Elon Musk posts cryptic tweet amid rumours he’s ducking out of Twitter bid

Elon Musk has taken to Twitter to share a cryptic message following rumours that he has ducked out of his bid to buy the social media platform.

Musk, believed to be the richest person in the world, boasts a staggering net worth of $273billion (£212bn) and offered to buy Twitter out completely after becoming the social media company's largest shareholder late last month.

In a letter obtained by the US Security and Exchanges Commission, Musk seemingly made his 'best and final offer' to buy Twitter completely.

The world's richest man has offered to pay $54.20 (£42) per share in cash, or around $43billion (£32billion).

Musk, who is one of Twitter's most-followed users, recently bought a 9.2% share in the social media giant and became the company's largest shareholder.

However, after making a series of controversial suggestions about changes to the company, including adding an 'edit' button to posts and turning Twitter's headquarters into a homeless shelter, Musk announced he would not be taking up an offered seat on Twitter's board of directors.

Now, amid all the speculation around him buying the social media platform, he has tweeted: "Moving on …"

The short and sweet cryptic message has people drawing their own conclusions on what the Tesla owner means. @CarmineSabia tweeted: "I pray that does not mean what I think it means."

@Quintin24 replied: "No Twitter acquisition?"

This tweet has come after the SpaceX and Tesla CEO divided opinions yesterday when he compared tech rival Bill Gates to a pregnant man in a brutal tweet.

@3YearLetterman replied, with thousands of people liking the tweet, saying: "Bill Gates literally invented computers. Show some respect and delete this."

When Musk turned down a position on the board of directors, Twitter CEO Parag Agrawal said it was "for the best."

He said: "We have and will always value input from our shareholders whether they are on our board or not. Elon is our biggest shareholder and we will remain open to his input.”

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