Elon Musk vows to step down as Twitter CEO – once someone ‘foolish enough’ accepts top role

Elon Musk has vowed to officially step down as the CEO of Twitter, once he finds someone “foolish enough” to accept the top role.

The eccentric billionaire, who bought Twitter for $44bn (£36bn) in a protracted deal which finalised in October, has helmed the social media giant after his controversial firing spree.

But a poll conducted by him via Twitter on Sunday, asking users whether he should step down as boss, has forced Musk’s hand.

“I will abide by the results of this poll,” he said, before the poll, in which more than 17.5 million users voted, landed 57.5 per cent in favour of Musk abandoning the chief position.

Since becoming owner, Musk has faced backlash for his handling of his approaches to content moderation and the infamous Twitter Blue subscription model.

However, the billionaire entrepreneur said he would instead lead the software and server teams.

It is not the first time Musk has made significant decisions off the back of polling his Twitter followers.

At the beginning of October, Musk agreed to selling 10 per cent of his Tesla stock, to abide by the ruling of another poll.