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Musk says he will step down as Twitter CEO after finding a successor

Musk says he will leave the platform as soon as he finds someone “dumb enough to take the job.”

Elon Musk has announced that he will step down as CEO of Twitter after finding a replacement.

“I will resign as CEO as soon as I find someone foolish enough to accept the position!” Musk said in a tweet late on Tuesday. “After that, I’ll just run the software and server teams.”

Musk’s announcement comes after Twitter users voted for his resignation in a poll created by the platform’s billionaire owner.

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More than 17.5 million votes were cast in the Twitter poll, with 57.5 percent favoring Musk’s resignation. Musk conducted his survey after Twitter’s announcement that he would no longer allow “free promotion” of other social media platforms sparked backlash among users.

Musk, who bought Twitter in October for $44 billion, has drawn controversy with his decisions since taking control of the influential social media platform.

Musk, who also runs Tesla and several other startups, temporarily banned more than half a dozen journalists last week after accusing the media of endangering his family by publishing the location of his private jet.

Musk made the claim after changing the site’s doxxing rules to ban accounts that track private jets.

Flight tracking data collected by the United States Federal Aviation Administration is public information and is shared online on private websites such as FlightAware and Flightradar24.

Earlier, Musk appeared to dismiss a report that he was looking for someone to take on this role by tweeting a laughing emoji and stating that no one wanted the job of keeping Twitter alive.

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Since Musk took over the social media giant, Tesla’s share price has fallen by a third, sparking speculation that the billionaire has been pressured to withdraw from the social media platform.

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Dan Ives, a technology analyst at Wedbush Securities, welcomed Musk’s announcement.

“Finally a good step in the right direction to end this painful nightmare situation for Tesla investors,” Ives wrote on Twitter.

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