It all hinges on details of their contract (or lack thereof), and Google has to tread carefully because the black PR of Twitter dragging them around as a result (and you know very well Elon is GREAT at playing the victim) will result in massive losses from other businesses using Google Cloud.
(speaking as a business owner previously who has had to fire customers)
[1] https://edition.cnn.com/2023/05/31/tech/twitter-value-fideli...
He spent $30B on his personal worldwide megaphone. Less than 20% of his savings. That's like a normal rich person buying an expensive house during a real estate bubble.
Also do you realize he paid about 1/4 of the value of Twitter. The rest is loans and other investors burning cash by trusting him and rolling over.
Tell me why did a wealthy man who merely spent "20% of his savings" take on high-interest debts worth over 13 billion?
There's a very high profile example of this right now in the US, and I suspect it will demonstrate the difference between silent abuse of power vs overt public abuse of it.