Elon Musk will leave the post of Twitter CEO, woman will take charge of the company

Twitter is finally going to get a new CEO after a long time. On Thursday, Twitter’s current CEO Elon Musk said that he has found a new CEO for the social media platform. Although he hasn’t revealed her name, but according to Musk’s tweet, it’s going to be a woman.

Twitter’s new CEO has arrived

Musk said in a tweet that “I am very excited to announce that X/Twitter A new CEO has been found. She’ll be starting in 6 weeks!” Musk said he would step down as CEO and serve as executive chairperson and CTO of Product, Software and Sysops.

Tesla will get a boost

It would not be wrong to say that with this step of Musk Tesla Investors are likely to be relieved, as Musk continued to devote a lot of his time to Twitter. Apart from this, Musk also runs a rocket company SpaceX. Tesla shares rose 2.4 percent in a volume spike following the news.

Musk said in November that he was looking for a CEO to run the social media company to reduce his time on Twitter, although he had never before named a candidate.

Twitter had changed

The Tesla owner and billionaire made a rapid first two weeks as the new Twitter CEO in October. He first removed the then Twitter CEO Parag Agarwal and other senior officials from their posts. Then in November, about half of Twitter’s employees were fired.

Elon Musk Said they bought Twitter to prevent it from becoming a hub of hate and divisiveness. He also said that he would eliminate spam bots on Twitter.

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