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DUBAI, Emirates Arabes Unis — Elon Musk, a billionaire, stated on Wednesday that he expects to find a CEO for Twitter “probably by the end of the year.”
Musk stated via video conference to the World Government Summit in Dubai that ensuring the platform’s functionality remained his top priority.
When asked when he would appoint a CEO, Musk responded, “I believe I need to stabilize the organization and ensure that it is financially sound.” “I estimate that the end of this year would be a good time to find a new leader for the company.”
Musk, 51, initially amassed riches through the financial website PayPal, before establishing the spaceflight business SpaceX and the electric vehicle company Tesla. In recent months, greater focus has been placed on the turbulence surrounding his $44 billion acquisition of the microblogging website Twitter.
The Ukrainian military’s deployment of Musk’s satellite internet service Starlink to protect against Russia’s ongoing assault has placed Musk intermittently at the heart of the conflict.
Musk gave a 35-minute speech that touched on the billionaire’s anxieties regarding artificial intelligence, the breakdown of civilisation, and the prospect of extraterrestrial invaders. Musk presented Tesla and SpaceX as able to exist without his direct, day-to-day engagement. However, questions regarding Twitter continued to arise as he explained that both companies could function without his direct, day-to-day involvement.
“Twitter is still somewhat of a reverse startup,” he remarked. Twitter must be stabilized and the foundation of software engineering must be laid before it can be considered stable.
Musk also attempted to frame his takeover of Twitter’s San Francisco headquarters as a cultural corrective.
“I think the general idea is to reflect the values of the people as opposed to imposing the values of San Francisco and Berkeley,” he added. “San Francisco and Berkeley represent a niche ideology in comparison to the rest of the world.” I believe that Twitter was trying a little too hard to impose a niche.
Forbes estimates Musk’s net worth to be somewhat less than $200 billion. Forbes rates Musk as the second-wealthiest person in the planet, only after French luxury brand billionaire Bernard Arnault.
»Elon Musk anticipates becoming Twitter’s CEO by the end of 2023«
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