incredibly shit-show corporate raider-ship if this can be chalked up as a bankrupcy. ok maybe fuck the dirtbags who let this company saddle itself with enormous debt. but it feels like letting a whole lot of other megawealthy villains get away with vast scales of theft to let this corporate raiding horseshit end with actual villains who floated the whole idea get away with it with no consequences. it's hard to hang the whole company for this boards juvenile act of selling out, but thats what boards are for: making money, no matter who suffers or what the long term fate of the org is. what a sad tragic sell out shit show moment.
I am not sure I am parsing your argument correctly, but it sort of sounds like you are claiming this debt came from the previous owners, who are somehow getting away with this scott free? As far as I know, Twitter's current debt issues are actually entirely due to Musk: he didn't buy the site with $44b of his own cash but borrowed a ton of money from banks that I guess were stupid enough to think he's rapidly turn it into a profit center, and so now the site has been suddenly hit with $13b in debt.