Elon Musk says end of 2023 ‘good timing’ for new Twitter owner

Billionaire Twitter proprietor says he desires to verify the platform is in a ‘financially wholesome place’ earlier than discovering a brand new CEO.

Elon Musk speaks at the SATELLITE Conference and Exhibition on March 9, 2020, in Washington, DC.
Elon Musk has indicated Twitter may have a brand new chief govt by the top of 2023 [File: Susan Walsh/AP]

Twitter proprietor Elon Musk has urged that he may cross the baton because the tech big’s chief govt by the top of this yr.

Musk, who purchased Twitter in October for $44bn, stated on Wednesday the top of 2023 can be “good timing” to seek out another person to run the social media big.

“I believe I have to stabilise the organisation and simply make sure that it’s in a financially wholesome place and that the product street map is clearly laid out,” Musk stated throughout a digital look on the World Authorities Summit in Dubai after being requested if he had discovered a brand new CEO and when that individual can be employed.

Musk added that “in all probability in the direction of the top of this yr can be good timing” as he expects the corporate to be in a secure place by then.

In December, Musk stated on Twitter that he would step down as CEO “as quickly as I discover somebody silly sufficient to take the job!”

Musk, who additionally runs Tesla and ranks among the many world’s richest males, made the remarks after a majority of respondents voted in a Twitter ballot that he ought to resign.

Musk’s management of the platform has divided customers, with conservatives hailing his said dedication to free speech and plenty of liberals elevating issues about rising misinformation and hate speech.

Musk, a self-described free speech absolutist, has pledged to encourage a range of views on Twitter and deal with what he claims is the liberal bias that held sway underneath the platform’s earlier administration.

Since taking cost, Musk has laid off about half of Twitter’s workforce, overhauled its moderation insurance policies and restored the accounts of suspended outstanding figures together with former US President Donald Trump.

Critics have accused Musk of giving extremists open slather to spew hate speech on the platform and censoring criticism he doesn't like, together with suspending plenty of journalists he accused of doxing him and his household.

The platform has additionally skilled repeated glitches and outages underneath the billionaire tech mogul’s watch.

Talking in Dubai on Wednesday, Musk, who described his possession of Twitter as a “rollercoaster”, hailed the platform as a priceless communication device regardless of the latest difficulties.

“As a discussion board for communication, it’s nice. And I'd simply encourage extra communication … to kind of communicate in an genuine voice,” he stated.

“Generally, individuals could have another person be their kind of Twitter supervisor or one thing like that. Folks ought to simply do their very own tweets … I believe that’s the way in which to do it.”

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