WATCH: Sen. Rand Paul says it makes financial sense for Twitter to invite Trump back

The Republican senator explained his thinking on Tuesday to Fox News host Sandra Smith on the cable news network's "America Reports" program.

Smith set up the current mystery by saying: "A couple of the big theories that are running around the social media atmosphere as a result of Elon Musk taking a seat on the board and becoming a larger shareholder stood out to me. One was will he bring back former President Donald Trump, and allow him back on Twitter? Since of course he was banned, and two… I don't know, Elon Musk is a smart guy, maybe he's accumulating such a big share of the company, and a seat on the board only to shut it down and start his own social media company."

For Paul personally, he used Twitter threads on an annual basis to air his Festivus grievances. But as for the current situation, it's worth noting Musk isn't the only one on Twitter's board, just the top man amidst a heap of several investment firms.

Paul then weighed in. His response played into the fact that on both Monday and Tuesday, Twitter's stock price has steeply risen in value amid the news of Musk's top-level involvement.

"Well. You know it used to be that the board of a company, or the mission of a company was to make money. And so, my guess is if Donald Trump came back with 80 million followers? My guess is that Twitter would make more money. It's amazing that we now have this sort of pseudo-social conscious, that we put this into board meetings, and then actually the boards are doing things and making policy that makes them less money. So I kind of liked it when there was an obligation, actually a financial obligation to make money for public corporations. And so, yeah I think it’ll be good," the GOP lawmaker said.

The senator from Kentucky expressed doubts that Trump would want to come back, even if he was invited. In "The Devil's Bargain" by Bloomberg's Joshua Green, the author cites the historical influence that Twitter had on Trump's political uprising, as a means of it being a ranting platform.

Paul cited Trump's TRUTH Social platform as a reason the former president might stay away from Twitter. While investors poured $1 billion into the project and it skyrocketed to the top of the App Store ahead of launch, a recent report by Reuters says top executives at TRUTH Social have quit amid a "troubled" app launch.

Trump was banned last year in the days following the Jan. 6, 2021, Capitol riot. The stated reasoning from the company at the time for their decision were fears that Trump would use Twitter to further incite his supporters.

Over the past couple of days, Tesla billionaire Elon Musk became one of Twitter’s largest shareholders, and was then appointed to the board of directors for the social media company. The fine print of the contract stipulates that he can't buy out too many shares.

According to The Babylon Bee's Seth Dillon, Musk's recent moves on Twitter were inspired by the company's earlier ban of the outlet. For the entrepreneur it started a conversation about free speech platforms.

While most at Twitter have been inspired by Musk in the past, there has been recent uproar surrounding the topic of free speech and moderation, and how Musk's takeover will have an impact on that.