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    Elon Musk trapped in Twitter purchase, could not even pay office rent, case filed in US-UK

    BhagyashreeBy Updated:No Comments2 Mins Read
    London: Legal difficulties have increased for billionaire industrialist Elon Musk, who is trying to cut expenses. The owners of Twitter’s headquarters in San Francisco and its UK offices are going to court over unpaid rent. The lawsuits against Twitter allege the social media company hasn’t paid rent for its head office, according to court documents. The owner of the central London premises said he was taking the company to court over the issue of rent arrears.

    Musk’s bad days started after buying Twitter

    Musk has been cutting costs since last year’s $44 billion deal to buy Twitter. The non-payment of rent for the San Francisco office has already gone to court. Apart from this, Musk has had to go to court several times in recent days to appear in another case filed by Tesla’s investors. The San Francisco office belongs to the company Mr. Nine Market Square LLC. He said that Twitter has not paid $ 3.4 million in monthly rent and additional rent for January.

    Elon Musk is the second richest person in the world

    Elon Musk is the CEO of Tesla and SpaceX. He is also the second richest person in the world. According to Forbes, Elon Musk has a net worth of $158.7 billion. This amount is more than the GDP of many countries around the world. Elon Musk has founded six companies including electric car maker Tesla, rocket maker SpaceX and tunneling startup The Boring Company. SpaceX 2002 is a space company. In May 2022, the market value of this company was estimated at $ 127 billion. This company quadrupled its value in three years. The Boring Company was founded to get people out of traffic.

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    Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social cause and entrepreneurship is her forte.

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