X/Twitter going bankrupt would be a choice by Musk. He presently shows no indication of having lost love for it.
Why not? Even if he doesn't restructure the debt he's basically created, in xAI, enough personal wealth to bankroll X/Twitter for a decade.
It's practically getting him Cabinet-level power without the accompanying checks in an incoming Trump administration. (Or Vance '28. Et cetera.)
America didn't have a Rupert Murdoch since Hearst. Newsrooms preserved their independence. Twitter doesn't have a newsroom. It doesn't have journalists. It has Elon and his peons. That's powerful.