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Elon Musk actively searching for a new Twitter CEO, sources say


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Elon Musk Twitter page seen on mobile with his poll to step down as head of Twitter

Yui Mok  | Pa Images | Getty Images

Twitter owner and CEO Elon Musk is searching for a new CEO of the company, sources told CNBC’s David Faber.

Musk, who acquired the company for $44 billion in October, has previously said his position as CEO would be temporary. In court in November, Musk said, “I expect to reduce my time at Twitter and find somebody else to run Twitter over time.” However, on Sunday, he wrote in a tweet that there is no possible successor for him at the social media company.

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“The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive,” he wrote.

The billionaire posted an informal poll Sunday asking Twitter users if he should step down as head of the company, and a majority of the 17 million respondents voted for Musk to leave his post. He said Sunday he would abide by the results of the poll.

Twitter polls are straw polls, which means they are not comparable to professional public opinion research. Malicious bots or inauthentic accounts may also be able to register a response to a Twitter poll.

Sources told Faber that Musk’s search for a new CEO has been ongoing and began before the Twitter poll was made.

This is breaking news. Please check back for updates.

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