Twitter’s new owner Elon Musk on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a US regulator and departures of senior executives viewed as future leaders.
The billionaire told Twitter employees on a call that he could not rule out bankruptcy, Bloomberg News reported, two weeks after buying it for $44 billion—a deal that credit experts say has left Twitter’s finances in a precarious position.
