At an international summit in Dubai, Elon Musk returned the succession of power to Twitter. You will have to be patient.
In 2022, after his highly publicized takeover of Twitter, Elon Musk took full control of the platform to give it a new direction. In particular, he decided to fire many people in the company, recover banned accounts and cut off access to Twitter to people he considered embarrassing.
The successive and sudden changes of Twitter, of course, have mainly had the effect of constantly creating controversy around Elon Musk. For example, when he suddenly decides that he will no longer be allowed to talk about other social networks on his platform, for fear of Mastodon’s rise.
This all leads to a Twitter poll launched by Elon Musk in December 2022, where the businessman asked his fans if he should step down as CEO of Twitter. Having won the yes very logically, Elon Musk had to leave his position in principle. Several months later, he is still there and he is not going to change.
A new boss for 2024
During a summit in Dubai, the businessman was able to talk about this kind of boss for the social network: “JI think towards the end of the year it will be a good time to find someone else to run the company. “. We have seen faster changes in the management of large companies. In other words, we can estimate that he chose to completely ignore the result of his own survey. In fact, we can imagine that Elon Musk has always envisioned a change in direction approximately 1 year after his inauguration Time for the billionaire to tire of the anguish of managing a social network.
In the meantime, Elon Musk should continue to sideline Tesla, a concern expressed by many of the company’s shareholders. Before handing over to the Twitter address, he believes that he ” You must stabilize the organization and ensure that it is financially sound and that the product roadmap is clearly defined ».
To imagine that Twitter will achieve some form of financial stability by the end of 2023 seems very ambitious today. The social network has lost much of its advertising revenue since the takeover bid, and Twitter Blue’s subscription is struggling to convince.
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