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A 19-year-old who was offered $5,000 by Elon Musk to shut down a Twitter account tracking the billionaire's jet told Insider he refused the offer because it wasn't enough to replace the satisfaction he gets from running the account.

Protocol first reported last week that Musk had approached Jack Sweeney via private messages on Twitter. The DMs, a screenshot of which Sweeney shared with Insider, showed that Musk asked him to take down the account, called Elon Musk's Jet, saying it was a "security risk."

Musk had said in a tweet earlier this month that social-media accounts discussing his whereabouts were "becoming a security issue."

Sweeney discussed with Musk how his bots were able to track the jet and gave technical advice on how the billionaire could make his jet less trackable.

"How about $5k for this account and generally helping make it harder for crazy people to track me?" Musk asked.

Sweeney responded: "Sounds doable, account and all my help. Any chance to up that to $50K?"