Elon Musk's social media platform, X, is rolling out new labels specifically for parody and satire accounts. This initiative aims to help users distinguish these accounts from authentic ones, addressing past confusion where parody posts were mistaken for real statements. Currently, users can apply for these labels through their account settings. X emphasizes that these labels will promote transparency and reduce misinformation. Further guidelines on mandatory labeling for parody accounts will be shared soon. The authenticity policy allows such accounts provided they comply with platform rules.