Several prominent MAGA influencer accounts, including DarkMAGA, MagaScope, WilliamAlbrech, and IvankaNews_, have been suspended from X after a new feature revealed their origins in countries like Nigeria and Bangladesh. These accounts, which collectively amassed over a million followers, were likely in violation of X’s rules against impersonation and misleading users. “IvankaNews_,” which claimed to be a U.S. resident, was among the accounts toppled by the feature, but others, like @America_First0 and “Trump Army,” continue to post despite being outed, potentially driven by X’s payment model that rewards engagement, even negative engagement.
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A recent update to X, formerly Twitter, now displays the country of origin for user accounts, revealing that many accounts promoting MAGA ideologies and American political content are based outside the United States. Accounts with significant followings, often promoting America First agendas, were found to originate from countries in Africa, Asia, and Europe. This discovery has sparked considerable discussion and concern about the authenticity of online content and potential foreign influence. While some accounts have deleted their profiles following this revelation, the feature is expected to be refined with further updates.
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Elon Musk and X have reached a settlement with four former Twitter executives who alleged they were owed $128 million in severance pay following Musk’s acquisition of the company in 2022. The executives, including the former CEO, claimed Musk falsely accused them of misconduct to avoid paying the promised severance. While the terms of the settlement remain undisclosed, this agreement follows a similar settlement with rank-and-file employees over unpaid severance. These legal battles are a part of a larger set of challenges Musk has faced since acquiring and restructuring the social media platform.
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Elon Musk’s attempt to move an SEC lawsuit regarding his late disclosure of a Twitter stake from Washington, D.C., to Texas was denied by a federal judge. Despite claiming an “incredibly busy” schedule and arguing the D.C. location was burdensome, the judge cited his considerable resources and time spent outside of Texas as reasons to deny the move. The SEC sued Musk in January for allegedly allowing him to buy shares at artificially low prices. Musk is seeking to dismiss the case, while the SEC wants a civil fine and the disgorgement of $150 million.
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California Governor Gavin Newsom employed a parody of Donald Trump’s communication style in a Labor Day message on X. The message, written with all caps and harsh language, criticized Trump’s actions and policies. Newsom explained this strategy as a way to challenge the normalization of Trump’s behavior and the media networks that support him. He stated the goal was to highlight the absurdity of such communication and the reactions to it.
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Elon Musk publicly accused Donald Trump of being implicated in the unreleased Jeffrey Epstein files, escalating their highly publicized feud. This explosive claim, made on X, followed Musk’s dismissal as a special advisor to the Trump administration and criticisms of Trump’s spending bill. Trump responded by attacking Musk on social media, denying any wrongdoing and highlighting Musk’s alleged lack of contribution to his election victory. The delayed release of the Epstein files has generated considerable controversy, with the White House yet to provide a clear timeline for their public disclosure.
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A Wall Street Journal report alleging Tesla’s board sought to replace Elon Musk as CEO prompted a furious all-caps response from Musk on X. The report, which cited unnamed sources, claimed the board contacted multiple search firms before scaling back efforts after Musk’s public commitment to Tesla. Tesla vehemently denied the report’s claims, stating it was communicated to the Journal pre-publication, while the Journal maintained its reporting accuracy. This conflict follows recent criticism of Musk’s focus on other ventures and Tesla’s significant profit decline.
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Elon Musk must face a fraud lawsuit stemming from his delayed disclosure of a significant stake in Twitter, now X. A federal judge’s decision to reject Musk’s attempt to dismiss the case signifies a major setback for the billionaire. The lawsuit alleges that Musk deliberately concealed the size of his initial investment to manipulate the stock price to his advantage.
Elon Musk must face the consequences of his actions, as the lawsuit contends that he strategically waited to reveal his substantial ownership, allowing him to purchase more shares at a lower price before publicly announcing his 9.2% stake. This alleged manipulation potentially disadvantaged other shareholders who sold their shares before the full extent of Musk’s involvement was known.… Continue reading
Elon Musk’s xAI purchasing the social media platform X (formerly Twitter) for a reported $45 billion in an all-stock transaction has ignited a firestorm of controversy. The deal, announced by Musk himself, immediately raised eyebrows due to the sheer scale and the perceived lack of transparency surrounding the valuation. The $45 billion price tag, coupled with xAI’s own relatively recent and highly speculative valuation, has led many to question the legitimacy of the transaction.
The core issue lies in the apparent discrepancy between the stated value of X and the perceived value of xAI. X, despite its considerable user base, has experienced significant financial instability and operational challenges since Musk’s initial acquisition.… Continue reading
Banks recently offloaded a staggering $5.5 billion worth of loans associated with Elon Musk’s acquisition of Twitter, now X. This significant transaction follows a dramatic surge in investor interest, highlighting a fascinating interplay of financial maneuvering, political influence, and the unpredictable nature of Musk’s business dealings.
The sale itself represents a significant win for the banks involved. Initially, these loans were considered a risky investment, burdened by Twitter’s initially weak performance and the high-interest rates attached. The banks had marked down billions of dollars in losses on these loans, anticipating difficulty in selling them off. The improved financial picture of X, however, changed the equation dramatically.… Continue reading
John Q. Hosedrinker 
Matt Underwood