Musk has been saying for nearly six months that he plans to find a new CEO for San Francisco-based Twitter.
In mid-November, just a few weeks after buying the social media platform for 44 billion, he told a Delaware court that he does not want to be the CEO of any company.
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While testifying, Musk said "I expect to reduce my time at Twitter and find somebody else to run Twitter over time."
More than a month later, he tweeted in December: "I will resign as CEO as soon as I find someone foolish enough to take the job."
The pledge came after millions of Twitter users asked him to step down in a Twitter poll the billionaire himself created and promised to abide by.
In February, he told a conference he anticipated finding a CEO for Twitter "probably toward the end of this year." (AP)