11 p.m. Sunday, December 25th, 2022. Elon Musk Twitter no longer and fast lane to bankruptcy. Tesla's CEO and Twitter chief Elon Musk has confirmed that the social media company is no longer in the fast lane to bankruptcy. Nonetheless, the billionaire emphasized that there is still much work to do on the platform. But overall it seems to be going in a good direction. Twitter won't go bankrupt anytime soon