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Jack Dorsey, co-founder and former CEO of Twitter, supports Elon Musk’s plan to take the social media service private

the former CEO of Twitter, believes that Musk's bid to make the service private is the right move.

Jack Dorsey, co-founder and former CEO of Twitter, has expressed his support for Elon Musk’s $44 billion deal to take the social media service private.

Dorsey tweeted that taking Twitter back from Wall Street is “the correct first step” and that he trusts Musk’s mission to “extend the light of consciousness.”

Dorsey also stated that he believes Twitter should be a “public good at a protocol level, not a company,” and that Musk is the “singular solution” he trusts to solve the issue of it being a company.

Musk initially made an unsolicited offer to buy Twitter earlier this month, which was initially expected to be rejected.

However, the company reportedly warmed to the idea after Musk revealed his financing plan for the bid, which included backing from investment bank Morgan Stanley.

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