Twitter creator and former CEO JACK Dorsey has praised Elon Musk’s takeover of the social media giant.
In a statement posted on Twitter, Jack Dorsey says, he trusts the SpaceX and Tesla CEO Elon Musk to run the company.
‘I love Twitter. Twitter is the closest thing we have to a global consciousness’, Dorsey stated on a Thread.
He added, “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 steps’.
Elon Musk bought Twitter, Monday evening (Kenya Time) for Sh5 Trillion.
It’s been weeks of back and forth, however, in his letter to Twitter board, Mr Musk had strongly stated that, he had not time for ‘back and forth’ and that that was his final offer.
He threatened that if the deal didn’t go through, he had a ‘plan B’.
The plan B, he refused to reveal when pressed in a Ted Talk.
‘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’, Jack Dorsey further stated.
Dorsey continued, ‘Elon’s goal of creating a platform that is “maximally trusted and broadly inclusive” is the right one. This is also @paraga’s (current Twitter CEO) 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 concluded the thread by stating, ‘I’m so happy Twitter will continue to serve the public conversation. Around the world, and into the stars!’.
Elon Musk decision to buy Twitter is based on the need to protect free speech as he said.
“I hope that even my worst critics remain on Twitter, because that is what free speech means”, he tweeted yesterday.
Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]