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Elon Musk Says He Doesn’t ‘Really Care' About Being Twitter CEO

Home> News

Updated 11:16 20 Jun 2022 GMT+1Published 11:11 20 Jun 2022 GMT+1

Elon Musk Says He Doesn’t ‘Really Care' About Being Twitter CEO

Musk explained that he finds it difficult to play the role as CEO because his focus is more on the engineering side of things

Anish Vij

Anish Vij

Featured Image Credit: Alamy

Topics: Elon Musk, Twitter

Anish Vij
Anish Vij

Anish is a Journalist at LADbible Group and is a GG2 Young Journalist of the Year 2024 finalist. He has a Master's degree in Multimedia Journalism and a Bachelor's degree in International Business Management. Apart from that, his life revolves around the ‘Four F’s’ - family, friends, football and food. Email: [email protected]

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@Anish_Vij

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In a meeting with Twitter employees, Elon Musk said he doesn’t 'really care' about being CEO of the company.

Earlier this year, the Tesla CEO struck a whopping $44 billion (£33.3 billion) deal with the platform.

Musk became the largest shareholder in Twitter after taking a 9.2 percent stake, and bid $54.20 per share to take full control.

However, in a meeting with Twitter employees, Musk reportedly said he isn't too bothered about the CEO title, reports Business Insider.

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Musk explained during the hour-long meeting: "There are a lot of chores to being CEO.

"And I just want to make sure that the product evolves rapidly and in a good way."

He added: "I don’t really care what the title is. But people do need to listen to me.

"If I say 'Hey, we need to improve the product in the following way and add these features' then, like, I do expect that people will listen to me in this regard."

In a meeting with Twitter employees, Musk has reportedly said that he isn't too bothered about the tile of being a CEO
Alamy

Also back in 2021, Musk previously told The Wall Street Journal’s 2021 CEO Council Summit: "So CEO is a made-up title, CFO is a made-up title, general counsel … They don’t mean anything."

Well, ahead of his takeover, Musk went on to promote 'free speech' and said: "Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated. 

"I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.

"Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it."

Musk became the largest shareholder in Twitter after taking a 9.2 percent stake in the company.
Alamy

Despite being a clear advocate for 'free speech', the world's richest man reportedly fired several SpaceX employees who drafted a letter criticising him.

At least five employees were sacked after circulating a letter which criticised Musk and called on company executives to create a more inclusive culture, a new report by The New York Times claims.

The letter was reportedly shared with 2,600 employees and slated Musk's recent behaviours as a 'distraction' and an 'embarrassment' to the company.

The letter was addressed to SpaceX president Gwynne Shotwell and called on company bosses to 'hold all leadership equally accountable'.

The company president said 'the letter pressured them to sign onto something that did not reflect their views'.

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