When Tesla Inc (NASDAQ:TSLA) CEO Elon Musk, who is attempting to take over Twitter Inc (NYSE:TWTR), noted that the company’s founder Jack Dorsey had quit the social media firm’s board of directors, the latter reacted with an emoji.
What Happened: Dorsey posted an emoji of a galloping horse in response to Musk’s tweet.
— jack (@jack) May 26, 2022
Musk said that he was a fan of Dorsey and wished he would stay on the board but understood that he needs to move on.
I’m a fan of Jack btw. Wish he would stay on the board, but I understand that he needs to move on.
— Elon Musk (@elonmusk) May 26, 2022
See Also: How To Buy Twitter (TWTR) Shares
Why It Matters: A horse can be used to represent a stallion, according to Emojipedia.
Twitter users tried to decipher the meaning of Dorsey’s cryptic tweet.
What's the meaning of this? Jack riding into the sunset, after a long hard career at Twitter?
— Thomas O'Reilly (@tomoreillymma1) May 26, 2022
he wants a stallion
— Christopher Eagle (@eagle4congress) May 27, 2022
Recently, Musk expressed concern about potential skeletons in Twitter’s closet after it was reported that the company agreed to pay a $150 million fine to Federal agencies.
Price Action: On Thursday, Twitter shares closed 6.4% higher at $39.54 in regular trading and fell 0.2% in the after-hours trading. On the same day, Tesla shares closed 7.4% higher at $707.73 in regular trading and rose 0.7% in the after-hours session, according to Benzinga Pro data.
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