When the rent of the Twitter headquarters in San Francisco, USA, was not paid, the property owner took the social media platform to court.
According to the news of the US media, Twitter owes its owner $136,250 in rent.
An enforcement lawsuit was filed against Twitter for the collection of the receivable.
A similar situation was encountered for Twitter’s Seattle office; The owner had ordered an eviction for the office.
Almost half of the 7,500 employees were laid off, and the rest began to work from home.
The company was also sued in early December for refusing to pay for two private flights.
Twitter has not yet made a statement regarding the lawsuits.
ELON MUSK BECOME THE FIRST PERSON TO SHALL ITS 200 BILLION DOLLARS
Elon Musk became the first person in history to lose $200 billion in wealth.
According to the news reported by Bloomberg, Musk, the second richest to exceed the $ 200 billion wealth threshold after Jeff Bezos, set an undesirable record. In the Bloomberg Billionaires Index, the value of Musk’s assets, whose personal wealth peaked on November 4, 2021, with $ 340 billion, declined to $ 137 billion. Thus, Elon Musk was recorded as the first person whose fortune was reduced by $ 200 billion.
Elon Musk also lost the title of the richest person in December. The richest person in the world is now the French Bernard Arnault.
Tesla, the electric vehicle manufacturer of which Musk is the CEO, entered the list of technology companies whose value declined sharply in 2022. Tesla’s market value decreased by 65 percent. Tesla had reached a market valuation of $1 trillion in October 2021.
Elon Musk sold a significant portion of his Tesla shares in the process of buying Twitter. After the sales, the largest company in Musk’s portfolio was Space X, not Tesla.