Musk warns of Twitter 'bankruptcy' as key executives quit

The US FTC is monitoring the company with 'deep concern'

clock • 4 min read
Elon Musk warns of Twitter 'bankruptcy' as key executives quit
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Elon Musk warns of Twitter 'bankruptcy' as key executives quit

Twitter may go bankrupt, said new owner Elon Musk, capping a chaotic day that saw three senior executives quit the company and the US regulator send a warning.

According to Bloomberg News, Musk told Twitter employees on a call that the company was losing so much money that bankruptcy was not out of the question. After acquiring Twitter for $44 billion ...

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