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Twitter Co-Founder Jack Dorsey Says ‘It All Went South’ for Elon Musk After Buying the Social Media Giant

RTM Staff by RTM Staff
April 30, 2023
0

Jack Dorsey gave his unfiltered perspective on Elon Musk’s purchase and leadership of Twitter this weekend while speaking with users of Bluesky, a Twitter alternative the billionaire is backing.

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“No,” Dorsey, the co-founder of Twitter, answered a Bluesky user on Friday who asked if he thought Musk was the best leader for the platform, Bloomberg reported. “Nor do I think he acted right after realizing his timing [of the purchase] was bad. Nor do I think the board should have forced the sale. It all went south.”

Musk finalized his purchase of Twitter for $44 billion last October, following a protracted legal battle in which he tried to get out of the sale. After the purchase, the SpaceX CEO began laying off thousands of employees, claiming the company was losing $4 million a day.

He also controversially began charging Twitter users $8 a month in April to receive a “blue check,” ending the platform’s previous verification system.

“Payment as proof of human is a trap and I’m not aligned with that at all,” Dorsey added on the invitation-only platform. “The payment systems being used for that proof exclude millions if not billions of people.”

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Official agencies and some notable users with a large number of followers have maintained their blue checkmarks or have been given gray ones that signify a government agency or official.

Dorsey had previously been friendly with Musk and a year ago he tweeted, “Elon is the singular solution I trust” regarding the platform. “I trust his mission to extend the light of consciousness.”

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