The founder of Twitter, Jack Dorsey, supports the new owner of Twitter, Elon Musk, and that partnership is surprising for participants on the social media platform from both the left and the right.
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Dorsey tweeted after the company’s purchase that he was enthusiastic about Musk and the future of Twitter in a series of tweets.
“I love Twitter. Twitter is the closest thing we have to a global consciousness,” Dorsey tweeted.
“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 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.
— jack⚡️ (@jack) April 26, 2022
“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,” the former CEO said.
“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 said.
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.
— jack⚡️ (@jack) April 26, 2022
“I’m so happy Twitter will continue to serve the public conversation. Around the world, and into the stars!” he said.
I’m so happy Twitter will continue to serve the public conversation. Around the world, and into the stars!
— jack⚡️ (@jack) April 26, 2022
The sale price settled upon is expected to be $54.20 per share, pending the approval of shareholders and regulatory approvals, according to a press release that was provided by Twitter:
“Under the terms of the agreement, Twitter stockholders will receive $54.20 in cash for each share of Twitter common stock that they own upon closing of the proposed transaction,” the company said. “The purchase price represents a 38% premium to Twitter’s closing stock price on April 1, 2022, which was the last trading day before Musk disclosed his approximately 9% stake in Twitter.”
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spambots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”
Musk’s response to the news was one of excitement:
🚀💫♥️ Yesss!!! ♥️💫🚀 pic.twitter.com/0T9HzUHuh6
— Elon Musk (@elonmusk) April 25, 2022
The left was absolutely miserable, and many threatened to leave the platform for good.
“Looks like I’m about to say goodbye to Twitter as well. I’ve been pulling back a bit from social media anyway. This will be just the push I need to go all the way on this app,” New York Times writer Charles M. Blow posted in protest to Musk, the first African- American to own a social media platform.
Actress Yvette Nicole Brown joined Blow and said she was leaving to join another network hardly anyone has ever heard of. “I’m leaving too friend. I joined a site called http://counter.social it appears to be fighting against what @twitter is about to become,” she said.
From tweets of the Blue Check Marks who were enraged:
“I will not stay on Twitter if Elon Musk owns it,” former New York Times editorial board member Mira Kamdar said.
Former World Wrestling Entertainment World Heavyweight Champion Mick Foley also posted in a fragile meltdown, that he is leaving.
Actress Yvette Nicole Brown joined Blow and said she was leaving to join another network hardly anyone has ever heard of.
“I’m leaving too friend. I joined a site called http://counter.social it appears to be fighting against what @twitter is about to become,” she said.
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“I will not stay on Twitter if Elon Musk owns it,” former New York Times editorial board member Mira Kamdar said.
Former World Wrestling Entertainment World Heavyweight Champion Mick Foley also showed his snowflake side.
“I’ll be giving some serious thought to leaving @Twitter for good in the near future. I do not have a good feeling about where this platform is heading,” he said before making several more tweets about where he is going to be appearing next.
