In the morning of May 12, Beijing time, twitter co-founder Jack Dorsey said on Wednesday that he was not willing to take charge of the social media company again, and if Elon Musk completed his acquisition of twitter, his future participation in twitter would be limited.
According to refinitiv, Dorsey, who currently heads the payment company block, holds a 2.4% stake in twitter.
Since Twitter's board of directors accepted Musk's $44 billion takeover offer on April 25, it has been unclear how the company's new leadership will be formed after the transaction is completed. On April 29, it was reported that musk had arranged a new CEO. In addition, it is also said that musk himself may temporarily hold the post of CEO of the company.
While leading twitter, Dorsey also experienced ups and downs. In 2008, two years after the launch of twitter, his CEO position was replaced. However, in 2015, he took over as CEO again until he gave way to Parag Agarwal, then chief technology officer, last year.
At the same time, a recent regulatory declaration document shows that musk is negotiating with Dorsey and hopes that Dorsey can sell its shares in the acquisition.