Elon Musk confirmed that he would bring on a new CEO to replace him after this year. After posting a funny tweet surrounding the news, the prices of DOGE and FLOKI started pumping.
The billionaire was cited by Bloomberg, which confirmed that Musk would remain in charge of Twitter for the remainder of 2023 before turning over control of the microblogging platform to a new CEO.
Musk stated at the World Government Summit in Dubai that he must stabilize the company, make sure it’s financially sound, and ensure the product roadmap is well-defined.
“I’m guessing toward the end of this year should be a good timing to find someone else to run the company,” the Tesla chief said. “I think it should be in stable condition around the end of this year.”
Twitter is for the Dogs
Meanwhile, Musk took to Twitter to reveal the face of the new CEO, tweeting a meme of a Shiba Inu dog as the new executive.
Source: https://beincrypto.com/elon-musk-twitter-ceo-successor-dogecoin-friends-gains/