- Text messages between Elon Musk and various notable figures in technology and business have been released.
- In several private exchanges, Musk and Jack Dorsey discussed the platform and Musk’s involvement.
- “I trust you,” Dorsey said in a text message to Musk.
Elon Musk and Jack Dorsey privately texted about Twitter several times before and after the Tesla billionaire became financially involved with the company, newly disclosed court records show.
Dorsey, a Twitter co-founder and former CEO, first texted Musk on March 26, according to a text log filed as part of Twitter’s ongoing lawsuit against Musk.
In his first text to Musk about Twitter, Dorsey said “A new platform is needed. It can’t be a company. That’s why I left.”
Musk quickly responded, according to the text log, asking “What’s that going to look like?” Dorsey went on to explain what he has said publicly, that Twitter would become an “open source protocol” that looks “a bit like what Signal has done,” referring to the encrypted messaging app. Dorsey also said that Twitter “can’t have an advertising model.” Advertising is today the central business model of social media companies.
Musk told Dorsey, “I’d like to help if I can.” Dorsey went on to tell Musk that he had actually pushed for his addition to Twitter’s board a year earlier, but Twitter’s board “said no.” He added that the Twitter board saw Musk “as more of a risk,” which I thought was completely stupid and backwards.
“That was about the time I decided I had to work to leave, as hard as it was for me,” Dorsey continued. This was also the time when activist investor Elliot Management became involved in Twitter, demanding a number of changes in the company’s operations towards growth and profitability.
While Dorsey’s contact with Musk on March 26 was referenced in a later filing with the SEC about Musk’s eventual offer to buy Twitter for $44 billion, the details of the exchanges were not disclosed. Subsequent texts at later times were also not mentioned.
When Musk finally struck a deal on April 5 with Twitter to join its board, the day after his more than 9% stake in the company went public, Musk texted Dorsey to set up a time to “talk confidentially. “
A couple of hours later, they sent two text messages referring to the conversation. Dorsey told Musk that he “couldn’t be happier that you’re doing this.”
“I’ve wanted it for a long time,” Dorsey added. – I became very emotional when I found out that it was finally possible.
When Musk asked Dorsey to advise him on whether or not he ever did “something stupid,” Dorsey replied, “I trust you, but it definitely will.”
Are you a Twitter employee or someone with insights to share? Contact Kali Hays at email@example.com, on secure messaging Signal at 949-280-0267, or via Twitter DM at @hayskali. Reach out with a device that doesn’t work.