Not even remotely. What's happened is that Bannon used to be the pusher of Trump's more deranged strategies, but Trump upgraded to a much more aligned racist who also far better represents the people Trump wants to attract to his circle, spineless Oligarchs. You're witnessing the jealousy of someone who built Trump walk away with all of his work and leaving him with none of the expected power.
The thing is, Musk clearly has some kompromat on Trump, and he can't really throw Musk under the bus without Musk firing back to hurt Trump.
Bannon has been kicked to the curb and is unhappy about it, but frankly, Musk knew how to play the game and get the dirt so Trump can't push back without having Musk reveal the truth of the matter.
My guess is evidence Musk helped him cheat in the election and that Harris would have actually won.
Kind of like in 2004 and the Dems just let it slide then instead of trying to prove it.
I'm starting to think no one has kompromat on Trump, mainly because he's too shameless and immune to everything that nothing can carry any weight.
What does seem to easily work on Trump is feeding his ego. The tech-bros were a realm of huge wealth and a party he wasn't really invited to. To be invited to the table by those folks and flattered is plenty to make Trump putty in their hands.
His first wave of sycophants just can't compete with the big boys that have started playing the games. The cool kids let him sit at the table now, so why acknowledge the losers he used to sit with?
What Musk has on trump is that he bought him the presidency and bailed him out on a shit-ton of debt, so much we can't even know what all Musk has given trump, so trump as POTUS now has nothing to worry about any more--except Musk. In return Musk gets to pocket and funnel billions of taxpayer money into his businesses (and not to his competitors), incapacitate all the government agencies that regulate his businesses or investigate complaints about his businesses--all his problems have gone away and he totally owns trump. We need only watch how "Little X" can pick his nose to tell trump to shut up to his face during a press conference and trump sits there and takes it, to know this is how things are.