What Twitter CEO Parag Agrawal said on Musk deal; Jack Dorsey backs takeover
Jack Dorsey called Musk buying Twitter a step in the right direction for the website
Eleven days after announcing his bid for Twitter, Elon Musk acquired the company in a US$44 billion deal. Twitter announced that the public company will become privately held after the acquisition is complete.
Jack Dorsey backs Twitter takeover by Elon Musk
Jack Dorsey, the former CEO of the microblogging site Jack Dorsey dropped a series of tweets, suggesting that he supports the move.
"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," Dorsey tweeted.
Dorsey called Musk buying Twitter a step in the right direction for the website.
"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," he added.
-With agency inputs
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