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- Alex Jones' Infowars empire is being auctioned off for parts.
- The proceeds likely won't make a dent in the $1.5 billion he owes some Sandy Hook victims' families.
- Jones could continue his conspiracy-theory talk show under a new owner.
Alex Jones' conspiracy-theory empire will be sold off for parts to pay off a fraction of the massive court judgments against him — but it likely won't be the last word of the far-right commentator.
In a court hearing Tuesday, a Texas bankruptcy judge announced that he will approve an auction of Infowars' parent company, Free Speech Systems, which Jones fully owns, The Associated Press reported.
As part of the auction, assets of Infowars will be stripped down and sold, including its domain name, social-media accounts, lists of subscribers, e-commerce platform, and audio production equipment, ThreeSixty Asset Advisors says on its website.
Jones agreed in June to liquidate his assets after both he and Free Speech Systems filed separately for bankruptcy in 2022.
That year, the conspiracy theorist was ordered to pay a total of $1.5 billion to the relatives of the Sandy Hook shooting victims after he was found liable in four defamation lawsuits over repeatedly spreading lies that the deadly 2012 school shooting was a hoax.
The proceeds from the sale of his company and its parts — which could sell for millions of dollars, CNN said — would barely make a dent in what he owes the families.
But that doesn't necessarily prohibit Jones from returning to spread conspiracy theories. In fact, Jones suggested during his "Infowars" podcast on Friday that if one of his allies bought the company, he'd consider working with them to continue the broadcasts.
"There's buyers out there that are patriots that I'd work with," Jones said on Friday's show. He repeated the claim throughout the show that "patriot buyers" who are sympathetic to his cause could buy the company.
"It's very cut and dry that the assets of Free Speech Systems, the website, the equipment, the shopping cart, all that, can be sold," Jones said. "And they know full well that there are a bunch of patriot buyers, and then the operation can ease on."
He also said that the government wants to prevent him from continuing his show on the platform.
There are no legal prohibitions stopping Jones from continuing to broadcast his show under a new owner, NPR reported. He may, however, be barred from talking about the Sandy Hook massacre based on ongoing negotiations between his team and the victims' families, NPR said.
The bankruptcy trustee overseeing Jones' assets said in court this week that some potential buyers have already expressed interest in getting a piece of Free Speech Systems.
Those potential buyers could be allies who want the platform to live on with Alex Jones at the helm or opponents who want to squash it.
Even if it's not on the Infowars platform itself, Jones is not likely to go quietly.
Jones has promised to continue producing talk shows and content in any way he can, repeatedly telling his "Infowars" audience during Friday's show to buy his products and send him money to keep him on the air.
Prospective buyers must place sealed bids on Free Speech Systems and its parts by November 8. Any physical assets that don't sell are set to be auctioned off piecemeal the following month.
Representatives for Jones and Infowars did not immediately respond to a request for comment from Business Insider, nor did ThreeSixty or a lawyer representing some of the Sandy Hook victims.