Elon Musk, dogecoin advocate, seeks new CEO for Twitter

According to CNBC reporter David Faber, Elon Musk is reportedly currently searching for a new CEO for Twitter after a series of recent controversies in the search for for a new Twitter CEO, following the results of a poll he launched on Twitter.

More than 17.5 million users voted in the poll, which showed 57.5 percent in favor of Elon Musk stepping down as CEO. The price of Dogecoin dropped after Elon Musk released the poll.

Should I step down as head of Twitter? I will abide by the results of this poll.

– Elon Musk (@elonmusk) December 18, 2022

After losing the poll, Musk suggested that only paid Twitter Blue subscribers be allowed to participate in policy-related polls to ensure accuracy.

Since taking control of Twitter, Elon Musk has drawn criticism for controversial decisions, such as banning an account that tracked his private jet and suspending several journalists who reported on it. The Tesla CEO also faced backlash for amplifying an unsubstantiated far-right conspiracy theory about House Speaker Nancy Pelosi’s husband while urging his constituents to vote for the Republican Party.

In addition, it had previously banned links to other social networks like Mastodon before reversing that policy, which drew huge criticism from Twitter users.

The price of Dogecoin had a short-lived spike in October following Twitter’s takeover of Elon Musk, but it quickly fizzled out.

Earlier this month, the billionaire reaffirmed his support for the popular meme crypto-currency during a conversation on Twitter Spaces, while adding that Twitter wanted to make it easier to transact with Dogecoin.

The price of Dogecoin has dropped 3% in the last 24 hours.