardrooms

Maskot | Digitalvision | Getty Images Since the debut of OpenAI’s ChatGPT in 2022, and the subsequent AI revolution, workers across industries have been hit by sweeping layoffs. A new report published by IBM last week, however, shows that AI is also reshaping boardrooms and how CEOs make decisions. The report says 76% of the […]

Read More
Alphabet’s 160% rally in a year reflects value of owning ‘most of the stack’ in AI
Technology

Alphabet’s 160% rally in a year reflects value of owning ‘most of the stack’ in AI

Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Alphabet briefly passed Nvidia by market cap in after-hours trading this week, a remarkable feat for a company that was seen as deeply at […]

Read More
Nvidia embraces role of AI investor, pushing past  billion in equity bets this year
Technology

Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

Nvidia founder and CEO, Jensen Huang, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026. Patrick T. Fallon | AFP | Getty Images Nvidia stepped on the gas last year, putting cash into companies up and down the AI infrastructure stack and helping […]

Read More