UK markets close in 3 hours 20 minutes
  • FTSE 100

    7,526.56
    +3.81 (+0.05%)
     
  • FTSE 250

    20,060.65
    +126.61 (+0.64%)
     
  • AIM

    955.19
    +2.26 (+0.24%)
     
  • GBP/EUR

    1.1760
    -0.0012 (-0.10%)
     
  • GBP/USD

    1.2590
    +0.0011 (+0.09%)
     
  • BTC-GBP

    23,014.17
    -488.66 (-2.08%)
     
  • CMC Crypto 200

    633.51
    -37.50 (-5.59%)
     
  • S&P 500

    3,978.73
    +37.25 (+0.95%)
     
  • DOW

    32,120.28
    +191.66 (+0.60%)
     
  • CRUDE OIL

    111.21
    +0.88 (+0.80%)
     
  • GOLD FUTURES

    1,844.60
    -1.70 (-0.09%)
     
  • NIKKEI 225

    26,604.84
    -72.96 (-0.27%)
     
  • HANG SENG

    20,116.20
    -55.07 (-0.27%)
     
  • DAX

    14,125.45
    +117.52 (+0.84%)
     
  • CAC 40

    6,344.71
    +46.07 (+0.73%)
     

Jack Dorsey says Elon Musk 'is the singular solution I trust'

·2-min read

Jack Dorsey, the co-founder of Twitter and current Block Head, has weighed in on how he feels about Elon Musk buying Twitter. In a tweet thread that starts out with a link to Radiohead’s “Everything In Its Right Place,” Dorsey said that “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.”

Earlier in the thread, he said that “Twitter is the closest thing we have to a global consciousness.” A good part of that "global consciousness" has been wondering over the past month whether or not Musk will actually buy the company. Before confirmation came yesterday, there was a time (i.e. a couple weeks ago), when it seemed like a farfetched idea.

Musk bought 9.2% of Twitter on April 4. Then 10 days later, he offered to buy Twitter for $42 billion, which was turned down the following day. But reports emerged on Monday that Twitter was close to a deal with Musk, and the company announced officially that it had accepted a $44 billion acquisition offer from Musk yesterday.

If you’re having trouble keeping track of the fast-moving developments in this saga, check out TechCrunch’s timeline.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting