Nerd interpretation:

Elon was searching for the "woke_mind_virus" and found it "locally" (himself?, X?) and it has been removed.

traceroute a command that follows the path across a network from one address to another showing the hops and timing in between each. This is used to troubleshoot network issues.

127.0.0.1 is a special IP address that refers to the local computer or device. It is known as the "loopback address" or "localhost".

rm -rf - this is a linux command used to force delete files or directories recursively.