Elon Musk Failed To Pay Rent Of Twitter US Headquarters After Sold Twitter Logo Accuses Lawsuit

Twitter Headquarters Rent: Twitter is getting worse. Elon Musk has not been able to pay the rent for Twitter’s headquarters in the US. Now a case has been filed on behalf of the owner of the building. According to the lawsuit filed, Elon Musk has not been paid rent for Twitter’s San Francisco headquarters since he acquired Twitter.

The social media company has defaulted on rent for its headquarters at 1355 Market Street, $3.36 million for December and $3.42 million for January, the building’s owner said in a lawsuit filed in state court in California on Monday. Recently, the CEO of Twitter organized an auction of 631 items from the San Francisco headquarters.

how much space near twitter headquarters

According to the complaint filed, Twitter has leased more than 460,000 square feet of space on eight floors of the San Francisco building. The owner of the building has put up a letter of credit of $3.6 million as security, which needs to be raised to $10 million.

Twitter bird was sold for 1 million dollars

Elon Musk sold about 100 things at a good price during the online auction. In this, only one Twitter logo was sold for 1 lakh dollars i.e. 81 lakh rupees. In addition, items such as designer chairs, tables and coffee machines were sold from the Twitter headquarters. This auction lasted for 27 hours. During this time some things could not be auctioned due to high cost.

$12.5 billion debt on Elon Musk

Let us tell you that since Elon Musk bought Twitter for $ 44 billion in October, the billionaire fired half the employees, took back the rent of other company offices around the world and paid some outstanding bills like jet charter. has refused. Due to the acquisition of Twitter, Musk has a debt of $ 12.5 billion.

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