'Should Have Walked Away': Jack Dorsey Says 'It All Went South' After Elon Musk Took Over Twitter "All we can do now is build something to avoid that ever happening again," Dorsey wrote.

By Erin Davis

JIM WATSON/AFP I Getty Images
Elon Musk (L) Jack Dorsey (R)

"No."

That was Jack Dorsey's response when he was asked on his app, Bluesky, if Twitter's current owner and CEO, Elon Musk, was right for the job. This is the opposite of his position last year, when he Tweeted: "Elon is the singular solution I trust."

Dorsey added that the board should not have "forced the sale" and that "it all went south."

Dorsey's Bluesky posts were reviewed by CNN and CBS.

RELATED: Elon Musk Says Twitter Is Valued At Less Than Half of What He Paid For It Just Days After Sending Frantic Email to Employees

Musk acquired Twitter in October 2022 for $44 billion and then laid off thousands of employees. The app has experienced outages, glitches, and a whiplash news cycle over verifications and Twitter Blue.

Still, Dorsey deflected any blame for the deal, noting that the board would have accepted the highest offer.

"This is true for every public company," he wrote, adding that the board authorized the deal, not just him, and the other alternatives were "hedge funds and Wall Street activists."

"The company would have never survived as a public company," Dorsey said on the app, per CNN. "I wish it were different."

Bluesky hit the App Store in March, but a code is still needed to set up an account.

RELATED: 'This Will Be a Nightmare': Mark Cuban Slams Elon Musk's New Twitter Verification System

Erin Davis

Entrepreneur Staff

Freelance Writer

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

This 30-Year-Old's $6,000-a-Month Side Hustle Started Making Money 'Immediately' — But He's Not Quitting His Day Job

Derrick Mathy works in orthopedic surgical device sales and is on a mission to bring people together in real life.

Growing a Business

Obsessing Over Your Product Can Hurt Your Business — Here's What You Need to Focus on to Fuel Sustainable Growth

Forget about perfecting your product. Here's how sales-led startups thrive in any market.

Growing a Business

How This Founder Is Sharing the Immigrant Story Through Food – And Her Best Advice for Entrepreneurs

Immigrant Food is transforming the culinary world by celebrating global flavors and advocating for immigrant contributions in America.

Business News

'Unprecedented in Our 53-Year History': Southwest Airlines Announces Its First Mass Layoffs Ever

The airline is eliminating 15% of its corporate workforce, including many in senior leadership positions.

Business News

Elon Musk's xAI Claims Its New Grok 3 AI Is Better Than ChatGPT and DeepSeek: 'Seeing the Beginnings of Creativity'

xAI debuted the new AI on Monday, claiming it has 10 times the computational power of Grok 2.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.