Business
Dorsey Praises Musk's Twitter Buy: 'Elon Is the Singular Solution'
"Taking it back from Wall Street is the correct first step," Twitter founder and erstwhile CEO Jack Dorsey tweeted Monday.
Twitter shouldn't have an overlord, its founder and on-again-off-again CEO Jack Dorsey tweeted late Monday night. But if it must, then Elon Musk, the richest man in the world, is as good as it gets.
"Elon is the singular solution I trust," Dorsey said of the social media's impending change in ownership. Earlier Monday, Musk prevailed in his bid to take the company private for $54.20 a share.
Dorsey, a bitcoin maximalist, preceded his statement with an ode to decentralization: "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," requires Elon, and Elon alone.