Jack Dorsey, Twitter co-founder, lauds Elon Musk's takeover: 'Elon is the singular solution I trust'



Jack Dorsey, Twitter co-founder and former CEO, said that Elon Musk's $44 billion Twitter acquisition is the "right path" for the social media giant.

Dorsey stepped down as Twitter CEO in November.

What are the details?

In a Monday night statement, Dorsey said that Musk's move to privatize the company is important.

"In principle, I don't believe anyone should own or run Twitter," he wrote. "It wants to be a public good at a protocol level, not a company. Solving for the problem of it being a company however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness."

He continued, "The idea and service is all that matters to me, and I will do whatever it takes to protect both. Twitter as a company has always been my sole issue and my biggest regret. It has been owned by Wall Street and the ad model. Taking it back from Wall Street is the correct first step."

In principle, I don\u2019t believe anyone should own or run Twitter. It wants to be a public good at a protocol level, not a company. Solving for the problem of it being a company however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness.
— jack\u26a1\ufe0f (@jack\u26a1\ufe0f) 1650938617

"Elon’s goal of creating a platform that is 'maximally trusted and broadly inclusive' is the right one," he continued. "This is also [current CEO Parag Agrawal's] goal, and why I chose him. Thank you both for getting the company out of an impossible situation. This is the right path...I believe it with all my heart."

Elon\u2019s goal of creating a platform that is \u201cmaximally trusted and broadly inclusive\u201d is the right one. This is also @paraga\u2019s goal, and why I chose him. Thank you both for getting the company out of an impossible situation. This is the right path...I believe it with all my heart.
— jack\u26a1\ufe0f (@jack\u26a1\ufe0f) 1650938617

He added, "I'm so happy Twitter will continue to serve the public conversation. Around the world, and into the stars!"

I\u2019m so happy Twitter will continue to serve the public conversation. Around the world, and into the stars!
— jack\u26a1\ufe0f (@jack\u26a1\ufe0f) 1650938617

Dorsey made headlines earlier in April after speaking out about the Twitter board of directors' "dysfunction" following Musk's offer to purchase the tech company.

MSNBC host warns of 'massive, life and globe-altering' consequences for free speech on Twitter



MSNBC anchor Katy Tur joined the meltdown by many on the left Thursday over the possibility of Elon Musk buying out Twitter and bringing free speech with fewer restrictions to the microblogging platform.

Musk revealed on Thursday morning that he had made an offer to purchase 100% of Twitter for $43 billion. The bid resulted in many on the left panicking over the future of Democracy in the belief that Musk would ease moderation on the platform.

Among those panicking was Tur, who interviewed tech journalist Kara Fisher about the development on MSNBC.

"There are real and devastating consequences for using that platform to lie, and we've seen it happen," said Tur.

"Yes!" agreed Fisher.

"I wonder," Tur added, stammering. "You know in talking about this, you know, it's kinda funny, oh, Elon Musk wants to buy it, but there are massive, life and globe-altering consequences for just letting people run wild on the thing.”

"Yes, one hundred percent, but that's Facebook, is really, where the real action is in that, so, this is a very small company. It has an outsized influence cuz media people like it, politicians, world leaders, and Elon Musk.

Swisher went on to joke that Musk sounded like a supervillain and said that the billionaire believes he is the Marvel superhero Iron Man. She also pointed out that Wall Street appeared not to take the offer seriously since the price of Twitter shock had not risen after he made the announcement.

Tur also expressed serious concern that Musk might allow former President Donald Trump back on Twitter after he was permanently banned in 2021.

When asked why he was interested in controlling Twitter, Musk explained that the platform could be pivotal to the development of freedom around the globe.

"My strong intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization," Musk explained at Ted Talk 2022 in Vancouver, Canada.

Here's the video of Tur's comments: