Chief Twit Elon Musk asked Twitter users if he should resign as the CEO, promising to follow his poll results.
“Should I step down as Twitter’s head? “I will abide by the results of this poll,” Musk tweeted Sunday evening, with voting available for 12 hours. Now, the results are in and 57.5% of users, amounting to more than 10 million, have voted ‘Yes’.
Whether Musk does abide by the results of the poll, only time (and probably his coming tweets) will tell.
Musk announced in November that he would find a new CEO for Twitter. Nonetheless, he has actively participated in the social media platform’s decisions, promoting policy revisions and new products.
Musk hinted on Sunday evening that he had not successfully found a candidate. “No one wants the job of keeping Twitter alive. “There is no successor,” he tweeted.
Twitter also appeared to reverse a policy adjustment made earlier on Sunday evening.
Earlier in the day, the social media network prohibited users from linking to competitors such as Facebook, Instagram, and Mastodon. “Twitter will no longer enable free marketing of specific social media platforms on Twitter in the future,” the company said in a statement.
The rule change resulted in the suspension of several accounts, including Y Combinator co-founder Paul Graham.
Musk later apologized for the new rule and promised to poll Twitter users before making any policy changes in the future. Graham’s accounts were restored, but the webpage outlining the new regulation and its announcement tweet was deleted.
Musk frequently uses Twitter polls to gauge public opinion on potential policy changes on the platform. Earlier, the Twitter CEO sponsored polls to determine if the social media platform should provide “general amnesty” to suspended accounts and reinstate former US President Donald Trump’s account.
Musk’s past Twitter polls drew millions of votes, and his Sunday evening poll did not hold back. The poll had 14.7 million votes as of 1:00 a.m. EST, with three hours to go.
Even if Musk stays as CEO, Twitter will still face several difficulties. Due to the turmoil caused by Musk’s takeover, advertisers have deserted Twitter, which has caused a drop in profits. In addition, the social media company is now burdened with $1 billion in annual interest payments after Musk borrowed $13 billion to finance his takeover.
“Twitter has been on the fast track to bankruptcy since May,” Musk tweeted late Sunday night.
