More than two years have passed since Elon Musk bought social network Twitter for $44 billion in late 2022. Since then the company, now known as X, has seen its valuation plummet to about $9.4 billion in October 2024, though it also has brought Musk major strategic benefits by providing him with a massive communications platform to push forward the controversial political agenda of his close ally President Trump. But given that the billionaire is spending most of his time at the White House—while also running Tesla and four other companies—who is actually running X on a day to day basis? Here is an overview (you can also scroll down to the chart below):
In June of 2023, Musk named former NBC big-wig Linda Yaccarino as CEO of X and later, in November 2024, made another big hire when he tapped Mahmoud Reza Banki, who spent six years as CFO and chief strategy officer for streaming platform Tubi, to be X’s CFO.
