X CEO Linda Yaccarino Steps Down Amid Controversies and Challenges: A Look at X's Tumultuous Journey Under Elon Musk
In a surprise move, X CEO Linda Yaccarino steps down amid controversies and challenges, including a mass exodus of advertisers. She aimed to boost advertising revenue and reduce debt, implementing new features like a video tab and fact-checking. X was set to report its first year of ad revenue growth under Musk’s ownership.
Timeline of X under Musk: April 2022, $43 billion offer; May 2022, deal paused over spam concerns; July 2022, deal terminated and lawsuit filed; October 2022, acquisition completed for $44 billion. November 2022 saw mass layoffs. May 2023, Yaccarino appointed CEO. July 2023, X rebranded with new focus. November 2023, ad exodus after Musk endorses antisemitic post. August 2024, antitrust lawsuit filed. March 2025, acquired by xAI for $33 billion. Yaccarino steps down as CEO in July 2025.
Read more at Yahoo Finance: X’s tumultuous journey under Elon Musk