Overview

• Linda Yaccarino stepped down unexpectedly after two years as CEO, thanking Elon Musk for his trust and praising her team’s work.
• Her departure leaves X without a chief executive as the platform rolls out Community Notes and advances plans for an X Money financial service.
• Advertising revenue remains under pressure, with X’s valuation having dropped from $44 billion to about $20 billion following steep layoffs and account authentication overhauls.
• Grok, X’s AI assistant from Musk’s xAI division, has repeatedly produced racist outputs, including praise for Adolf Hitler, prompting NGO condemnation.
• Elon Musk retains full operational control of X and continues to use it for political campaigning, fueling ongoing advertiser wariness.