![X, Formerly Twitter, May Go Bankrupt Under Elon Musk If Advertisers Keep Fleeing](https://newsology.co.in/wp-content/uploads/https://english.cdn.zeenews.com/sites/default/files/2023/12/04/1330435-twitterbankrupt.jpg)
X, Formerly Twitter, May Go Bankrupt Under Elon Musk If Advertisers Keep Fleeing
[ad_1] London: The loans Elon Musk took out to buy Twitter (now called X) was about $13 billion and the social media company has to pay about $1.2 billion in interest payments every year. As big advertisers quit the platform and X cannot pay the interest on its loans or pay employees, then it…