Good news, Tesla investors!
In a tweet today, Elon Musk shared that Twitter, well, his new parent company X Corp.(opens in a new tab) i.e. it has hired a new CEO who will start in 6 weeks.
“Excited to announce that I’ve hired a new CEO for X/Twitter,” Musk tweeted Thursday. “She starts in 6 weeks!”
The tweet may have been deleted
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Now, remember, this is Elon Musk. Six weeks could come and go and I could still be the CEO of Twitter. But let’s go with the scenario that he actually hired a new CEO and take his announcement from there.
Musk did not reveal who the CEO is. However, based on the pronoun(opens in a new tab) that Musk used in his tweet, it appears the Twitter owner has hired a woman for the role.
Who that could be is anyone’s guess! It may have stolen crypto evangelist Cathie Wood from her role as CEO at investment firm Ark Invest. Musk recently called her “great(opens in a new tab)” on Twitter. Or maybe he hired Islamophobic conspiracy theorist and far-right activist Laura Loomer, who recently. interacted(opens in a new tab) with on Twitter. Heck, it could even be his musician ex-girlfriend Grimes!
What matters, at least for Tesla investors, is that it was found someone. Musk’s electric car maker hasn’t fared too well in the stock market since Tesla CEO Musk also became Twitter CEO Musk. Some Tesla investors argued that Musk was abandoned in his role at the car company.
Tesla stock was trading around $228 when Musk officially acquired Twitter. It fell to $101 earlier this year. It has hovered around $160 for the past few weeks. When Musk posted the news on Twitter, the price quickly rose to over $172.
The tweet may have been deleted
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by Musk announcement(opens in a new tab) it comes nearly five months after his Twitter poll asking the platform’s users whether he should step down as the company’s CEO. More than 17.5 million users voted and 57.5% said he should resign. Musk tried to steer clear of commenting on the survey in recent months, even going so far as to say claiming(opens in a new tab) he honored the results by appointing his dog Floki as CEO.
As for Musk’s future with Twitter, he says he will continue as executive chairman and CTO, the latter mentioned(opens in a new tab) he did so in December just after his Twitter survey ended.
“My role will transition to executive chairman and CTO, overseeing products, software and sysops,” he said in his tweet today.
But let’s be honest here. It’s still Musk’s Twitter. He doesn’t just stay, he owns it! And now Twitter is a private company controlled by Musk. So he’ll still be calling the shots regardless of who the new CEO is.
Elon Musk, the influential billionaire and founder of Tesla and SpaceX, is making waves with a bombshell announcement that he claims Twitter has hired a new CEO, but isn’t revealing who she is. Although speculation is rampant and many names have been mentioned as potential suitors for the job, Twitter has so far been silent about the mysterious hire.
Ikaroa is excited to hear about the news, as we firmly believe in the power of technology and the positive possibilities it can bring to all aspects of our lives. We look forward to seeing the direction the new CEO will lead Twitter in and how they will foster innovation and growth both within the company and tech community as a whole. We hope that the new CEO will be able to channel Musk’s enthusiasm for discovery and creativity and have the ability to use Twitter as a platform for industry disruption. We are eager to see what the new CEO will bring to the table – and excited for Twitter to reach new, never before seen heights.
The hiring of a new CEO is an indication that Twitter is ready to embark on a new era of success and Ikaroa congratulates the new leader, whoever they may be, on this exciting career opportunity and wishes them every success in the world of tech.
