Jack Dorsey Praises Elon Musk Following Twitter Acquisition

We revealed earlier today that Elon Musk managed to secure his deal with Twitter following efforts to buy the company.

Now, it seems that the former CEO Jack Dorsey is praising Musk. Check out the latest reports about this below.

Twitter shouldn’t have an overlord, its founder and former 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, according to him.

“Elon is the singular solution I trust,” Dorsey said of the social media’s impending change in ownership.

The other day, Musk prevailed in his bid to take the company private for $54.20 a share.

Dorsey who is a BTC 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.

“Taking it back from Wall Street is the correct first step.”

This came right after Musk grabbed control of his favorite megaphone, as XCoinDesk puts it.

That debate could have an impact on crypto, too. Just think about the fact that Musk has been promoting DOGE.

Musk has pledged to prioritize free speech on Twitter. This was a message of open dialogue that Dorsey praised.

“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,” Dorsey tweeted.

Stay tuned for more news and make sure to keep your eyes on the market as interesting things will happen.