In a surprising development, X Corp., the company led by Elon Musk that rebranded Twitter as X, has filed a notice of appearance in the bankruptcy case of Alex Jones and his media platform, Infowars. This move introduces a new dynamic into the ongoing legal proceedings surrounding Jones’ financial obligations.
On November 14, 2024, X Corp.’s legal team submitted the notice, signaling the company’s interest in the case. The filing does not specify the reasons for X Corp.’s involvement but reserves the company’s rights as an “interested party” and requests access to all pertinent documents. Neither Elon Musk nor representatives from X Corp. have publicly commented on the matter.
This intervention coincides with recent developments in the Infowars bankruptcy proceedings. On November 13, 2024, the satirical news outlet The Onion announced its acquisition of Infowars’ assets during a bankruptcy auction. The Onion plans to transform Infowars into a satirical platform, aiming to reimagine the brand with a humorous approach.
However, the auction’s outcome has faced scrutiny. A federal bankruptcy judge in Texas has ordered an evidentiary hearing to examine the transparency of the auction process. Concerns have been raised about potential irregularities, including allegations that the bidding rules were altered shortly before the auction, leading to questions about the fairness of the sale.
Alex Jones, known for his controversial statements and conspiracy theories, owes over $1 billion in damages to families of the Sandy Hook Elementary School shooting victims following defamation lawsuits. The bankruptcy proceedings aim to address these financial obligations through the liquidation of Infowars’ assets.
The involvement of X Corp. adds a new layer of complexity to the case. While the company’s specific intentions remain unclear, its participation could influence the direction of the bankruptcy proceedings and the future of Infowars. Observers are closely monitoring the situation for further developments.
Sources:
- The Gateway Pundit: “Elon Musk’s X Corp. Intervenes in Bankruptcy Case of Alex Jones’ Infowars with Surprise Filing”
- The Guardian: “The Onion buys rightwing conspiracy theory site Infowars with plans to make it ‘very funny, very stupid'”
- New York Post: “InfoWars’ sale to The Onion held up in court as Alex Jones rants his site’s ‘been hijacked'”
