On Wednesday, billionaire Elon Musk said he anticipates finding a CEO for Twitter “probably toward the end of this year.” Speaking via a video call to the World Government Summit in Dubai, Musk said making sure the platform can function is the most important thing for him. He also posted images of his shiba inu dog, Floki, on Twitter as the company’s “CEO” and jokingly wrote “So much better than that other guy!” His posts caused a 5 percent increase in the value of the cryptocurrency Dogecoin.
Musk made his wealth on the finance website PayPal, then created the spacecraft company SpaceX and invested in the electric car company Tesla. His $44 billion purchase of the microblogging site Twitter was aimed at cultural correction. He described the need for users to rely on Twitter for trusted information from verified accounts, and he warned that artificial intelligence should be regulated “very carefully.” When asked about the existence of aliens, he said he’s seen no evidence of alien technology or life.