Elon Musk addressed to the widely-asked question on Twitter, “Will he allow Donald Trump back on the social networking site?” on Monday.

“If I had a dollar for every time someone asked me if Trump is coming back on this platform, Twitter would be minting money!” Musk tweeted.

Last Monday, Musk completed the $44 billion purchase of Twitter. He fired the top executives of the corporation as soon as he gained control of it.

Trump’s account would be restored, according to Musk, who calls himself a “free speech absolutist,” in the weeks and months before he bought Twitter.

Also read: Elon Musk to be Twitter CEO: Court filing

But doing so can cost a lot of money.

Last week, The Wall Street Journal reported that a number of well-known companies were preparing to terminate connections with Twitter if Musk carried out his threat to reinstate Trump on the platform.

Musk attempted to reassure anxious Madison Avenue last week by promising that he would prevent Twitter from turning into a “free-for-all hellscape,” showing that he is aware of what an advertising exodus may entail for his company’s bottom line.

Also read: Elon Musk dissolves Twitter’s board of directors

Following the events in the US Capitol on January 6, 2021, Trump was prohibited from using Twitter, his favoured platform for reaching the general public.

Famous people and athletes, like basketball legend LeBron James, have grown concerned about the rise in hate speech and racist slurs since Musk took over Twitter.

James was sent to a thread by Twitter’s head of safety and integrity, Yoel Roth, in response to Musk.

Also read: Elon Musk’s Twitter may lay off 25% of employees: Report

“Over the last 48 hours, we’ve seen a small number of accounts post a ton of Tweets that include slurs and other derogatory terms,” Roth tweeted on Saturday. “To give you a sense of scale: More than 50,000 Tweets repeatedly using a particular slur came from just 300 accounts.”

Roth continued, “Nearly all of these accounts are inauthentic. We’ve taken action to ban the users involved in this trolling campaign — and are going to continue working to address this in the days to come to make Twitter safe and welcoming for everyone.”

Also read: Elon Musk’s Twitter may make users pay for blue tick

Now that Twitter is controlled by Musk, Nicholas Fuentes, a white nationalist who was barred from the social media site last year, wanted to rejoin it. However, the website once more rejected him.

When he shared a link to a conspiracy theory about last week’s assault on Paul Pelosi, the 82-year-old husband of House Speaker Nancy Pelosi, Musk himself created a sensation.

He removed the tweet after receiving a lot of negative feedback.

Also read: Elon Musk denies NYT saying Twitter’s owner shared fake news

Trump stated on Friday that he is relieved that Musk is running Twitter in “sane hands,” but he made no mention of any potential return to the social media site while promoting his own, Truth Social.

“I am very happy that Twitter is now in sane hands, and will no longer be run by Radical Left Lunatics and Maniacs that truly hate our country,” Trump wrote in his Truth Social post.

Previously on Friday Musk tweeted that “Twitter will be forming a content moderation council with widely diverse viewpoints,” adding that “No major content decisions or account reinstatements will happen before that council convenes.”