Elon Musk

Prince Alwaleed bin Talal Al Saud chairs the Kingdom Holding Company, the Riyadh-based conglomerate that first purchased shares of Twitter in 2011 before the company’s 2013 initial public offering.

Elon Musk has made a “best and final” offer to buy Twitter Inc., saying the company has extraordinary potential and he will unlock it.

The new Twitter board member Saturday posted a poll on the idea, saying that “no one shows up anyway” -- an apparent reference to the company’s policy to allow employees the option of working remotely -- adding “I’m serious about this one."

Billionaire Elon Musk has decided that he will not be joining the Twitter board. This confirmation was given by Twitter CEO Parag Agrawal.

Musk, who acquired a 9.2 per cent interest in the social media behemoth earlier this week and was subsequently nominated to the company's board of directors, appears to have taken aim at the company's lenient remote working policy in the post, stating he devised the idea 'since hardly one comes up anyway.'

It is worth mentioning here that Musk purchased a massive 9.2 per cent stake in Twitter Inc. on Monday, April 4, making him the biggest outside shareholder in the company

Elon Musk has bought a 9.2 per cent interest in Twitter Inc, becoming the platform's largest investor.The most recent news sparked a meme frenzy on the social media handle.

According to a statement filed with the US Securities and Exchange Commission, the world's richest man purchased almost 73.5 million shares.

Prior to this, Indian businessman Gautam Adani set a new record in his business career by becoming Asia's richest person and the world's 10th richest person, with a net worth of US$90.5 billion, according to Forbes' Real-Time Billionaire estimates on February 3.

"Thank you, Germany!" (Thank you, Germany), Musk tweeted following the red ribbon event, when he joined staff in congratulating the first 30 drivers to take the wheel of their new vehicles.