The Tesla CEO recently announced he had become the largest shareholder in the social media site, having bought a 9.2 percent stake in the company.
However, now he wants to take things up a notch by buying out the social media platform for a whopping $41 billion (£31bn).
Musk shared the offer he made with his Twitter followers, which included a letter directed to Twitter chairman Bret Taylor in which he suggests buying the company for $54.20 per share.
Eagle-eyed fans were quick to notice that this number happens to include ‘420’ – a reference to cannabis culture that the 50-year-old businessman is particularly fond of.
This isn’t the first time Musk’s joked about the number, and the same goes for ‘69’... do I really have to explain that one to you?
In fact, last week the SpaceX founder tweeted: “69.420% of statistics are false.”
Just a couple of days earlier, he also shared a meme about smoking weed at Twitter meetings with a picture of his 2018 appearance on the Joe Rogan podcast alongside the caption: “Twitter’s next board meeting is gonna be lit.”
Numerous people commented on Musk’s latest 420 gag, with one writing: “Took me a while to see the ‘420’ in @elonmusk’s $54.20 offer.”
Another said: “@elonmusk $69.420 would have been an epic meme offer.”
A third added: “Only @elonmusk can choose to offer a billion dollar company a stock price with 420 in it.”
As for whether Twitter will accept Musk’s offer is yet to be seen, but the company has since responded by saying it will review the proposal.
It said in a statement published today (14 April): “Twitter, Inc today confirmed it has received an unsolicited, non-binding proposal from Elon Musk to acquire all of the Company’s outstanding common stock for $54.20 per share in cash.
“The Twitter Board of Directors will carefully review the proposal to determine the course of action that it believes is in the best interest of the Company and all Twitter stockholders.”
Since taking a huge stake in the tech giant, Musk has already proposed a couple of major changes.
Just last week, he suggested transforming Twitter's headquarters in San Francisco into a homeless shelter.
His message was seemingly to take aim at the Twitter staff choosing to still work from home and suggest the office could be used in a more constructive manner.
In a poll, which has since been taken down, he asked: “Convert Twitter SF HQ to homeless shelter since no one shows up anyway?”
It hit more than 1.9 million votes at the time, with 91.3 per cent of voters in favour of the proposition.