Elon Musk Twitter did not pay the rent of the main office the landlord filed a lawsuit

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Elon Musk Twitter did not pay the rent of the main office the landlord filed a lawsuit

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Ever since Elon Musk bought Twitter, he has been making some changes in it. But after this the problems are not taking the name of ending. The latest case is related to the rent of Twitter’s headquarters. Elon Musk’s company Twitter has not paid December rent for its San Francisco headquarters, according to a case filed by the landlord.

In the case filed in California on Monday, the landlord said the company failed to pay $3.36 million in December rent. In January, Twitter will have to pay $ 3.43 million in rent for the office. Let us tell you, Twitter has rented a building 8 floors in San Francisco’s Mr. Nine Market Square. The company had given $3.6 million to the landlord as security. But due to the transfer of control, Twitter will have to increase this amount to $ 10 million.

The stock is on the upper circuit continuously since January 13, investors’ money doubled in 22 days

In October last year, Elon Musk bought Twitter for $44 billion. But since then many problems have arisen in front of him. Elon Musk fired more than half of the employees to save costs. Apart from all this, Elon Musk has yet to pay the first installment of the loan of $ 12.5 billion. No statement has been issued by Twitter on this whole issue.

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