Billionaire tech entrepreneur, Elon Musk, has launched a poll on Twitter, asking users whether he should step down as the CEO of the company, adding that he would abide by the poll results.
As of 0952 GMT, more than 16 million users had participated in the poll, with 57.5% voting in favor of him stepping down one hour before the poll closed on Monday, Reuters reports.
The billionaire did not give details on when he would step down if the poll results said he should.
The poll comes after Twitter’s Sunday policy update, which prohibited accounts created solely for the purpose of promoting other social media firms and content that contains links or usernames for rival platforms.
Minutes before that poll, Musk apologized and tweeted: “Going forward, there will be a vote for major policy changes.”
A few hours later, an official Twitter account started a separate poll asking users if the platform should have a policy preventing accounts that advertise other social media platforms on Twitter.
The policy update would impact content from social media platforms like Meta Platforms’ Facebook and Instagram, along with Mastodon, Truth Social, Tribel, Nostr and Post while allowing cross-content posting, Twitter support said in a tweet.
Former Twitter CEO Jack Dorsey, who recently invested in social media platform Nostr, replied to the Twitter support post with one word: “Why?.” In a reply to another user posting about the Nostr promotion ban, Dorsey said, “doesn’t make sense.”
Replying to one Twitter user’s comment on a possible change in CEO, Musk said “There is no successor.”
Musk had told a Delaware court last month that he would reduce his time at Twitter and eventually find a new leader to run the company.
“With the Twitter chaos front and center and resulting in a major headache and overhang for the Tesla story, we believe Musk needs to name a permanent CEO of Twitter (and not Musk himself) to end the pain,” said Wedbush analyst Dan Ives.