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I hope this isn't the case:

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But what if he uses some loophole (legal) that transfers the tech to X(🤮) and leaves all vendors and debts under the Twitter name brand. Then Twitter files for bankruptcy.

Would not put it past the slime ball.

Not at all.
It is illegal to transfer assets from one entity to another with the intent to avoid paying creditors in the event of bankruptcy. Such transfers are known as fraudulent conveyances and are prohibited by bankruptcy laws. If the court finds that a transfer was made with the intent to defraud creditors, it may be set aside, meaning that the transferred assets can be recovered by the bankrupted entity’s bankruptcy estate and used to pay off the creditors. Additionally, both Twitter and X could face legal consequences for engaging in fraudulent activity.
 
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It is illegal to transfer assets from one entity to another with the intent to avoid paying creditors in the event of bankruptcy. Such transfers are known as fraudulent conveyances and are prohibited by bankruptcy laws. If the court finds that a transfer was made with the intent to defraud creditors, it may be set aside, meaning that the transferred assets can be recovered by the bankrupted entity’s bankruptcy estate and used to pay off the creditors. Additionally, both Twitter and X could face legal consequences for engaging in fraudulent activity.

Cool thank you for this!

Tax law is tough to be an expert on.
 
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It’s the company name, not the app. Already updated on App Store. Nothing changes from user perspective till new features start rolling in.
 
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Ok. not a debt avoidance scheme, this is the CEO of twitter:

View attachment 2236290

Guess he is going all in on twitter becoming an "everything" app (like WeChat?) that is the middle person of a lot of financial transactions:


Edit: Her full kool aid drinking speech added above

Probably one of Musks alt accounts.

Anyways now that I think about it the new name makes a lot of sense after what he’s done to Twitter.
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Just think of the advertisers, the big names and the sane ones are waking up this morning and saying.

What the...

Then switching their ad bucks over to threads.com/advertisers/onboarding
 
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