Thursday, 21 August 2025, 1:50 pm
Twitter boss, Elon Musk revealed he’s hired a woman to take over from him as the new chief executive officer.
Musk, who bought Twitter in October 2022, tweeted: ‘Excited to announce that I’ve a new CEO for X/Twitter. She will be starting in ~6 weeks!
‘My role will transition to being exec chair & CTO (chief technology officer), overseeing product, software & sysops.’
Musk has not yet revealed the identity of his new CEO. He has slashed around 70 percent of Twitter’s staff since buying the firm for $44 billion, including its entire executive team.
Musk is also the CEO of Tesla and rocket maker SpaceX.
Shortly after the announcement, Tesla’s shares reportedly jumped more than 2 percent, in a sign that investors were pleased about the move.
A group of shareholders publicly urged the board in April to ensure that Musk dedicated more time to the company.
The letter said they had become ‘increasingly concerned with governance and leadership issues at the company.’
Discover more from NaijaWide
Subscribe to get the latest posts sent to your email.
Last updated: Just Now
See All Latest Nigerian Music Right Now!!!
Share On:
MORE ON: Elon Musk
Top 10 Hottest SongsMusic DJ Tobzy Imole Giwa – ZonTo Dance Beat
Music Fela 2 – Kay U Way
Music Saidaboj – Oops
Music Koko Pee – Chairman
Music Koko Pee – 3Toto
Music Koko Pee – Made From Pain
Music Koko Pee – Where the Money Dey ft. Don Jazzy
Music Koko Pee – Not For Me
Music Koko Pee – Shine Na II ft. JeriQ
Music Koko Pee – Shine Na