Resolution criteria:
This market will resolve to "Yes" if Elon Musk is officially removed from his position as CEO of any of the following companies by 11:59 PM UTC on April 30, 2025:
Tesla, Inc.
SpaceX
Twitter, Inc. (now known as X Corp.)
The market will resolve to "No" if Musk remains CEO of all these companies at that time. If Musk voluntarily steps down from any of these roles, the market will still resolve to "Yes," as the question pertains to whether he ceases to be CEO, regardless of the manner.
Background:
As of April 21, 2025, Elon Musk holds the position of CEO at Tesla, Inc., SpaceX, and Twitter, Inc. (X Corp.). Recent developments include:
Tesla, Inc.: The company faces challenges such as declining sales, increased competition, and brand image issues linked to Musk's political affiliations. Investors are particularly concerned about delays in launching an affordable electric vehicle and the progress of its autonomous robotaxi service. Tesla's stock has dropped 40% in 2025, losing over $500 billion in value. (reuters.com)
SpaceX: Musk continues to lead SpaceX, focusing on space exploration and satellite internet services. There are no recent reports indicating changes in his role within the company.
Twitter, Inc. (X Corp.): In May 2023, Musk announced plans to step down as CEO of Twitter, transitioning to the role of executive chairman and chief technology officer. He appointed a new CEO who began in June 2023. (abc7.com)
Considerations:
Political Involvement: Musk's advisory role in the U.S. government, particularly his leadership in the Department of Government Efficiency (DOGE), has attracted criticism and may impact his positions in his companies. Reports suggest he may leave this role within a few months to refocus on his business ventures. (reuters.com)
Company Performance: Tesla's recent financial struggles and brand challenges could influence decisions regarding Musk's leadership. However, as of now, there are no official announcements indicating his removal from the CEO position at Tesla or SpaceX.
Traders should monitor official company communications and reputable news sources for any announcements regarding changes in Musk's executive roles before the end of April 2025.