Twitter Co-Founder Jack Dorsey Rues Elon Musk Deal: ‘It All Went South’
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Twitter co-founder Jack Dorsey — once a supporter of Elon Musk's $44 billion acquisition of the site — is now offering sharp criticism of the new owner and his handling of the deal.
Asked if Musk has proven himself to be the best possible steward for the platform, Dorsey said, “No. Nor do I think he acted right after realizing his timing was bad. Nor do I think the board should have forced the sale.”
After stock markets turned shortly following his offer to buy Twitter a year ago, Musk sought to withdraw from the deal. That prompted a legal battle between the company and the billionaire, before the acquisition was completed at its original offer price.
“It all went south,” Dorsey wrote on Bluesky, the invite-only Twitter alternative that he's backing.
Twitter did not specifical...