Jack Dorsey had been initially supportive of Musk buying the company, but in the past few weeks had become unnerved by the controversy and drama. Musk, he worried, was going to gut his baby. He wasn’t sure he wanted to condone that. More significantly, he was balking at allowing his stock in Twitter to be rolled over into equity in the new Musk-controlled private company. If he didn’t roll over his stock, it could be bad for Musk’s financing plans.

