You can be on Entrepreneur’s cover!

Watch: Elon Musk Danced the Night Away at a Rave In Mexico After Appointing New Twitter CEO Musk announced this week that former NBCUniversal Executive Linda Yaccarino is replacing him as chief executive.

By Emily Rella

entrepreneur daily

Elon Musk was all smiles and letting loose after announcing he has found someone to replace him as CEO of Twitter, a company he purchased for an estimated $44 billion in October 2022.

Musk was seen moving and grooving in the crowd at electronic trio Rüfüs Du Sol's set at the Sundream Baja music festival in Cabo San Lucas, Mexico.

Related: Linda Yaccarino Is The New CEO Of Twitter

In a clip that's gone viral on both TikTok and Twitter, Musk can be seen with his hands in the air "feeling himself" in the middle of the rave as the music plays loudly throughout the crowd.

It's not the first time Musk's dance moves have garnered the public's attention. Last year, Musk went viral for his fist-pumping moves at the grand opening of Tesla's gigafactory in Berlin, Germany.

Earlier this week, Musk announced that former NBCUniversal Executive Linda Yaccarino would be taking over as Twitter CEO.

Related: 'Dad Dance of the Year': Elon Musk Goes Viral For Cringeworthy Dance Moves in Video

Musk said that Yaccarino "will focus primarily on business operations" while he transitions to a role focusing on technology, product design, and software.

Musk isn't the only billionaire who's been spotted letting loose recently. Last month at Coachella, Jeff Bezos was spotted dancing to Bad Bunny with girlfriend Lauren Sanchez and some of the Kardashian-Jenner clan.

Musk's net worth as of Monday afternoon was an estimated $167 billion.

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Growing a Business

Who You Hire Matters — Here's How to Form a Team That's Built to Last

Among the many challenges related to managing a small business, hiring a quality team of employees is one of the most important. Check out this list of tips and best practices to find the best people for your business.

Side Hustle

This Flexible Side Hustle Is Helping Millions Earn Extra Cash — and Might Be 'More Attractive' Than an Office Job

Side hustles remain popular for additional income — and have many questioning the 9-5 model altogether.

Business News

A 3D Printer Used By Microsoft, Ford, and NASA Is Now Commercially Available — Here's What It Can Do

Formlabs is a 3D printing company now worth $2 billion. It started as a Kickstarter campaign.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business Models

Why the Coaching Industry Is Poised for Transformative Growth in the Gig Economy Era — and How to Navigate the Waves of Change

This article highlights five trends shaping the coaching industry and offers insights into how entrepreneurs can adapt and thrive in this evolving landscape.