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

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

Twitter proprietor Elon Musk has instructed that he may go the baton because the tech big’s chief government by the tip of this yr.

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

“I believe I must 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 mentioned 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 direction of the tip of this yr can be good timing” as he expects the corporate to be in a steady place by then.

In December, Musk mentioned 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 a number of journalists he accused of doxing him and his family.

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 precious communication device regardless of the latest difficulties.

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

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

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