Elon Musk, the CEO of SpaceX and Tesla, has announced that he has hired a new CEO for Twitter. In a tweet, Musk revealed that the new CEO is a woman who will be starting in about six weeks.
Musk did not reveal the name of the new CEO, but his tweet was met with excitement and speculation from Twitter users. Musk’s tweet comes after Twitter’s former CEO, Jack Dorsey, stepped down from the role in November 2021.
Twitter’s stock price jumped nearly 3% in after-hours trading following Musk’s announcement.
Musk has been a prolific Twitter user, with nearly 66 million followers, and his tweets have been known to cause a stir in the stock market. Earlier this year, he tweeted that Tesla would no longer accept Bitcoin as payment, causing the cryptocurrency’s value to plummet.
The appointment of a new CEO for Twitter comes at a time when the social media platform is facing increasing scrutiny over its role in the spread of misinformation and hate speech. The company has taken steps to address these issues, including introducing new policies and tools to combat misinformation and banning former President Donald Trump from the platform.
It remains to be seen how the new CEO will steer Twitter in the coming months and years, but with Musk’s endorsement, she is likely to have a lot of support and attention from the tech industry and beyond.