Jack Dorsey praises Elon Musk after Twitter buyout

Hanno Labuschagne

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Jack Dorsey praises Elon Musk after Twitter buyout

Twitter Inc. co-founder Jack Dorsey said that the only solution he trusts for the platform is world’s richest man Elon Musk, after the Tesla Inc. chief reached a deal to buy the social media company for roughly $44 billion.

Dorsey, who took the company public in 2013, said Twitter has been “owned” by Wall Street and that taking it private was the “correct” first step. He holds a 2.36% stake in the firm, according to Bloomberg data.

[Bloomberg]
 
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