Former Twitter CEO Jack Dorsey calls Elon Musk ‘the singular solution I trust’

While much of the left is melting down over billionaire Elon Musk acquiring Twitter for $44 billion, providing the deal goes through, former CEO Jack Dorsey appears to be on board with the purchase, putting his full trust in the new owner.

Of course, Dorsey still owns just over 18 million shares of Twitter, or 2.4 percent of the company, and stands to receive a $978 million cash payout with Musk paying $54.20 per share.

After tweeting the Radiohead tune, “Everything in its right place,” Dorsey commented on the big news of the day.

“I love Twitter. Twitter is the closest thing we have to a global consciousness,” he said. “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.”

Dorsey continued to say he trusts Musk’s mission of elevating free speech and suggested that Twitter CEO Parag Agrawal shared the same goal.

“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. 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 tweeted.

Dorsey concluded: “I’m so happy Twitter will continue to serve the public conversation. Around the world, and into the stars!”

The former CEO  spoke about the “dysfunction” of the Twitter board of directors last week in response to a tweet from another user.

“If [you] look into the history of Twitter board, it’s intriguing as I was a witness on its early beginnings, mired in plots and coups, and particularly amongst Twitter’s founding members. I wish it could be made into a Hollywood thriller one day,” a social media user tweeted last Sunday.

Responding to the comment, Dorsey said “it’s consistently been the dysfunction of the company.”

If Musk fires Agrawal, he would be in line for a $38.7 million pay package based on a “Change in Control” clause in his contract, according to The Hollywood Reporter.

Tom Tillison

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