After Tesla Chief Elon Musk succeeded in his bid to take over Twitter, the previous CEO of the microblogging website Jack Dorsey dropped a collection of tweets, suggesting that he helps the transfer. “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, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness,” Dorsey tweeted.

Twitter on Monday (native time) confirmed the sale of the corporate to Musk for $44 billion (roughly Rs. 3,36,400 crore). Under the phrases of the deal, shareholders will obtain $54.20 (roughly Rs. 4,100) in money for every share of Twitter inventory they personal, matching Musk’s unique supply and marking a 38 per cent premium over the inventory worth the day earlier than Musk revealed his stake within the firm, CNN reported.

Dorsey referred to as Musk shopping for Twitter a step in the appropriate course for the web site.

“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,” he added.

For these unaware, Dorsey, the maverick co-founder of Twitter, on November 29, 2021, out of the blue introduced his resignation. Parag Agarwal, an IITian who was CTO at Twitter, was named his alternative.