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Twitter is a private company mostly owned by Elon Musk. I'm not exactly sure what this petition is supposed to accomplish.
Ownership means Musk can do whatever he wants with the site. Even if he appoints a different CEO, he's still the boss of the CEO because he's the owner.
Just let it die.
Elon is the idiot who paid billions for something that's now free and decentralised. Twitter is not going to recover.
Nope, he gets to own the dumpster fire he made and ride it all the way to the bottom.