Update, 5:46 p.m. ET: SiriusXM has decided to end its relationship with Steve Bannon [1] and is terminating his hosting duties effective immediately as a result of his leaving Breitbart.

Original post: Steve Bannon, one-time alt-right poster boy and former aide to President Donald Trump [2], is out at Breitbart [3].

Bannon has been under heavy fire from the Trump camp as a result of comments he made to Michael Wolff for his explosive tell-all book, Fire and Fury, which culminated in the president openly accusing his former top adviser of "losing his mind" [4] as well as his job. The condemnation also allegedly caused him to lose the backing of the ultrawealthy Mercer family [5], who had funded many of his recent ventures. As it stands, there has been no confirmation that the severance of ties has come as a result of Bannon's lost political and financial capital, but it's hard to ignore the timing of the decision.

Breitbart immediately confirmed the Jan. 9 news [6], with the CEO of the company saying, "Steve is a valued part of our legacy, and we will always be grateful for his contributions and what he has helped us to accomplish."