The post Musk faces another tech talent exit as X Ad chief quits appeared on BitcoinEthereumNews.com. Elon Musk’s social media platform X (formerly Twitter) has lost another senior executive, as its global head of revenue operations and ad innovation, John Nitti, has resigned less than a year after joining the company. His resignation marks another exit from the billionaire’s team, sparking endless debates among individuals. Nitti, who was appointed in January 2025, played a central role in shaping X’s advertising and monetization strategy during a critical period for the platform. He was once considered a potential successor to Linda Yaccarino as CEO. However, after careful consideration, he decided to depart on Friday, October 24, according to sources close to the situation.  His exit marks the latest in a growing string of high-level departures across Musk’s businesses, including Tesla, SpaceX, and xAI. The increased resignation from Musk’s company X raises endless debates Advertising remains X’s largest revenue source, but it has struggled to recover since Musk’s 2022 takeover. Several advertisers paused spending amid concerns about looser content moderation and brand placement. While Musk has introduced subscription tiers and AI tools to diversify income, ad sales remain central to X’s financial health. Yaccarino served as the CEO of X from mid-2023 until her resignation in July 2025. Since her departure, various leaders, including Angela Zepeda, the global head of marketing, and Nitti, who many industry experts believed could become the next CEO, were assigned to her role. Regarding Nitti’s departure, sources familiar with the situation noted that his exit followed a series of senior resignations from the company. An example is Mike Liberatore, who served as xAI’s chief financial officer. Liberatore exited after three months during the summer. Soon after his departure, Robert Keele, the general counsel, resigned. Notably, Musk’s artificial intelligence startup xAI obtained this social media platform X through an all-stock deal on March 28, 2025.  Still, in… The post Musk faces another tech talent exit as X Ad chief quits appeared on BitcoinEthereumNews.com. Elon Musk’s social media platform X (formerly Twitter) has lost another senior executive, as its global head of revenue operations and ad innovation, John Nitti, has resigned less than a year after joining the company. His resignation marks another exit from the billionaire’s team, sparking endless debates among individuals. Nitti, who was appointed in January 2025, played a central role in shaping X’s advertising and monetization strategy during a critical period for the platform. He was once considered a potential successor to Linda Yaccarino as CEO. However, after careful consideration, he decided to depart on Friday, October 24, according to sources close to the situation.  His exit marks the latest in a growing string of high-level departures across Musk’s businesses, including Tesla, SpaceX, and xAI. The increased resignation from Musk’s company X raises endless debates Advertising remains X’s largest revenue source, but it has struggled to recover since Musk’s 2022 takeover. Several advertisers paused spending amid concerns about looser content moderation and brand placement. While Musk has introduced subscription tiers and AI tools to diversify income, ad sales remain central to X’s financial health. Yaccarino served as the CEO of X from mid-2023 until her resignation in July 2025. Since her departure, various leaders, including Angela Zepeda, the global head of marketing, and Nitti, who many industry experts believed could become the next CEO, were assigned to her role. Regarding Nitti’s departure, sources familiar with the situation noted that his exit followed a series of senior resignations from the company. An example is Mike Liberatore, who served as xAI’s chief financial officer. Liberatore exited after three months during the summer. Soon after his departure, Robert Keele, the general counsel, resigned. Notably, Musk’s artificial intelligence startup xAI obtained this social media platform X through an all-stock deal on March 28, 2025.  Still, in…

Musk faces another tech talent exit as X Ad chief quits

Elon Musk’s social media platform X (formerly Twitter) has lost another senior executive, as its global head of revenue operations and ad innovation, John Nitti, has resigned less than a year after joining the company. His resignation marks another exit from the billionaire’s team, sparking endless debates among individuals.

Nitti, who was appointed in January 2025, played a central role in shaping X’s advertising and monetization strategy during a critical period for the platform. He was once considered a potential successor to Linda Yaccarino as CEO. However, after careful consideration, he decided to depart on Friday, October 24, according to sources close to the situation. 

His exit marks the latest in a growing string of high-level departures across Musk’s businesses, including Tesla, SpaceX, and xAI.

The increased resignation from Musk’s company X raises endless debates

Advertising remains X’s largest revenue source, but it has struggled to recover since Musk’s 2022 takeover. Several advertisers paused spending amid concerns about looser content moderation and brand placement. While Musk has introduced subscription tiers and AI tools to diversify income, ad sales remain central to X’s financial health.

Yaccarino served as the CEO of X from mid-2023 until her resignation in July 2025. Since her departure, various leaders, including Angela Zepeda, the global head of marketing, and Nitti, who many industry experts believed could become the next CEO, were assigned to her role.

Regarding Nitti’s departure, sources familiar with the situation noted that his exit followed a series of senior resignations from the company. An example is Mike Liberatore, who served as xAI’s chief financial officer. Liberatore exited after three months during the summer. Soon after his departure, Robert Keele, the general counsel, resigned.

Notably, Musk’s artificial intelligence startup xAI obtained this social media platform X through an all-stock deal on March 28, 2025. 

Still, in early October, Mahmoud Reza Banki, the chief financial officer at X, who had served for less than a year, announced his withdrawal. At this point, individuals expressed concerns about the reason behind these exits.

To address these discussions, sources close to the situation suggested that the turnover illustrated the frustration of some executives regarding Musk’s sudden shifts in strategy and the challenges they faced in attaining goals due to their billionaire boss’s direct approach. 

Additionally, analysts pointed out that Musk’s advertising team has been under constant pressure to maximize profits. This has intensified as the billionaire invests billions in infrastructure and works to create superhuman AI to compete with rivals such as OpenAI and Google’s DeepMind. 

At the same time, the tech analysts also mentioned that advertisers have been discouraged by Musk’s decision to ease content moderation regulations. This promotes his “free speech” beliefs and his harsh response to marketers who disagreed with him.

Several sales chiefs express concerns over Musk’s business approach 

As more individuals adopt AI, the tech industry has undergone significant improvements. This has persuaded some brands to return, while xAI has recently signed media deals with companies including Disney. 

To attract more brands, the company has also informed them that its advertising performance is improving as a result of xAI’s AI technology, as stated in an earlier email.

Still, a few advertisers have privately raised concerns about being forced to spend money on X after the platform sued several brands, including Shell and Pinterest, for allegedly participating in an illegal boycott. When reporters asked the companies whether the claims were true, they denied those allegations.

On the other hand, an insider said that Nitti, a former Verizon executive, was among the sales chiefs who became fed up with Musk’s approach to managing the advertising business.

In the meantime, sources have identified that Musk became distracted only during the first half of the year by his involvement in Donald Trump’s administration, with whom he finally split this summer after a disagreement with the president.

Claim your free seat in an exclusive crypto trading community – limited to 1,000 members.

Source: https://www.cryptopolitan.com/musk-faces-another-tech-talent-exit/

Market Opportunity
Talent Protocol Logo
Talent Protocol Price(TALENT)
$0.000904
$0.000904$0.000904
0.00%
USD
Talent Protocol (TALENT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

What crashed Bitcoin? Three theories behind BTC's trip below $60K

What crashed Bitcoin? Three theories behind BTC's trip below $60K

Hong Kong hedge funds’ leveraged BTC price bets are emerging as the main trigger behind Bitcoin’s sharp month-long sell-off.Bitcoin (BTC) experienced on of the
Share
Coinstats2026/02/07 22:44
Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Top 3 Crypto Opportunities This Month: One New Protocol Stands Out

Top 3 Crypto Opportunities This Month: One New Protocol Stands Out

As investors review the top crypto opportunities this month, analysts are focusing on a mix of established assets and new crypto protocols showing early momentum
Share
Techbullion2026/02/07 22:56