Elon Musk says Twitter is no longer 'in the fast lane to bankruptcy' – but still isn't 'secure'
that Musk had raised the prospect of bankruptcy in his first meeting with Twitter employees after one worker asked him what would happen if his plans to increase revenue failed.
Bankruptcy is usually a last resort for troubled companies, but it could be beneficial to Twitter after Musk loaded it with debt of more than $10 billion to fund his $44 billion buyout. Sign up for notifications from Insider! Stay up to date with what you want to know.
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