Billionaire Elon Musk tells a summit in Dubai that he wants to 'stabilize' Twitter and hire a CEO before the end of the year.
DUBAI, United Arab Emirates — Billionaire Elon Musk said Wednesday that he anticipates finding a CEO for Twitter “probably toward the end of this year.”
Speaking via a video call to the World Government Summit in Dubai, Musk said making sure the platform can function remained the most important thing for him. “I think I need to stabilize the organization and make sure it’s in a financial healthy place,” Musk said when asked about when he’d name a CEO. “I’m guessing probably toward the end of this year.”
Musk, 51, made his wealth initially on the finance website PayPal, then created the spacecraft company SpaceX and the electric car company Tesla. In recent months, however, more attention has been focused onMeanwhile, the Ukrainian military’s use of Musk’s satellite internet service Starlink as it defends itself against Russia’s ongoing invasionForbes estimates Musk’s wealth at just under $200 billion.
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