Elon Musk, the billionaire entrepreneur, stated during a video call at the World Government Summit in Dubai on Wednesday that he expects to find a CEO for Twitter by the end of the year.
He emphasized the importance of stabilizing the organization and ensuring it is financially healthy before naming a CEO.
However, it is unclear how seriously Musk will take this timeline as he had previously posted images of his Shiba Inu dog, Floki, as the “CEO” of Twitter, along with a comment that the dog is “so much better than that other guy.”
Musk, who made his fortune through PayPal and later founded SpaceX and invested in Tesla, has been at the center of the chaos surrounding his $44 billion purchase of Twitter.
The Ukrainian military’s use of Musk’s satellite internet service, Starlink, in its defence against Russia has put Musk in the midst of the ongoing war.
During the video call, Musk also touched on his concerns about artificial intelligence and the possibility of space aliens.
Regarding his takeover of Twitter, Musk described it as a cultural correction, reinstating Donald Trump’s access to the platform and the accounts of individuals who spread misinformation about the coronavirus.
He also mentioned the need for users to rely on verified accounts for trusted information. However, a flawed rollout of a paid verified account system led to impersonations, resulting in a loss of advertising revenue.
Musk acknowledged that Twitter is a “rollercoaster” and warned against the danger of artificial intelligence, calling for regulation.
He also dismissed the possibility of alien life and technology, stating that he has seen no evidence of it despite his expertise in space through SpaceX.
Despite the challenges Twitter faces, Musk remains optimistic about the platform’s future. He wants users to feel good about their time spent on Twitter instead of regretting it, as is often the case with the popular Chinese-made social media app TikTok.
Forbes estimates Musk’s wealth at nearly $200 billion, ranking him the second-wealthiest person on the planet.
He is known as a thought leader for some but also faces criticism for his decisions that conflict with the reasons why people, journalists, and governments rely on Twitter.
Elon Musk is focused on stabilizing Twitter and ensuring it is financially healthy before finding a CEO for the platform.
He sees his takeover of Twitter as a cultural correction and wants users to rely on verified accounts for trusted information.
Despite the challenges faced by the platform, Musk remains optimistic about its future and wants to provide a positive experience for users.
