Elon Musk to Step Down as Twitter CEO: What’s Next for X Corp?

Elon Musk’s Next Chapter

In a move that seems to perfectly encapsulate the unpredictable world of social media, Elon Musk recently announced his shift from CEO of Twitter (now known as X Corp) to the role of executive chair and chief technology officer. This transition is set to occur in about six weeks, allowing him to focus deeper on products, software, and operational systems.

The Mystery CEO

Musk made headlines on May 11 with a tweet declaring he has hired a new CEO for X Corp—the unnamed woman is expected to take the reins by late June or early July. Speculation and intrigue abound; Twitter users are wracking their brains to figure out who she might be, with suggestions ranging from a mystery celebrity to, oddly enough, Musk himself in a wig.

History in the Making

Elon’s journey with Twitter began in October 2022 after his monumental $44 billion acquisition. Since then, he has made headlines for a plethora of controversial decisions, each sparking debates and memes alike. From firing former CEO Parag Agrawal (who took over from co-founder Jack Dorsey) to enacting a dramatic overhaul of the platform’s verification system, Musk has certainly made his mark.

A Rollercoaster Tenure

Policy Changes: Musk sought to inject new life into Twitter with policies that left many scratching their heads—most famously, changing the platform’s logo to Dogecoin’s symbol. Who knew a meme could fuel a corporate identity crisis?
Layoffs: His tenure wasn’t short on drama, with multiple rounds of layoffs that created shockwaves throughout the tech industry.

Looking Ahead

As Musk transitions to his new role overseeing product and system operations, many are left wondering what the future holds for Twitter/X Corp. Will he maintain his penchant for change, or will the new CEO usher in a more stable era? As Musk remains busy with his other ventures such as SpaceX and Tesla, speculation is ramping up about his next big move in the tech landscape.