![]() ![]() Specifically, this revamp saw the introduction of an $8 Twitter Blue subscription service, as well as silver and gold ticks for government affiliations and verified companies, respectively. My role will transition to being exec chair & CTO, overseeing product, software & sysops.- Elon Musk May 11, 2023ĭuring his brief tenure as CEO at Twitter, Musk spearheaded several new features, most controversially the overhaul of the platform's verification system. This action was met with mixed reactions, as some lauded his decisive action to streamline operations, while others criticized the impact on employees.Įxcited to announce that I’ve hired a new CEO for X/Twitter. Notably, he implemented a bold restructuring initiative that dismissed over 80% of Twitter's workforce. Since taking over as CEO, Musk has wasted no time making his mark on the platform. This latest announcement came after the Twitter community voted for the "Chief Twit" to step down in December 2022.Įlon Musk is widely renowned for his contributions to Tesla Inc., SpaceX, Neuralink, and several other ventures, but he made headlines after his $43 billion acquisition of Twitter last year. Musk will transition to the positions of Executive Chair and Chief Technology Officer (CTO), overseeing product development, software, and system operations. Musk announced in a tweet that he has hired a new CEO for X/Twitter, who will assume the role in approximately six weeks. On, tech visionary and entrepreneur Elon Musk announced that he would step down as the CEO of Twitter.
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