Elon Musk's X Corp. files notice in Alex Jones' Infowars bankruptcy case
Source: Yahoo! News/NBC News
Sat, November 16, 2024 at 7:01 PM EST
Attorneys for X Corp., the firm established by Elon Musk to take over Twitter, filed a notice of appearance on Thursday in the bankruptcy case of Alex Jones and his Infowars platform.
The new owners of satirical news site The Onion had been declared the successful bidders for Jones controversial platform, alongside families of the Sandy Hook massacre victims.
But this week, the Texas bankruptcy judge overhearing the case voiced concerns about the transparency of the auction process and called for a new hearing to discuss those potential issues. Nobody should feel comfortable with the results of the auction, Judge Christopher M. Lopez said, according to a Bloomberg News report.
The X Corp. filing, dated Nov. 14 and first reported by Mother Jones, does not disclose the purpose of Xs appearance, other than to state the rights reserved to it as an interested party, and to request all relevant documents in the case. Attorneys for X listed in the filing did not respond to a request for comment. A lawyer representing The Onion also did not respond to a request for comment.
Read more: https://www.yahoo.com/news/elon-musks-x-corp-files-000123126.html
Fuck Musk, he is a menace to society. The tax code really needs to be adjusted to eliminate the billionaire class. Now.
gab13by13
(25,257 posts)Musk will allow Trump to play golf and grift, but the big decisions go from Putin to Musk.
Musk probably wants to bail out Alex Jones. Can't lose a right wing conspiracy platform.
Captain Zero
(7,507 posts)Others being Musk, Putin, other Russian operatives?
Would InfoWars caches of data prove collusion without a doubt of
Russia, NRA, Xhitter, with various and sundry Fox News, Chump, Epstein, Bill Barr, and Alex Jones and so on.?
Vinca
(51,041 posts)Orrex
(64,105 posts)Unless it's propping up billionaires, of course.
Response to BumRushDaShow (Original post)
Name removed Message auto-removed
Captain Zero
(7,507 posts)Maybe it was just an auction with different terms and procedures?
Terms and procedures different from what Elon is accustomed to being a foreigner himself. Maybe he has never bid in this type of auction, didn't understand these particular features of the auction and is now a SORE LOSER?
The Onion was declared the winner under the terms and conditions of THIS AUCTION.
multigraincracker
(34,075 posts)we can start with free muskburgers for the poor.
Grins
(7,889 posts)then they have no standing or voice in the matter. Go sit in the corner.
Deminpenn
(16,317 posts)The company that owns The Onion and one that advertised it sold products on Infowars. Presumably the latter would have put Jones back on the air.
From what I've read, The Onion/Sandy Hook families bid was lower than the 3.5M offered by the other party, but the trustee felt their offer was the best overall deal. It included things other than money, can't recall what though.
Coexist
(26,202 posts)karin_sj
(1,080 posts)And he's got an endless supply of money to try and accomplish this. I hope The Onion wins, but unfortunately, this is happening in Texas.
KS Toronado
(19,577 posts)now he's hoping to slide in the back door and buy it to have another platform to spread more RW
conspiracy theories. Sorry Musk that's not how auctions work, you had to be there at the auction
bidding, when the hammer comes down and the auctioneer says SOLD, it means sold.
I have never heard an auctioneer say "SOLD unless somebody takes the buyer to court."
BumRushDaShow
(142,348 posts)Alex Jones has been spreading all kinds of CT about the process and that has taken on a life of its own.
Emrys
(7,942 posts)@oneunderscore__
Hi friends!
I wanted to give a quick update on The Onions purchase of InfoWars, which we cant wait to relaunch as the dumbest site on the internet.
Long and short of it: We won the bid and you're not going to believe it the previous InfoWars folks aren't taking it well.
@oneunderscore__
On Thursday, the person overseeing the auction told us that The Onions bid for InfoWars, along with the Connecticut Sandy Hook families, won.
We havent heard anything that changed that except, of course, from the guys currently running InfoWars, doing InfoWars stuff.
@oneunderscore__
There was a status conference with the judge overseeing the auction on Thursday shortly after we were deemed winners.
The judge had some questions about process and assets. Were glad hes doing that, since our bid with the families is clearly the best and transparency is even better.
@oneunderscore__
We left the hearing with clear next steps to complete the sale. InfoWars current management asked to continue operating until then.
We always knew the guys who currently run InfoWars were going to take this badly and use a loss to fundraise off of it. They did not disappoint!
@oneunderscore__
Obviously, when the current operators of InfoWars went back to operating as a business, they used that to falsely say the auction had been overturned and allege some truly wacky stuff. Something about Saul Alinsky? God bless em.
@oneunderscore__
We expected all of this, obviously. Buying this site was always going to be fun later on, but annoying right away.
Anyway, we look forward to completing this process at the next scheduled court date which, at present, is a week from Monday.
@oneunderscore__
We think its all worth it to make a better, funnier future possible. As always: Tu Stultus Es.
Jones is currently continuing to broadcast because the site and its assets haven't been handed over yet.
Some more details of the ins and outs of the deal here: https://apnews.com/article/onion-buys-infowars-alex-jones-6496f198d141c991087dcd937b3588e9