On Wednesday, Musk said at the Global Government Forum in Dubai, “Twitter is quite the rollercoaster.”
The CEO of Twitter, who also oversees SpaceX and Tesla, said he intends to stay on until Twitter is stable and financially sound before leaving, which he predicted won’t happen until “towards the end of .”
The $44 billion purchase of Twitter by Musk was finalised in October, and the former world’s richest man declared in November that he had no intention of staying in charge before asking users for their opinions the following month.
Musk said he would announce his resignation “as soon as I find someone crazy enough to take the job” after the users voted in favour.
Musk recently posted a few pictures of a Shiba Inu dog on Twitter, stating that the dog is the new CEO of the Twitter.
A user replied to the post by saying, “I guess he was the only one crazy enough to take the job.”
To which Musk replied, “He is perfect for the job.”
In the picture, the papers scattered across the dog’s table listed Floki as the dog’s name.
Another user commented with a picture of the dogecoin engulfing the words “twitterverse.”
Dogecoin is a cryptocurrency that Musk is known to favour.
He frequently tweets about Dogecoin driving rallies in the value of the cryptocurrency, his admirers also refer to him as Dogefather.
According to people familiar with the situation who spoke to Bloomberg, Twitter began its search for a new CEO in December.
However, the outcome of that search is unknown.
During his interview at the summit, Musk avoided being asked whether a new CEO had been found.
Elon Musk, who has shook up the business in recent months—often not in a good way—is regrettably directly in the middle of Twitter’s route to stability.
Despite Musk’s claims that he was aiming to make the platform lucrative, early instability resulted in an exodus of advertisers, and since then the company has been experiencing snafu after snafu.