The neutron star keeps growing, and eventually may have too much mass, causing it to collapse into a black hole. The forces pulling inward are just too much.
But if it's spinning fast enough, then centripetal forces would be pulling outward as well. This one is completing a full rotation in 1.41 ms- that's a lot of rotational speed.
Or is there some intrinsic property of black hole formation that does not care about this?