Twitter Founder Jack Dorsey Reacts To Elon Musk’s Takeover, Could Receive $970m Payout

The founder and former CEO of Twitter, Jack Dorsey, has reacted to the recent sale of the company to billionaire businessman, Elon Musk.

In a tweet, Dorsey, who owned about 2.2% of Twitter before Musk purchased it, expressed his support for Musk and his vision for the company in a tweet.

“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.

“I’m so happy Twitter will continue to serve the public conversation. Around the world, and into the stars!” Dorsey said.

Dorsey’s 2.2% adds up to about 18,042,428 shares which means that when the deal closes, he would receive more than $970 million.


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