China News Service, January 4th, comprehensive foreign media reports, according to court documents recently submitted to the San Francisco Court of California, the United States, Twitter was sued for failing to pay the rent of its San Francisco office of US$136,260.

　　The lawsuit reportedly involves Twitter's office space at 650 California Street.

The landlord issued a notice on December 16, 2022, requiring Twitter to pay the rent within 5 working days, otherwise it would face the risk of default.

A few days ago, because Twitter still refused to pay the rent, the landlord has taken it to court, demanding that Twitter make up the rent and compensate for the loss of legal fees and other expenses.

Musk, the founder of the US space exploration technology company, said that the maximum speed of the "Dragon" spacecraft has reached Mach 2.2, which is more than twice the speed of sound, and the maximum altitude of the spacecraft is 131,000 feet (about 39.9 kilometers).

　　Daniel Bernstein, a San Francisco real estate lawyer, said that Twitter CEO Musk's strong financial resources make Twitter a "lucrative tenant" and that landlords are reluctant to impose too much pressure on Musk given his wealth status. pressure.

The lawyer said the landlord could have asked the court to evict Twitter, but it did not.

　　According to Bernstein, “Musk’s refusal to pay the rent may be an attempt to renegotiate the terms of the lease agreement.”

　　Earlier reports said that in an effort to cut costs, Musk had stopped paying rent for Twitter's global offices and told employees not to pay the company's suppliers.

　　In addition, an airline has also sued Twitter, accusing it of refusing to pay nearly $200,000 for charter flights.

The lawsuit was filed last December in New Hampshire District Court.

　　It is estimated that about three-quarters of Twitter's employees have resigned from or been fired by Twitter.

　　In addition to rent arrears and layoffs, Twitter has also cut expenses by auctioning off high-end office supplies and kitchen equipment.

　　According to reports, most of Musk's wealth is related to his holdings of Tesla shares, but since the $44 billion acquisition of Twitter in October 2022, Tesla shares have lost more than half of their value.

Musk even sold Tesla shares worth nearly $23 billion in order to raise funds for the acquisition. The acquisition of Twitter had a certain impact on his wealth.

According to the information disclosed by "Forbes", Musk has now fallen from the throne of the world's richest man.