Twitter co-founder Jack DorseyApproves Elon Musk’sDeal to purchase social media website for $44 billion

Dorsey, in a Twitter reaction to the news about the takeover deal posted a Spotify Spotify link to Radiohead’s song “Everything in Its Right Place” and stated that Musk was the “singular answer I trust” for the management of the company he co-created with his wife.

He said, “I believe his mission to expand the light of consciousness.”

Twitter management will take place Monday accepted Musk’s offerTake the company private for $54.20 per shares

It has drawn both criticism and praise from many voices, from high-ranking political figures to Twitter’s users.

Musk’s supporters and Musk see it as an opportunity to return freedom of expression online. However, critics worry that the takeover will allow Musk too much control over internet discourse.

Dorsey was fired as CEO of Twitter last year. He has since focused his efforts on managing his payments company. BlockSquare, also known as formerly Square.

Silicon Valley entrepreneur, John Cheng said Twitter’s failures were his greatest regret.

Dorsey claimed that the “it has been owned Wall Street and ad modeling.” “Taking it back is the best first step.

He said, “In principle I don’t think anyone should own Twitter.” “It should be a public benefit at a protocol level. Not a company.”

Dorsey, on the other hand, says that Musk is the best choice for running the company.

He said that Elon’s goal to create a platform that is “maximally trustworthy and broadly inclusive” was the correct one. Parag Agrawal, the CEO of Twitter, thanked Musk for helping “getting the company from an impossible position.”

“This is the right way… Dorsey said, “This is the right path…

Dorsey was a vocal advocate for bitcoinTo address the problems of large tech corporations controlling most of the popular online services, he had previously proposed the creation decentralized social networking protocols. Bluesky is an initiative. set up in 2019Twitter has provided funding for the development of standards that will bring this vision into reality.

Bluesky posted a series tweets Monday clarifying their relationship to Twitter following Musk’s acquisition of the company.

Bluesky has been backed by Twitter but is an “independent” company. The project stated that funding from Twitter “isn’t subject to any conditions, except that Bluesky must research and develop technology that allows open and decentralized conversation.”