Is Musk's Twitter chaos all part of a high-stakes strategy to renegotiate his debts?
• Musk made seemingly bad decisions with Twitter like slashing staff and losing advertisers, but it's possible this is a strategy to get banks to restructure his debt.
• Musk may be "gambling for resurrection" - taking big risks to recoup losses since he's already so far down.
• The theory is he wants to temporarily harm Twitter to get banks to ease his debt terms, then focus on growth.
• But the risk is destroying Twitter's value completely with no way to rebuild it.
• Musk keeps damaging Twitter, fueling speculation he has an ulterior motive beyond bad judgment.