'Good Time To Find Someone Else' Elon Musk Expects To Appoint New Twitter CEO By The End Of This Year

Shortly after tweeting to introduce his pet dog as the new Twitter CEO, Elon Musk revealed on the same day that he expects to find a CEO for Twitter soon.

Billionaire Musk, who is on the verge of reclaiming the title of world's richest person, stated in a video conference at the World Government Summit in Dubai that the platform's functionality is the most important thing to him.

"Good Time To Find Someone Else"

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When Musk was asked about when he'd name a CEO and he said, "I think I need to stabilize the organization and make sure it's in a financially healthy place...I'm guessing probably toward the end of this year would be good timing to find someone else to run the company."

"Twitter is still somewhat a startup in reverse," he said, as per a New York Post report.

"There's work required here to get Twitter to sort of a stable position and to really build the engine of software engineering."

Earlier this month, Musk said that the past three months have been "extremely tough" as he "had to save Twitter from bankruptcy" while also fulfilling his duties at Tesla and SpaceX.

Also Read: List Of Companies Co-Founded/Headed By Elon Musk

"Extremely Tough 3 Months"

Last 3 months were extremely tough, as had to save Twitter from bankruptcy, while fulfilling essential Tesla & SpaceX duties. Wouldn¡¯t wish that pain on anyone.

Twitter still has challenges, but is now trending to breakeven if we keep at it. Public support is much appreciated!

¡ª Elon Musk (@elonmusk) February 5, 2023

Taking to his official Twitter handle earlier this month, Musk said that the microblogging site continues to have challenges.

Elon Musk had tweeted, "Last 3 months were extremely tough, as had to save Twitter from bankruptcy while fulfilling essential Tesla & SpaceX duties."

"Wouldn't wish that pain on anyone. Twitter still has challenges but is now trending to break even if we keep at it. Public support is much appreciated!". He tweeted in response to The Wall Street Journal's news article.

"Don't Want To Be The CEO Of Any Company"

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In November last year, Elon Musk, who is the CEO of Tesla, SpaceX, and Twitter at present, said that he did not want to be the CEO of any company.

He made that comment during a testimony at a trial in the US, saying, "I frankly don't want to be the CEO of any company," adding, "At SpaceX, it's really that I'm responsible for the engineering of the rockets and Tesla for the technology in the car that makes it successful. So, CEO is often viewed as somewhat of a business-focused role, but in reality, my role is much more that of an engineer developing technology and making sure that we develop breakthrough technologies and that we have a team of incredible engineers who can achieve those goals."

Also Read: Elon Musk Launches Poll Asking If He Should Step Down As Twitter CEO, Says Will Abide By The Results

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