Will X declare bankruptcy in 2024? The outcome hinges on credible sources announcing bankruptcy before January 1st, 2025. This includes a corporate filing for Chapter 7 or 11 bankruptcy, or a merger/acquisition leading to such a declaration. The resolution criteria also consider X Corp.'s name change or structure alterations that don't result in a new controlling entity. A bankruptcy is considered if X Corp. itself files, its parent company does, or another acquiring company later declares bankruptcy after the acquisition.