"If things deteriorate further, the company’s bankers - already nursing billions in on-paper losses - face the prospect of taking back the keys to a diminished platform that is worth less than even their claim on it. Like a financial black hole, X threatens to consume most of whatever value it once had."
https://www.reuters.com/breakingviews/elon-musks-x-is-black-hole-value-2023-10-03/