Former CEO Dorsey Endorses Musk’s Twitter Takeover

    Photo: Bloomberg/Getty Images [via the New York Post]

    The Facts

    • Twitter co-founder Jack Dorsey has endorsed Tesla and SpaceX CEO Elon Musk's takeover of Twitter in a series of tweets.

    • Dorsey, who stepped down as Twitter CEO in Nov. 2021 but remains on the company's board, wrote Musk is "the singular solution I trust" to Twitter being "owned by Wall Street and the ad model."


    The Spin

    Narrative B

    Advertisements make it possible for platforms to provide products and services to price-sensitive consumers without breaking the bank. The ad-revenue model is a boon to consumers.

    Narrative C

    Getting rid of ads is just one of the many positive changes Musk's privatization of Twitter will bring. In addition to improving many features and removing the platform from politics, he's pledged to replace ad revenue with subscription fees from 'Twitter Blue' customers and have the board of directors work for free.


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