London Daily

Focus on the big picture.
Tuesday, Jun 30, 2026

Elon Musk texted with Jack Dorsey not long before the $44 billion offer

Elon Musk texted with Jack Dorsey not long before the $44 billion offer

Elon Musk exchanged text messages with Twitter co-founder Jack Dorsey a few weeks before he made his $44 billion offer to buy Twitter, a court filing showed Thursday.

Dorsey texted Musk in late March, saying he left Twitter because a "new platform is needed" and it "can't be a company," according to a court filing related to Twitter and Musk's legal battle that was uploaded to DocumentCloud by New York Times reporter Kate Conger. When Musk asked what it should look like, Dorsey said Twitter "must be an open source protocol, funded by a foundation of sorts that doesn't own the protocol, only advances it."


Dorsey went on to say over text message that Twitter "can't have an advertising model" and that he intended to "do this work and fix our mistakes" once he left the company's board in May, the court filing showed. In response, Musk said he would "like to help if I am able to."

In another March text message, Dorsey revealed that he had previously attempted to get Musk on Twitter's board "back when we had the activist come in," but he said the board rejected the idea, according to the text message log.

Twitter co-founder Jack Dorsey listens during the Bitcoin 2021 conference in Miami on June 4, 2021.


"I think the main reason is the board is just super risk averse and saw adding you as more risk, which I thought was completely stupid and backwards, but I only had one vote, and 3% of the company, and no dual class shares," the Twitter co-founder explained in a text message. "Hard set up."

Musk expressed a desire to "discuss more," adding, "I think it's worth both trying to move Twitter in a better direction and doing something new that's decentralized," according to the filing.

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, on Jan. 7, 2019.


Musk offered to buy Twitter in April and started seeking to end the acquisition in July, prompting Twitter to file a lawsuit against him. He filed a counter-suit against the social media company, alleging that it breached its obligations under the acquisition agreement by misrepresenting the total number of fake and spam accounts.

Twitter has pushed back on Musk's claims of breaching the agreement and maintained that less than 5% of its users are spam and fake accounts.

Tesla CEO Elon Musk offered to buy Twitter in April but started seeking to end the acquisition in July.


The respective legal teams for Twitter and Musk were reportedly scheduled to depose Dorsey earlier in the month. The Twitter co-founder was previously subpoenaed by Musk in August in connection to the legal battle.

Twitter and Musk are set to go to trial in mid-October.

FOX Business reached out to Square, which Dorsey founded, and Tesla seeking comment from their respective CEOs' comments.

Newsletter

Related Articles

0:00
0:00
Close
Welsh Government Unveils New Agricultural Support Plan Focused on Sustainability and Rural Growth
UK Teacher Recruitment Shortfalls Continue in Science and STEM Subjects
Police Scotland Expands Cybercrime Investigations Amid Rising Digital Fraud
UK Universities Warn of Risk to International Student Numbers Amid Visa Changes
UK Defence Ministry Pivots Toward Greater Domestic Military Procurement
UK Launches National Rail Review After Repeated Service Disruptions
Northern Ireland Assembly Debates Long-Term Funding Settlement for Public Services
UK Accelerates Approval of North Sea Offshore Wind Projects to Expand Energy Capacity
UK Retail Sales Fall as Households Cut Discretionary Spending in June
UK Expands Border Intelligence Cooperation with France and Belgium to Target Smuggling Networks
Scottish Government Faces Pressure Over Delays in Major Infrastructure and Transport Projects
UK Launches Multi-Billion-Pound Artificial Intelligence Infrastructure Investment Fund
National Health Service Warns of Continued Emergency Department Strain Across England
Bank of England Signals Interest Rate Hold as Wage Growth Keeps Inflation Elevated
UK Sets Emergency Fiscal Strategy as Inflation Pressures and Weak Manufacturing Growth Persist
UK Launches New Measures to Improve Safety Standards in Night-Time Venues
UK Tightens Import Rules for Low-Value Parcels to Support Domestic Retailers
UK Launches £85 Million Obesity Care Programme Targeting Early Intervention Projects
UK Commits Up to $26 Million to Ebola Response in Democratic Republic of Congo
Security Industry Authority Flags Safety Failures in Night-Time Economy Inspections
Cambridge South Railway Station Opens After £250 Million Investment
UK Moves to Close Import Duty Loophole for Small Parcels by 2028
UK Invests £85 Million in Projects to Transform Obesity Care
Berkeley Group Warns London Housebuilding Falling Far Short of Demand
UK Council Tax Arrears Rise to £9.3 Billion Amid Ongoing Household Financial Strain
Markets Watch Political Transition as Andy Burnham Emerges as Labour Leadership Frontrunner
Extreme Heat Raises Long-Term Risks for UK Inflation and Productivity, Analysts Warn
UK Health Alerts Extended as Record June Heatwave Grips England
UK Parliament Faces High-Stakes Week of Spending, Security and Industrial Legislation
UK Repeals Vagrancy Act Ending Criminalisation of Rough Sleeping in England and Wales
GB News Pundit Charged With Fraud Over Alleged Conduct as Former Labour Adviser
Reform UK Gains Parliamentary Visibility in First Senedd Opposition Appearance
Metropolitan Police Arrest Man on Suspicion of Attempted Murder After London Car Incident
Ocado Chief Executive Tim Steiner Faces Scrutiny Over £100 Million Remuneration Package
British Chambers of Commerce Downgrades UK Growth Outlook to 0.9 Percent for 2026
Nottingham University Hospitals Maternity Failings Trigger Renewed Calls for Public Inquiry
Severe Heatwave Disrupts UK Transport Networks and Strains Public Services Across England
Labour Leadership Transition Raises Prospect of Andy Burnham Becoming UK Prime Minister
UK Government Confirms Further Medicine Price Concessions for Community Pharmacies in June
British Chambers of Commerce Calls for Public Procurement Reform to Boost Regional Growth
Thousands Mark Armed Forces Day Across the United Kingdom With National Parades and Flypasts
Man Arrested in Ealing on Suspicion of Attempted Murder After Vehicle Ramming Incident Injures Five
Cambridge South Station Opens With £250 Million Investment to Strengthen Life Sciences Corridor
UK Heat-Health Alerts Extended Across England as High Temperatures Persist
Thames Water and Energy Operators Warn of Peak Demand Risks During UK Heatwave
Government Conference Highlights Push for Evidence-Led Policy Across UK Public Sector
Insolvency Service Reports Improved Confidence in UK Insolvency System
Security Industry Authority Finds Widespread Safety Failures in UK Night-Time Economy
Nigel Farage Expands Anti-WHO Campaign Into United States With New Lobbying Structure
Home Secretary Seema Mahmood Unveils New Safe Routes Plan for Asylum Seekers
×