Elon Musk will resign as CEO of Twitter when a replacement is found

Elon Musk has said he will step down as CEO of Twitter when he finds someone "foolish enough to take over".

The billionaire had earlier promised to abide by the result of a poll he conducted on Twitter, which showed that 57.5% of users voted "yes" in favor of Musk leaving this position.

He indicated in a tweet that he would continue to operate the software and server teams after finding a replacement for him.

Changes to the platform since its acquisition have come under heavy criticism

SpaceX & Tesla

Musk also run both SpaceX and Tesla.