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

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Elon Musk texted with Jack Dorsey not long before the $44 billion offer
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Elon Musk exchanged text messages with Twitter co-founder Jack Dorsey not long before he made his $44 billion offer to buy Twitter, a court filing showed.

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.

"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.

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