Twitter co-Founder Is No Longer a Fan of His Friend Elon Musk

The Twitter co-founder appears to be distancing himself from the Tesla CEO he once backed.

Are there tensions between tech billionaires Elon Musk and Jack Dorsey? 

The two tech bros have always displayed their friendship despite the criticism.

Dorsey has often praised Musk whenever the opportunity arises. Such was the case last April when Musk made his offer to acquire Twitter for $44 billion. Dorsey did not hesitate to declare that his billionaire friend was the only one capable of revamping the microblogging website, considered the town square of our time.

"In principle, I don’t believe anyone should own or run Twitter," Dorsey, who now runs payment service company Block, wrote on April 25. "It wants to be a public good at a protocol level, not a company. Solving for the problem of it being a company however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness."

From Praises ....

He went further by saying that "Elon’s goal of creating a platform that is “maximally trusted and broadly inclusive” is the right one."

Dorsey was one of the few CEOs to back Musk amid strained relations with the Securities and Exchange Commission.

"Ok, then WHO is the most exciting influential on Twitter right now? BE SPECIFIC," journalist Kara Swisher asked Dorsey on February 2019.

"To me personally? I like how @elonmusk uses Twitter," Dorsey answered. "He’s focused on solving existential problems and sharing his thinking openly. I respect that a lot, and all the ups and downs that come with it #karajack."

Recently, when Musk cut half of Twitter's workforce, or 3,750 jobs, in one day, Dorsey indirectly supported him by taking responsibility for the drastic measure.

"I own the responsibility for why everyone is in this situation: I grew the company size too quickly. I apologize for that," Dorsey posted on Twitter.

... To Criticism

In addition, Dorsey remains a shareholder of Twitter after he rolled over about 18 million of his shares, or a 2.4% stake valued at $1 billion, according to a SEC filing, in the new company created by Musk, following the acquisition of the platform. This firm is X Holdings.

But the CEO of payments company Block  (SQ) - Get Free Report, formerly Square, doesn't seem to like the changes Musk has made to Twitter. To be clear, Dorsey isn't sold on Twitter 2.0, while Musk feels the platform has become more fun since he took over.

"Twitter is fun