Elon Musk has revealed that he would reverse Twitter's permanent ban of Donald Trump if he completes his $44 billion acquisition of the social media platform.

Speaking virtually at a Financial Times conference in London on Tuesday, Musk said that Twitter's move to ban the former US president 'was a morally bad decision and foolish in the extreme'. 

'I do think it was not correct to ban Donald Trump,' added Musk, specifically addressing Trump's removal from Twitter for the first time since launching his takeover of the company last month.  

Trump was banned from Twitter in January 2021, in response to his supporters storming the US Capitol and attempting to block the certification of Joe Biden's election victory.

Trump, who recently launched his own competing service dubbed Truth Social, has previously claimed that he would not return to Twitter even if he was invited back.

Appearing virtually at the conference in London, Musk called Twitter's ban of Trump a 'mistake'.

'It alienated a large part of the country, and did not ultimately result in Donald Trump not having a voice. He is now going to be on Truth Social,' said Musk. 'So I think this may end up being frankly worse than having a single forum where everyone can debate. I guess the answer is that I would reverse the permanent ban.'