Elon Musk, the CEO of Tesla and Twitter’s current owner, has announced that he has found a new CEO for the social media platform. 

In a recent tweet, he revealed that the new CEO, whose name has not yet been disclosed, will be taking over in about six weeks, allowing Musk to transition into the role of Twitter's executive chairman and chief technology officer. 

This announcement follows Musk's earlier statements that he did not intend to remain Twitter's CEO in the long-term. 

Last November, just a few weeks after buying Twitter for US$44 billion, he told a Delaware court that he did not want to be the CEO of any company and planned to find someone else to run Twitter. 

Since then, many have speculated on who the new CEO would be, with names like former YouTube CEO Susan Wojcicki, former Yahoo CEO Marissa Mayer, and top executive at Musk’s brain-chip startup Neuralink, Shivon Zilis, being mentioned. 

Even top female executives from Musk's other companies, like SpaceX president Gwynne Shotwell and Tesla chair Robyn Denholm, have been suggested as potential candidates. 

Musk's announcement has been met with enthusiasm from investors, with Tesla's shares rising about 2 per cent following the news. 

Concerns have been raised by some shareholders regarding how much of Musk's attention is being devoted to Twitter instead of his other companies. 

Musk himself has previously expressed pessimism about finding a new CEO, stating that
“no one wants the job who can actually keep Twitter alive”.