Billionaire Elon Musk stated on Tuesday he’ll step down as leader government of Twitter Inc as soon as he unearths a replacement, however will nonetheless run a few key divisions of the social media platform.

I will surrender as CEO as quickly as I locate a person silly sufficient to take the activity! After that, I will simply run the software & servers teams,” Musk wrote on Twitter.

I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams.

— Elon Musk (@elonmusk) December 21, 2022

Musk`s $forty four billion takeover of Twitter in October has been marked with the aid of using chaos and controversy, with a few buyers thinking if he’s too distracted to additionally well run his electric powered car automaker Tesla Inc , wherein he’s for my part worried in manufacturing and engineering.

This is the primary time Musk has stated stepping down as leader of the social media platform, after Twitter customers voted for him to surrender in a ballot , which the billionaire released on Sunday evening.

In the ballot , 57.five% of round 17.five million human beings voted “yes.” Musk had stated on Sunday he might abide with the aid of using the outcomes. He has now no longer supplied a time body for whilst he’ll step down and no successor has been named.

The ballot outcomes capped a whirlwind week that blanketed adjustments to Twitter’s privateness coverage and the suspension – and reinstatement – of journalists’ money owed that drew condemnation from information organizations, advocacy organizations and officers throughout Europe.

Wall Street requires Musk to step down have been developing for weeks and these days even Tesla bulls have puzzled his consciousness at the social media platform and the way it would distract him from jogging the EV maker.

Musk has himself stated he had an excessive amount of on his plate, and that he might search for a Twitter CEO. He stated on Sunday, though, that there has been no successor and that “no person needs the activity who can certainly hold Twitter alive.”