
Elon Musk has said he supports Jack Dorsey remaining as Twitter CEO
Elon Musk on Monday said he supported Jack Dorsey remaining as Twitter Inc's chief executive officer, two days after reports that activist investor Elliott Management Corp has pushed for his removal from the role. "Just want (to) say that I support Jack as Twitter CEO," the billionaire chief executive officer of Tesla Inc tweeted, using the heart emoji to say Dorsey has a good heart.
Just want say that I support @Jack as Twitter CEO. He has a good ❤️.
— Elon Musk (@elonmusk) March 3, 2020
Mr Dorsey, 43, is one of Silicon Valley's most prominent entrepreneurs, and also runs Square Inc, a mobile payments company he co-founded.
Mr Dorsey and Mr Musk have lauded each other on social media earlier. In an event early this year, Mr Dorsey had asked Mr Musk, who has over 31 million followers on Twitter, for advice on how to make the platform better.
What @elonmusk thinks Twitter could be doing better. #OneTeampic.twitter.com/BvAUee7rmn
— Mary Kate (@_maryjordan) January 16, 2020
Hedge fund Elliott has amassed a stake in Twitter and will be seeking to install its own nominees to the social media company's eight-member board when three of the directors stand for election, news agency Reuters reported on Friday, citing sources.