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Home Featured

Elon Musk Fails To Pay Rent For Office Space; Twitter Taken To Court

by OB Bureau
January 1, 2023
in Featured, World
Reading Time: 1 min read
Twitter sued for defaulting office space rent

Courtesy: Twitter

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New York: Twitter owner Elon Musk faces legal trouble as the company has been sued for failing to pay rent for its office space, reported Bloomberg.

The land owner in San Francisco notified the social media giant on December 16 that unless the rent was paid in five days, it would be in default on its lease for the 30th floor of Hartford Building.

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But Twitter failed the deadline, Columbia Reit said in its complaint.

A case was filed against Twitter in the state court in San Francisco on Thursday.

Not just its headquarters, Twitter has not paid rent for any of its global offices in weeks, according to media reports.

Twitter was earlier taken to court for refusing to pay for two chartered flights.

Soon after Musk’s chaotic $44 billion acquisition of the microblogging site, the billionaire had said Twitter suffered a massive drop in revenue due to activist groups putting pressure on advertisers.

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