What’s In Store Next For Elon Musk Amid Stepping Down As Twitter CEO?

Following Musk’s decision to propose a poll stating “Should I step down as head of Twitter?” Musk concluded by saying “I will abide by the results of this poll.”

Musk would go on to lose the poll that garnered over 17 million total votes by a margin of 57.5% to 42.5%.

As a result, it appears that Musk will be stepping down from his role as Twitter CEO.

However, it’s unlikely that the man who just closed on a $44 billion deal less than two months ago will be cleaning his hands of Twitter and simply moving on. Leaving many to wonder, what will Elon do?

After his poll, Musk would go on to Tweet:

These Tweets don’t appear to be the Tweets of someone walking away entirely, however, there has been no clear indication of what Musk’s next steps will be. Some have speculated that while he will no longer be the CEO of Twitter, he may choose to be the head of the board of Twitter or take on another leadership role where he will still have influence over the platform.

Axios reports that these factors may have played into Musk’s decision:

  • Tesla’s stock has taken a massive hit in response to Musk’s Twitter takeover. Tesla shares shot up nearly 5% in premarket trading Monday when the poll closed.
  • Musk has had to liquidate billions of dollars in Tesla stock to finance his Twitter deal and to keep the company afloat. With advertisers fleeing the platform, he has begun asking investors for more money.
  • As of last week, Musk is no longer the richest man in the world.

Amid controversy surrounding Musk’s time spent as the CEO of Tesla, SpaceX, and now Twitter, his stockholders may be more comfortable if he takes on a different role at Twitter.

Notify of
Newest Most Voted
Inline Feedbacks
View all comments
1 month ago

I make over thirty k a month working part-time. jl20 I kept hearing from other people telling me how much money they could make online, so I decided to find out. hjk Well, it was all true and it completely changed my life.

This is where I started….goodfuture6.neocities.org

1 month ago

I’ve made so far this year working online and I’m a full time student. I’m using an online business opportunity I heard about and I’ve made such great money. It’s really user friendly and I’m just so happy that I found out about it. Here’s what I do. 
For more details visit———————————➤ 𝐞𝐚𝐬𝐲𝐡𝐨𝐦𝐞𝐢𝐧𝐜𝐨𝐦𝐞𝟐.𝐩𝐚𝐠𝐞𝐬.𝐝𝐞𝐯

Sonia Acker
Sonia Acker
1 month ago

𝗡𝗼 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 𝗡𝗲𝗲𝗱𝗲𝗱, 𝗪𝗲𝗲𝗸𝗹𝘆 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀… 𝗝𝗼𝗶𝗻 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗚𝗿𝗼𝘂𝗽 𝗢𝗳 𝗣𝗲𝗼𝗽𝗹𝗲 𝗧𝗵𝗮𝘁 𝗖𝗿𝗮𝗰𝗸𝗲𝗱 𝗧𝗵𝗲 𝗖𝗼𝗱𝗲 𝗢𝗳 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗙𝗿𝗲𝗲𝗱𝗼𝗺! 𝗟𝗲𝗮𝗿𝗻

𝗠𝗼𝗿𝗲 𝗱𝗲𝘁𝗮𝗶𝗹𝘀 𝗚𝗼𝗼𝗱 𝗹𝘂𝗰𝗸…..____ 𝗽𝗮𝘆𝗮𝗽𝗽𝘄𝗼𝗿𝗸𝟰𝟰𝟰𝟬𝟯𝟱𝟵-𝟬𝟮𝟯.𝗽𝗮𝗴𝗲𝘀.𝗱𝗲𝘃