BREAKING: MAGA lieutenant Steve Bannon drops a bombshell on Elon Musk and calls for a Special Counsel investigation into the billionaire after his falling out with Donald Trump last week — and calls for seizing SpaceX from him.

Musk accused Trump of being “in the Epstein files” and now Bannon is out for blood…

“I think there are a couple of stories breaking today. Number one, that already the Pentagon and other people are looking for a replacement for SpaceX,” Bannon told journalist Chuck Todd.

“Because I make the case, if 90% of SpaceX… First off what he tweeted the other day about the Dragon program — and they say this in the story — if Lockheed Martin or any CEO had done that, the Board would have immediately fired them,” said Bannon.

During his feud with Trump, Musk tweeted that SpaceX would begin “immediately” decommissioning the Dragon spacecraft, the only method of delivering American crew to the International Space Station. Musk later backtracked on the threat.

“Musk ratcheted that threat back,” observed Todd.

“Immediately but still you can’t have something like that,” said Bannon. “90%, I think it’s 90% of SpaceX’s revenues come from the government contracts, okay? They just did a financing, we find out had a $318 billion valuation. I think that he owns 50% so he’s made a $100-$150 billion dollars in net worth off government contracts.”

“Why do we not have warrants or options, huge packages for the American taxpayer as part of that?” asked Bannon. “I’m actually for — and I realize I always take a maximalist position — I think we ought to go in and say to the new management ‘We’re going to nationalize SpaceX.’ Cause it’s a government entity anyway with 90% of the revenues.”

“Well it can’t function without NASA and NASA can’t function without it,” said Todd.

“Exactly,” said Bannon. “This is my point and the program that he was talking about cutting is a $100 billion program to save the astronauts. This is across the board. We just find out now that Starlink has completely rewired the White House to put Starlink in and maybe even some of the White House personnel. So who knows?”

“My point is let’s everybody step back, take a deep breath. I think there has to be formal investigations,” said Bannon. “I think there has to be formal investigations.”

“Where do these investigations come from?” asked Todd. “Is it IGs?”

“I think the best way to do it is as a special counsel that can kind of oversee everything,” Bannon said. “Pull the security clearance for the drugs, temporarily, investigate the whole drug situation.”

The “drug situation” is a reference to a recent report in The New York Times which alleged that during the 2020 Trump campaign Musk was “using drugs far more intensely than previously known” and his “drug consumption went well beyond occasional use.”

His ketamine abuse allegedly got so bad that he informed people it was “affecting his bladder.” He also reportedly consumed Ecstasy, psychedelic mushrooms, and Adderall.

His problem was allegedly so bad that he traveled with a box contained roughly 20 pills. The Times obtained a photo of the box and spoke to people who have seen it.

Worst of all, Musk allegedly exploited his money and influence to evade drug tests required of all government contractors. “People close to the process” reportedly gave him “advance warning” of the tests.

Bannon has been going scorched Earth on Musk in recent days. The fact that the oligarch eventually deleted his tweet accusing Trump of Epstein involvement doesn’t seem to have calmed him down in the least.

“The president treated him almost like a son. He invited his family to Christmas dinner,” Bannon recently told Politico. “He let him sleep over. He let him walk in and out of meetings. The president went to the max informality to welcome this guy.”

“You’re going to tell me we should allow some f*cking punk to sit there and say he should be impeached and JD should step in? F*ck you, dude,” he continued.

“We’re going to go to f*cking war, and I’m going to rip your f*cking face off,” he added.

Bannon also recently stated that he hopes that Trump’s trade adviser Peter Navarro is “drafting executive orders even as we speak [to] implement the Defense Production Act to seize both SpaceX and Starlink and put them under government management until that time that all investigations into Musk are complete.”

Bannon also said that he is “of the strong belief that” Musk is “an illegal alien, and he should be deported from the country immediately.”