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BumRushDaShow

(142,212 posts) Sun Nov 17, 2024, 06:53 AM Sunday

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 X’s 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

15 replies

= new reply since forum marked as read

Highlight:

Elon Musk's X Corp. files notice in Alex Jones' Infowars bankruptcy case (Original Post) BumRushDaShow Sunday OP

Eloon ._. Sunday #1

Leon Musk is the acting president of the United States gab13by13 Sunday #2

Would that data include Jones communications with OTHERS? Captain Zero Sunday #5

Apparently, Texas judges must insert themselves into everything. Bought and paid for. Vinca Sunday #3

Because KKKonservatives hate heavy-handed gub'mint intrusion Orrex Sunday #10

Post removed Post removed Sunday #4

Maybe the auction wasn't a serious crime, perhaps Musk is a SORE LOSER Captain Zero Sunday #6

EAT the rich, and multigraincracker Sunday #7

Did they bid? If they didn't.. Grins Sunday #8

Only 2 bidders Deminpenn Sunday #11

the families reduced jones' exposure which made it more valuable Coexist Sunday #14

Eloon just can't bear to lose karin_sj Sunday #9

Musk overlooked bidding at the auction KS Toronado Sunday #12

Apparently from day one BumRushDaShow Sunday #13

The Onion's CEO posts on Twitter. He says the sale IS going ahead: Emrys Monday #15

._.

(1,062 posts)

1. Eloon

Reply to BumRushDaShow (Original post)

Sun Nov 17, 2024, 06:55 AM

Sunday

Fuck Musk, he is a menace to society. The tax code really needs to be adjusted to eliminate the billionaire class. Now.

gab13by13

(25,221 posts)

2. Leon Musk is the acting president of the United States

Reply to ._. (Reply #1)

Sun Nov 17, 2024, 07:41 AM

Sunday

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

(7,505 posts)

5. Would that data include Jones communications with OTHERS?

Reply to gab13by13 (Reply #2)

Sun Nov 17, 2024, 08:32 AM

Sunday

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

(51,024 posts)

3. Apparently, Texas judges must insert themselves into everything. Bought and paid for.

Reply to BumRushDaShow (Original post)

Sun Nov 17, 2024, 07:49 AM

Sunday

Orrex

(64,101 posts)

10. Because KKKonservatives hate heavy-handed gub'mint intrusion

Reply to Vinca (Reply #3)

Sun Nov 17, 2024, 01:37 PM

Sunday

Unless it's propping up billionaires, of course.

Response to BumRushDaShow (Original post)

Name removed Message auto-removed

Captain Zero

(7,505 posts)

6. Maybe the auction wasn't a serious crime, perhaps Musk is a SORE LOSER

Reply to Post removed (Reply #4)

Sun Nov 17, 2024, 08:37 AM

Sunday

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

(34,068 posts)

7. EAT the rich, and

Reply to BumRushDaShow (Original post)

Sun Nov 17, 2024, 09:14 AM

Sunday

we can start with free muskburgers for the poor.

Grins

(7,883 posts)

8. Did they bid? If they didn't..

Reply to BumRushDaShow (Original post)

Sun Nov 17, 2024, 10:41 AM

Sunday

…then they have no standing or voice in the matter. Go sit in the corner.

Deminpenn

(16,303 posts)

11. Only 2 bidders

Reply to Grins (Reply #8)

Sun Nov 17, 2024, 02:17 PM

Sunday

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)

14. the families reduced jones' exposure which made it more valuable

Reply to Deminpenn (Reply #11)

Sun Nov 17, 2024, 03:07 PM

Sunday

karin_sj

(1,079 posts)

9. Eloon just can't bear to lose

Reply to BumRushDaShow (Original post)

Sun Nov 17, 2024, 12:21 PM

Sunday

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

(19,565 posts)

12. Musk overlooked bidding at the auction

Reply to BumRushDaShow (Original post)

Sun Nov 17, 2024, 02:55 PM

Sunday

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

(142,212 posts)

13. Apparently from day one

Reply to KS Toronado (Reply #12)

Sun Nov 17, 2024, 03:00 PM

Sunday

Alex Jones has been spreading all kinds of CT about the process and that has taken on a life of its own.

Emrys

(7,941 posts)

15. The Onion's CEO posts on Twitter. He says the sale IS going ahead:

Reply to BumRushDaShow (Original post)

Mon Nov 18, 2024, 01:14 AM

Monday

follow @bencollins on bluesky
@oneunderscore__

Hi friends!

I wanted to give a quick update on The Onion’s purchase of InfoWars, which we can’t 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.

follow @bencollins on bluesky
@oneunderscore__

On Thursday, the person overseeing the auction told us that The Onion’s bid for InfoWars, along with the Connecticut Sandy Hook families, won.

We haven’t heard anything that changed that — except, of course, from the guys currently running InfoWars, doing InfoWars stuff.

follow @bencollins on bluesky
@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. We’re glad he’s doing that, since our bid with the families is clearly the best and transparency is even better.

follow @bencollins on bluesky
@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!

follow @bencollins on bluesky
@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.

follow @bencollins on bluesky
@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.

follow @bencollins on bluesky
@oneunderscore__

We think it’s 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

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