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Elon Musk Reveals Real Intention Behind Finding New Twitter CEO

by Index Investing News
December 21, 2022
in Cryptocurrency
Reading Time: 3 mins read
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Elon Musk Twitter News: After conducting a surprise poll on whether he should continue as Twitter CEO, Elon Musk revealed his real intention behind finding a new face to lead the company. Earlier, reports suggested that the billionaire was already in the hunt for his replacement. It may be recalled that Musk had fired former CEO Parag Aggarwal among others as his first official act since taking over as the company head. It remains to be seen how his favorite cryptocurrency Dogecoin (DOGE) will perform if someone replaces Musk.

Also Read: Solana (SOL) Price: Biggest Hurdle For Recovery Amid FTX Effect

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Software And Servers

In a reaction to the Twitter poll on his leadership, Musk said he will still have some oversight on the company even if someone takes charge as new CEO. In line with his aggressive approach in leading the social media company, Musk said he would like to lead the software and servers teams. This is regardless of if he continues to be the CEO or not. Also, it will be interesting to see how soon would Musk be able to find his replacement. It may be recalled that he said his role as Twitter CEO would be temporary.

“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.”

Also Read: Bitcoin Price Prediction: Crypto And On-Chain Analysts Dismiss Santa Claus Rally

Should I step down as head of Twitter? I will abide by the results of this poll.

— Elon Musk (@elonmusk) December 18, 2022

The discussion around new Twitter CEO came after Musk said he would abide by the poll results on whether he should step down as CEO. Meanwhile, the DOGE price is currently trading at a monthly low range. As of writing, DOGE price stands at $0.07382, up 0.33% in the last 24 hours, according to price tracking platform CoinMarketCap.

Also Read: Here’s How Much Your $1000 Investment In Ethereum Classic Will Be Worth If ETC Hits $100

Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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