Elon Musk actively searching for a new Twitter CEO, sources say

Twitter owner and CEO Elon Musk is searching for a new chief executive of the company, sources told CNBC’s David Faber.

Musk, who acquired the company for $44 billion in October, has previously said his position as CEO would be temporary. In court in November, Musk said, “I expect to reduce my time at Twitter and find somebody else to run Twitter over time.” However, on Sunday, he wrote in a tweet that “there is no successor.”

“The question is not finding a CEO, the question is finding a CEO who can keep Twitter alive,” he...