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What I don't get, is why he'd ban the account when there's such an obvious risk of the Streisand effect, especially when he'd offered to buy him out a few months ago. Surely he'd know that doing this would get a ton of negative attention for hypocrisy, and probably cause a bunch of copycat accounts and websites to be created.
Are you assuming Musk is a rational actor?
There's a lot of people still making that mistake.
Have you ever heard of the term "Fuck you money" ?

Because he can! Bam!

I would not want anyone publishing my exact location in real time.
https://www.foxbusiness.com/technology/twitter-suspends-acco...

  That came just weeks after Musk wrote that he had not banned the
  @ElonJet account due to his "commitment to free speech."
el oh el

  "My commitment to free speech extends even to not banning the
  account following my plane, even though that is a direct personal
  safety risk," he tweeted on Nov. 6.
Freedumb of peach indeed.