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Linda Yaccarino slams the notion she’s just Elon Musk’s puppet CEO: ‘Who wouldn’t want him by their side?’

Christiaan Hetzner
By
Christiaan Hetzner
Christiaan Hetzner
Senior Reporter
Christiaan Hetzner
By
Christiaan Hetzner
Christiaan Hetzner
Senior Reporter
September 28, 2023, 8:56 AM ET
X CEO Linda Yaccarino
X CEO Linda Yaccarino attempted to dispel speculation she took a back seat at the social media company to owner Elon Musk.Jerod Harris—Getty Images for Vox Media

When it comes to running her company, it’s hard to shake the notion that X chief executive Linda Yaccarino is riding shotgun to Elon Musk. 

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The demanding entrepreneur poached the ad sales expert from NBCUniversal to much fanfare in May. Yet Musk still hogs the limelight when it comes to all major policy decisions, including his controversial rebranding of Twitter.

This continued blurring of responsibilities has led to repeated speculation over how much longer she would last in the role, especially after her attempt to smooth over relations with the Anti-Defamation League was torpedoed by Musk’s threat to sue the Jewish nonprofit for billions in damages.

Speaking on Wednesday at the Code conference, Yaccarino sought to portray their collaboration as a mutual division of labor—one handling the commercial side of the business and the other in charge of product. 

“Who wouldn’t want Elon Musk sitting by their side?” She asked rhetorically, before a number of hands in the audience shot up, and the room burst into laughter. 

Well this is nuts. Literally nuts. @lindayaX clearly shook and NOT happy about @yoyoel appearance. I’ve never seen an interview like what I’m witnessing unfold. Maybe don’t fire your comms team. Lols. @JBoorstin is being very very strong here. #code23pic.twitter.com/JPXenq8RIy

— Brooke Hammerling (@brooke) September 28, 2023

Yaccarino stayed firm though, insisting she called the shots and wasn’t just a glorified chief revenue officer masquerading as CEO. 

“Do you think Elon brought me to the company to be the head of the advertising,” she said, “or do you think he brought me [on] to run the company, to deliver to our users the best possible experience?”

Yet when asked whether Musk bothered to consult with her first before dropping the announcement, “We’re moving to having a small monthly payment for use of the X system,” Yaccarino dodged an explicit yes or no answer that might risk contradicting him. 

“We talk about everything,” she said, leaving it at that. 

Did Musk set Yaccarino up to fail?

Musk’s turbulent tenure as CEO of Twitter, as it was still known at the time, often lent the impression he made policy up on the fly, such as the time he decided users pejoratively labeling people “cis” could result in suspension.

Shareholders in Tesla pushed hard for him to cede the reins to someone more suited to running a media company so he could focus on a litany of issues facing Tesla. These include the crucial launch of his highly anticipated Cybertruck, which will miss his end-of-third-quarter target. 

Yaccarino’s hiring was supposed to relieve some of Musk’s intense workload. By consistently deferring to Musk, however, she nourishes the “glass cliff” narrative that he set her up for failure. 

The Code conference interview did not help dispel speculation that she was uncertain as to what she could say. 

“Code always has questions from the audience, but I’m told that shortly before her interview, Linda Yaccarino insisted that the audience microphones be taken away and there be no questions from the crowd,” reported Business Insider senior correspondent Ben Bergman. 

X did not respond to a request for comment.

Organizer refutes Yaccarino was ‘sandbagged’ at conference

Observers remarked the CEO furthermore seemed to bristle at probing questions from CNBC journalist Julia Boorstin.

Further exacerbating the tension was the fact that she took to the stage right after the company’s record was criticized by Twitter’s former head of trust and safety, Yoel Roth.

“It’s going to be hard to book a high-profile guest after that kind of blindside,” remarked Jason Calacanis, a Musk associate who once lobbied for Yaccarino’s job by asking the tycoon to “put me in the game, coach!”

Longtime organizer of the event and former host Kara Swisher refuted allegations she “sandbagged” the head of X, however, claiming Yaccarino elected to come on after Roth. 

“She is the CEO and should be able to perform under pressure regardless. She should have all the numbers and facts at her fingertips,” Swisher posted. “She should be able to articulate a vision easily. If she’s paid the big bucks, she needs to bring the big guns.” 

Coins2Day Brainstorm AI returns to San Francisco Dec. 8–9 to convene the smartest people we know—technologists, entrepreneurs, Coins2Day Global 500 executives, investors, policymakers, and the brilliant minds in between—to explore and interrogate the most pressing questions about AI at another pivotal moment. Register here.
About the Author
Christiaan Hetzner
By Christiaan HetznerSenior Reporter
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Christiaan Hetzner is a former writer for Coins2Day, where he covered Europe’s changing business landscape.

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