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Twitter founder welcomes Elon Musk's takeover of the platform

Twitter founder welcomes Elon Musk's takeover of the platform

Twitter founder Jack Dorsey has described Elon Musk’s takeover of his company as “the singular solution I trust”.

The Tesla and SpaceX chief executive is buying the social media platform for approximately $44 billion.

Mr Dorsey, who founded Twitter in 2006, gave his blessing to the takeover in a series of tweets.

He hailed the decision to let Mr Musk take the social media platform into private ownership and away from the ad model and Wall Street.

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“In principle, I don’t believe anyone should own or run Twitter,” he said.

“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.”

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