Key takeaways:
- Jack Dorsey criticized Elon Musk’s handling of the $44 billion Twitter acquisition in a post on his new social media platform, Bluesky Social.
- Dorsey suggested that Musk should have walked away and paid the $1 billion termination fee.
- Dorsey was once a strong supporter of Musk’s proposed takeover, but now appears to have had a change of heart.
Jack Dorsey, co-founder and former CEO of Twitter, has changed his tune on Elon Musk’s purchase of the social media platform. On Friday, Dorsey took to his new social media platform, Bluesky Social, to criticize Musk’s handling of the $44 billion acquisition.
In a post responding to a user’s question about whether Musk has been the right person to lead Twitter, Dorsey was blunt: “It all went south.” He went on to explain that he doesn’t think Musk acted correctly after realizing his timing was bad. Dorsey even suggested that Musk should have walked away and paid the $1 billion termination fee.
The criticism comes as a surprise, as Dorsey was once a strong supporter of Musk’s proposed takeover. In April 2022, he called it a “singular solution” for Twitter and expressed trust in Musk’s mission to “extend the light of consciousness.”
However, it appears that Dorsey has had a change of heart. His comments on Bluesky Social suggest that he is no longer confident in Musk’s ability to lead Twitter. It remains to be seen how Musk will respond to the criticism.
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