Via Yahoo Finance

(Reuters) – Elon Musk said late on Monday he supported Jack Dorsey remaining as Twitter Inc’s <TWTR.N> 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 <TSLA.O> tweeted http://bit.ly/2VFpo2I, using the heart emoji to say Dorsey has a good heart.

Dorsey, 43, is one of Silicon Valley’s most prominent entrepreneurs, and also runs Square Inc <SQ.N>, a mobile payments company he co-founded.

Dorsey and Musk have lauded each other on social media earlier. In an event early this year, Dorsey had asked http://bit.ly/2vxT1bq Musk, who has over 31 million followers on Twitter, for advice on how to make the platform better.

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, Reuters reported on Friday, citing sources.

(Reporting by Radhika Anilkumar and Aishwarya Nair; Editing by Sriraj Kalluvila)

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