I was skeptical at first but major signs that Elon is deliberatley steering Twitter towards insolvency and a bankruptcy petition in order to restructure debt. He paid a premium of approximately 35% above market value to acquire Twitter and then found himself unable to escape the acquisition bid without paying an onerous termination fee (and the embarrasment of perceived failure).
He is not dumb; he knows tht he is paying the price for this deal. He can afford it in the short term but Twitter is bleeding revenues. There is no indiction he intends to change the dubious management strategy employed under his leadership. Chapter 11 reorganization at some point is my guess.
