Musk has ‘more to lose’ if he tries to skip Twitter debt payment

Twitter is scheduled to make its first interest payment on January 27. There is some anxiety over what Elon Musk, the founder and CEO of Twitter, might do to ease the social media company’s $12.5 billion debt burden. Musk has said that the company has about $1 billion in cash on its balance sheet, but he’s also openly floated the idea of bankruptcy.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News