Could just be dysfunction, but Musk’s behavior makes it look more likely it’s an intentional lie: his only comments have been “Works for me” in the midst of it [1], and “Significant backend server architecture changes rolled out. Twitter should feel faster.” just after [2].
[1]: https://twitter.com/elonmusk/status/1608273870901096454
[2]: https://twitter.com/elonmusk/status/1608324539779551232