The right-wing social media site Gab made a counterproposal to Musk's offer to buy the social media site, saying that if you want to protect free speech, invest in Gab instead.

Andrew Torba, the CEO of Gab, wants the richest person in the world to invest $2 billion in the company in exchange for a seat on its board and equity.

In an open letter to Musk, Torba offered to give him a seat on the company's board in exchange for Musk selling his stake in the company. My final offer is my best one.

Torba said in an accompanying statement that if Musk is interested in protecting free speech, Gab is in a better position than Twitter to do so.

He said that because of the policies of the Apple and Google app stores, users can download the Gab app from a browser. Gab has been banned from the app stores.

There is a problem of the community itself, according to Torba.

It skews left and is anti-free speech. He said that if free speech is allowed again, those people will leave because they cannot handle the reality of free speech.

A $43 billion deal was offered by Musk on Thursday. Musk wrote in the offer letter that he invested in the platform as he believed it could be a platform for free speech around the globe.

He said that it has extraordinary potential. I will open it.

Torba mimicked Musk's comments throughout his offer letter. Let's get it unlocked together.

Gab was founded in 2016 and claims to be a free-speech site that doesn't moderate content like most mainstream social media platforms. The site gained attention when the shooter of the Tree of Life synagogue in Pittsburgh posted anti-Semitic rhetoric on it.

Conservatives went to Gab after Donald Trump was banned from the site.

Insider asked for comment from Musk, but he did not respond immediately.