
Elon Musk, the billionaire, said on Wednesday that he expects to find a CEO for Twitter “probably by the end of this year.” Musk stated in a video conference at the World Government Summit in Dubai that the most important thing for him is that the platform works.
“I think I need to stabilize the business and make sure it’s financially healthy,” Musk said when asked when he’d name a new CEO for Twitter. “I’m guessing around the end of this year.”
Musk, 51, amassed his fortune through the financial website PayPal before founding the spaceflight firm SpaceX and the electric automobile company Tesla. However, more attention has been drawn to the shambles surrounding his $44 billion purchase of the microblogging service Twitter in recent months.
Meanwhile, the Ukrainian military’s use of Musk’s satellite internet provider Starlink to protect itself against Russia’s escalating invasion has placed Musk in the crosshairs of the conflict.
According to Forbes, Musk’s net worth is a little under $200 billion. According to Forbes, Musk is the second-wealthiest person on the planet, trailing only French luxury brand billionaire Bernard Arnault.
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