Derek Utley is an American businessman who co-founded the social media consulting firm X Strategies with Alex Bruesewitz around 2017. He was the firm's chairman and chief financial officer, overseeing its internal operations and finances, and owns Stark Defense Industries, Inc., which held half of the company until 2026.
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A November 9, 2026 court filing by Derek Utley, Alex Bruesewitz's former business partner, says Bruesewitz received about $500,000 from people with ties to Qatar. Bruesewitz says he has never been paid by Qatar, and Qatar's embassy denies it.