Elon Musk bought Twitter and is currently the CEO of the company, but he’s already preparing to vacate the position.

Despite having purchased Twitter and serving as its CEO, Elon Musk is getting set to step down from his role. He delivered a speech via video link at the World Government Summit in Dubai, stating that he must “stabilize the organization” and “make sure it’s in a financially sound place.” After that, he will likely find someone else to head the company, Musk continued.
“I’m guessing towards the end of this year should be a good timing to find someone else to run the company.”
— Bloomberg Technology (@technology) February 15, 2023
Elon Musk is aiming to find his successor to lead Twitter as CEO toward the end of 2023 https://t.co/YrU1KsPkpO via @BloombergTV pic.twitter.com/KXp0zBOSDl
During the video talk with the minister of cabinet affairs of the UAE, Elon Musk referred to Twitter as “a startup in reverse.” To be “in a stable position,” the social network still requires a lot of work. He presently sleeps six hours a night while working seven days a week and hopes to work “a measly 80 hours per week.”