From BBC--2023--

The company has two major outlays. The first is its staffing bill. Musk has cut X to the bone already, laying off thousands.

The second is servicing the loans Musk took out to buy Twitter, totalling about $13bn. Reuters has reported that the company now has to pay $1.2bn or so in interest payments every year.

If the company cannot service the interest on its loans or afford to pay staff then, yes, X really could go bankrupt.

But that would be an extreme scenario that Musk would surely want to avoid.

https://www.bbc.com/news/technology-67599937