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Elon Musk’s X Corp. Intervenes in Bankruptcy Case of Alex Jones’ Infowars with Surprise Filing

Attorneys for X Corp., the Elon Musk-founded firm that took over Twitter and rebranded it as X, have filed a notice of appearance in the bankruptcy case of Alex Jones and his Infowars platform.

On Thursday, The Onion purchased InfoWars at auction and plans to transform it into a satirical take on the iconic brand.

NBC News reported, “The Onion plans to shutter Jones’ InfoWars and rebuild the website featuring well-known internet humor writers and content creators, according to a person with knowledge of the sale.”

On the same day, a federal bankruptcy judge in Texas ordered an evidentiary hearing to scrutinize the transparency of the auction process.

Jones, in a video posted to X on Thursday, accused Connecticut Democrats and The Onion of orchestrating a backdoor deal to claim the platform. “They said, ‘It was competitive,’” Jones said.

“They changed all the bidding rules and made it secret two days ago. I had a bad feeling about this.”

The hearing seeks to address concerns raised about potential irregularities in the sale, which was reportedly facilitated by families of the Sandy Hook Elementary School shooting victims.

The families are owed $1 billion in damages from Jones after he was sued for defamation over his claims that the 2012 tragedy was a “hoax.”

The auction included key Infowars assets such as its website, Texas studio, social media accounts, trademarks, and video archive.

However, the winning bid amount remains undisclosed, and all participants in the auction were required to sign nondisclosure agreements.

According to a report from NPR, the brand would not necessarily go to the highest bidder.

“Whoever wins the auction might not necessarily be the highest bidder. The U.S. trustee has broad discretion to ‘determine the highest or otherwise best bid or bids’ according to the auction firms Tranzon Asset Advisors and ThreeSixty Asset Advisors,” the report explains.

A source involved in the bidding told The Gateway Pundit that Jones’s allies had made an unsuccessful seven-figure offer in an attempt to save the company.

“I was told Elon is going to be very involved in this,” Jones said during a live broadcast on X.

The filing, dated Nov. 14 and first reported by Mother Jones, does not explicitly state why X Corp. is asserting its interest, but it reserves the company’s rights as an “interested party” and requests all relevant documents. Neither Musk nor X Corp.’s attorneys have commented on their intentions.

Mother Jones reported, “Jones noted that lawyers for X were present at the hearing, adding, somewhat mysteriously, “The cavalry is here. Trump is pissed.” (He later elaborated that “Trump knows I’m one of his biggest defenders.”)”

READ 8 COMMENTS
  • Rick says:

    Connecticut is nothing but a run down dump with high taxes.

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