You can be on Entrepreneur’s cover!

Twitter Founder Jack Dorsey Breaks Silence on Musk Takeover: 'I Trust His Mission to Extend the Light of Consciousness' Dorsey, who was CEO of the company until November 2021, took to the platform to pen his thoughts on the new changes.

By Emily Rella

entrepreneur daily

Former Twitter CEO and face of the company, Jack Dorsey, took to the social media platform on Tuesday to express his faith and trust in Elon Musk upon the Tesla CEO's acquistion of the company.

Dorsey, who co-founded Twitter in 2006, posted a series of Tweets where he praised and endorsed Musk and his dedication to free speech, calling Twitter the "closest thing we have to a global consciousness."

He went on to say that he will do "whatever it takes to protect" Twitter's initial purpose and that the company and behemoth that it has turned into has been his "biggest regret," blaming Wall Street and the corporate "ad model."

Related: It's Official: Elon Buys Twitter

"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," Dorsey admitted amid his Tweet spree. "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."

He commended Musk's dedication to make the platform more inclusive as well as thanking Twitter's current CEO Parag Agrawal (whom Dorsey handpicked as his successor last November) for doing the same.

"Thank you both for getting the company out of an impossible situation," Dorsey penned. "This is the right path...I believe it with all my heart."

Talk about a strong endorsement -- or should we say, en-Dorsey-ment!

The former Twitter CEO also posted a link to the Radiohead song Everything In Its Right Place, which has a self explanatory title.

Related: Jack Dorsey Explains Why Elon Musk Has One of the Best Twitter Accounts

Dorsey resigned last year before handing the torch to Agrawal who was Chief Technology Officer of the company at the time, calling his trust in Agrawal as "bone deep" in an email to employees that he shared via (you guessed it) Twitter in what he called an effort to have Twitter be the "most transparent company in the world."

"I've worked hard to ensure that this company can break away from its founding and founders," Dorsey wrote upon his announcement. "I'm really sad … yet really happy. There aren't many companies that get to this level. And there aren't many founders that choose their company over their own ego."

As of Tuesday afternoon, Twitter was down just shy of 3% day over day. Shares were valued at $51.57 during premarket trading the same day.

Related: Jack Dorsey Sells First Tweet for $2.9M

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

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

Editor's Pick

Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business Solutions

Grab Microsoft Project Professional 2021 for $20 During This Flash Sale

This small investment is well worth the time it will save your team in organizing and monitoring project work.

Business News

Microsoft's New AI Can Make Photographs Sing and Talk — and It Already Has the Mona Lisa Lip-Syncing

The VASA-1 AI model was not trained on the Mona Lisa but could animate it anyway.

Data & Recovery

This File Backup Tool Subscription Is $25 for Life for One Week Only

AOEMI Backupper Professional is designed to protect, store, and transfer user's files for them.