Political strategist Steve Bannon said heâd heard from âvery close sourcesâ that Twitter offered Tesla and SpaceX CEO Elon Musk a major discount on his purchase of the Social media platform if he would agree to two terms.
The first term, according to Bannon, was that Musk keep the companyâs ban on former President Trump and other conservatives in place, and the second was that he retain the current management team.
The worldâs richest man rejected the offer, Bannon said.
He made the comment in an interview with One America News Networkâs Caitlin Sinclair on Wednesday.
In an abbreviated clip shared by Sinclair on Twitter, the former Trump adviser said the sources told him that âTwitter came back and said, âHey, weâll actually knock a couple of billion dollars off the price if you commit to two things.
ââNumber one: not let Trump and the conservatives back on Twitter that weâve already banned, right?
ââNumber two: if you allow the management team to stay.â
âMy understanding is that Elon Musk was not prepared to do either one and said, âNo, the dealâs the deal.'â
Bannonâs allegations have not been confirmed, obviously. But considering that Musk describes himself as a âFree Speech absolutist,â both of these terms are clearly incompatible with his rationale for buying Twitter in the first place.
During a May interview with Financial Times, Musk was asked if he was âplanning to let Donald Trump back on.â
He responded, âI do think that it was not correct to ban Donald Trump. I think that was a mistake because it alienated a large part of the country and did not ultimately result in Donald Trump not having a voice.â
The billionaire called the ban âa morally bad decisionâ and said it was âfoolish in the extreme.â He added that permanent bans from the Social media site should be âextremely rareâ and reserved âfor accounts that are bots or âspam-scamâ accounts.â
On Wednesday, The Epoch Times reported on a series of text messages âbetween Musk and business leaders, media personalities, celebrities, Twitter executives, and friendsâ that were made public this week. The messages suggest that if the deal goes through, there will be mass layoffs at the Social media giant, according to the report.
In one exchange between Musk and internet entrepreneur Jason Calacanis, they compared Twitterâs ârevenue per employeeâ ratio of $625,000 in 2021 with the significantly higher rates achieved by Apple and Google over the same period.
After crunching the numbers, Calacanis determined Appleâs revenue per employee ratio to be $2.37 million and Googleâs to be $1.9 million.
Musk wrote:Â âInsane potential for improvement.â
Whether or not he plans to improve this statistic by firing workers was left unsaid.
An exchange between Musk and Twitter CEO Parag Agrawal suggested a chilly relationship between the two.
Agrawal criticized Musk over an April 9 tweet in which he had asked, âIs Twitter dying?â The CEO said it wasnât âhelping make Twitter better in the current context. ⊠Iâd like the company to get to a place where we are more resilient and donât get distracted, but we arenât there right now.â
Musk replied, âWhat did you get done this week? Iâm not joining the board. This is a waste of time.â
The texts do show, however, that Musk had a respectful relationship with Twitter co-founder and former CEO Jack Dorsey.
None of the messages said the current management team would be let go once the deal closes. However, given Muskâs firm belief in Free Speech and the distance between their visions for the company going forward, itâs hard to imagine he would retain Twitterâs leadership.
This article appeared originally on The Western Journal.
