Musk's X claims ownership of InfoWars accounts in sale to The Onion

• While X acknowledged that users own the content they post, the company's argument could have significant ramifications for the site's millions of users.
• "X Corp.'s [terms of service] make clear that it owns the X Accounts, as the TOS is explicit that X Corp. merely grants its users a non-exclusive license to use their accounts," the company told a federal judge in Texas.

State of play: Musk has already used this power to seize accounts for his own purposes.

• For example, in October he took over the @America handle for his Super PAC supporting President-elect Trump.

Catch up quick: The Onion, with the assistance of Sandy Hook families, bought InfoWars at a bankruptcy auction after Jones was ordered to pay nearly $1.5 billion in damages for falsely claiming the Sandy Hook mass shooting was a hoax.

• The sale, which a judge halted for review, was to include Infowars' website, product inventory, customer lists, social media accounts, and intellectual property.

• InfoWars has 638k followers on its primary X account.

What they're saying: X in its filing acknowledged that few bankruptcy courts have had to determine ownership of social media accounts.

• X's terms of service effectively license the accounts to individual users, giving them no ownership of the accounts themselves, the company argued.
• "Regardless of the accounts' use, X Corp. is plainly the owner of the X Accounts and the Services, and the Trustee cannot sell, assign, or otherwise transfer what it does not own or have an interest in," the company argued.