this post was submitted on 18 Sep 2023
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Technology
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He owes a lot of money to banks, etc, for the company.
Explicitly closing Twitter would make him liable for destroying other people's equity. Accidentally destroying twitter while pretending to drastically fix it, while pretending it's failing against his will and his taking measures to save it, is the only way to kill it without being on the hook for it.
Incompetence is not a legal defense.
I doubt he won't be on the hook for the billions he got as investment no matter how he destroys Twitter.