Last I read, Twitter has about 2 years of runway in the bank (based on the loan repayment costs). They will be forced to deal with bankruptcy eventually, there is little chance of
anyone scaling it to what is required to pay the interest on the loan. As of right now/short-term, though, it is financially safe.
To make matters worse, Musk has not financially scaled it in the direction it needs to go in order to pay the interest once the runway runs out. Revenue is currently trending downwards, mostly due to scaring off advertisers (who were basically solely shouldering the cost of keeping Twitter afloat). It seems that he doesn't understand that he needs to scale revenue upwards, never mind the historically steep gradient of growth required.
The odds of the banks shutting it down are slim, they do ultimately want to recoup their costs. I imagine that they'll out Elon when they have the legal tools to do so, and replace him with someone who at least understands that "LESS PROFIT BAD, MORE PROFIT GOOD, ME NOT PISS OFF IMPORTANT CUSTOMER."
To make matters worse, Musk has not financially scaled it in the direction it needs to go in order to pay the interest once the runway runs out. Revenue is currently trending downwards, mostly due to scaring off advertisers (who were basically solely shouldering the cost of keeping Twitter afloat). It seems that he doesn't understand that he needs to scale revenue upwards, never mind the historically steep gradient of growth required.
The odds of the banks shutting it down are slim, they do ultimately want to recoup their costs. I imagine that they'll out Elon when they have the legal tools to do so, and replace him with someone who at least understands that "LESS PROFIT BAD, MORE PROFIT GOOD, ME NOT PISS OFF IMPORTANT CUSTOMER."