Twitter co-founder: 'Elon is the singular solution I trust'

The co-founder and former CEO of Twitter celebrated the purchase of the platform he helped create by Elon Musk.

Jack Dorsey tweeted a link to Radiohead’s “Everything In Its Right Place” on Monday evening after the Space X and Tesla CEO purchased Twitter for $44 billion. He explained the issues he saw and why Musk was the right person.

“Twitter as a company has always been my sole issue and my biggest regret,” Dorsey said about the platform’s operation.

“It has been owned by Wall Street and the ad model. Taking it back from Wall Street is the correct first step,” he continued, referring to Musk’s intention to take Twitter private.

The former CEO explained that he doesn’t believe anyone should own or run Twitter because he saw it as a public good, not a company.

But he added, “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.”

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⚡️ (@jack) April 26, 2022

Dorsey is a longtime fan of Musk’s, inviting the tech billionaire to speak at Twitter employee events multiple times while he was CEO. Both entrepreneurs have tried to simultaneously run multiple tech companies: Dorsey with Twitter and Block, the payments company formerly known as Square, and Musk with Tesla and SpaceX.

The former Twitter executive lashed out at its board last week after they adopted a “poison pill” to prevent Musk from increasing his stake in the social media platform past 15%.

Dorsey endorsed Musk’s goal of “creating a platform that is ‘maximally trusted and broadly inclusive,’” which he said Twitter’s new CEO, Parag Agrawal, shared with him.

“This is the right path… I believe it with all my heart,” said Dorsey.

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