I too thought it was satire. Two of their examples are "I need to buy $2500 worth of electronics tonight like it's nothing" and "get me a private helicopter tonight for $3500", all the while paying $100/hour for the privilege.
I understand some people spend money like that, but it seemed more likely that someone was making a joke about absurd wealth and the startup scene than a real business. If the Onion wrote an article about it, I wouldn't bat an eye.
Best of luck to the Magic+ team (honestly), but this product clearly isn't for people like me.