Linda Yaccarino is leaving her position as CEO at Elon Musk’s social media platform, X, after just two years. The decision comes amidst a tumultuous period for the company, marked by controversy and criticism.
One possible reason for her resignation was an incident in which the company inadvertently praised Adolf Hitler, leading to widespread outrage. However, this is not the only factor that contributed to her departure.
Yaccarino’s tenure has been marred by challenges such as a struggling company culture and a lack of innovation. The platform has faced intense competition from rival tech companies and has struggled to differentiate itself in a crowded market.
Despite these challenges, Yaccarino had overseen significant growth at X, including the acquisition of CoreWeave for $9 billion. However, this success may not be enough to sustain her departure.
The news of Yaccarino’s resignation comes as Silicon Valley is racing to build its first trillion-dollar unicorn. This milestone has significant implications for the tech industry and investors alike.
In other news, France’s cognac-makers face growing pressures from China, while America’s construction industry struggles with fragmentation, overregulation, and underinvestment. A new analysis suggests that working from home may not necessarily kill company culture, but rather depends on the type of culture being pursued.
Source: https://www.economist.com/business/2025/07/09/linda-yaccarino-goes-from-x-ceo-to-ex-ceo