One thing that has been made obvious by history is that giving too much power to one person never ends well. So even if Twitter survives this, it's still not good that Elon Musk has as much say as he does. And this would go for anyone else in his position.
If Twitter goes down, here are some of the pieces that made me go "viral" on my old account. I miss that account and I'll miss you all if this goes under.