Jack Dorsey reaction to Elon Musk’s Twitter Acquisition
By Orowo Victoria Ojieh
Twitter co-founder and former CEO Jack Dorsey commented on Elon Musk’s acquisition of the social media platform on Monday kicking off his thread with Radiohead’s song “Everything In Its Right Place.”
“I love Twitter. Twitter is the closest thing we have to a global consciousness,” he wrote.
After stepping down from Twitter in November 2021, Dorsey continued to sit on the company’s board of directors.
The idea and service are all that matter 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.
Reacting to the $44 billion deal, “In principle, I don’t 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,” he wrote.
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Elon’s goal of creating a platform that is “maximally trusted and broadly inclusive” is the right one. This is also @paraga’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.
“I’m so happy Twitter will continue to serve the public conversation. Around the world, and into the stars! ” Dorsey wrote
On April 14, the world’s richest man declared his takeover bid terming it his best and final offer. Elon Musk sealed the deal for $44 billion and is now the new owner of Twitter.
In his first tweet after taking over the social media giant, Musk said, “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.”
The Tesla Boss further stated that he wants to make “Twitter better than before by enhancing the product with new features.” He plans to make the system an “open source to increase trust, defeat the spam bots, as well as authenticate all humans.”
The billionaire ended his statement by saying, “Twitter has tremendous potential” and he looks forward to working with the company and the community of users.
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