“Bankruptcy isn’t out of the question,” CEO Elon Musk reportedly told staff.
Fake accounts are not Musk’s only problem. Thursday morning, an unnamed lawyer at the company announced his resignation and warned on a companywide Slack post that Musk’s behavior could result in billions of dollars of fines from regulators, according toThe lawyer wrote that he had heard the head of legal at Twitter — Musk’s personal lawyer, Alex Spiro — say, “Elon puts rockets into space, he’s not afraid of the FTC.
Musk, meanwhile, appeared to revel in all the negative media coverage. “The awesome irony of the situation,” he wrote earlier today in a since-deleted tweet, “is that the media writing about Twitter/me failing nonstop is driving massive growth in Twitter!”
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