Here’s why Elon Musk’s talk of a Twitter bankruptcy is premature
By
Biju Kumar
In a call with employees on Thursday, Twitter Inc.’s new owner, Elon Musk, raised the specter of bankruptcy for the social-media company if it doesn’t start generating more cash.
It was a surprising scenario to envision for a company he had purchased for $44 billion just two weeks earlier, in part with $13 billion of loans from Wall Street banks.