King Charles’ Crown Estate Sues Twitter Over Unpaid Rent—Latest Rent Allegation Against Musk



The Crown Estate, which manages the British Royal Family’s massive real estate portfolio, has taken Twitter to court, alleging billionaire Elon Musk’s social media company has not paid rent for its London office space—the fourth claim against Twitter for allegedly failing to pay rent as Musk looks to shed costs amid a series of high-profile financial struggles in recent months.

Key Facts

Twitter, which has occupied the building since 2011, allegedly failed to pay rent for its office space in London’s West End, according to a lawsuit filed last week in London’s High Court, multiple outlets reported.

The building had been stripped of all Twitter signs and logos, although the social media giant still occupies it, the Daily Telegraph reported.

The news comes one day after the landlord of Twitter’s San Francisco headquarters sued the social media company for $6.8 million for allegedly failing to pay its December and January rent on the building, as Musk makes several substantial cuts at Twitter since he completed his purchase of the company last October, including massive layoffs affecting as many as half of the company’s workforce.

Twitter did not immediately respond to a Forbes inquiry.

Key Background

Twitter had reportedly been failing to pay rent on all of its corporate offices for multiple weeks, the New York Times reported in December—two months after Musk completed his $44 billion purchase of the company. The lawsuit in London comes less than a month after the landlord of a commercial building on California Street in downtown San Francisco filed a suit against Twitter, claiming the company owes more than $136,000 in overdue rent, after serving a notice in December giving the company five days to pay rent before it would be in default. Twitter came under fire again last week for allegedly failing to pay rent on a commercial building it recently vacated in Seattle, where the building’s owner filed another lawsuit against the company, although it did not list a dollar amount.


Late last year, Musk laid off roughly half of the company’s 7,500 employees, with reports indicating those cuts affected Twitter’s global workforce, including large portions of entire teams, including one responsible for its misinformation policy on the platform. The company’s former CEO Parag Agrawal and CFO Ned Segal also left soon after Musk took over. In another lawsuit filed last month, a private jet company claims Twitter committed a breach of contract for failing to pay nearly $200,000 for two charter flights.

Surprising Fact

In a move to recoup some of the money Musk spent on the Twitter purchase, and after several hundred advertisers removed their ads from the platform—largely over concerns around content moderation—Musk has also been auctioning off company mementos, including a statue of the iconic Twitter bird from the company’s San Francisco headquarters, which sold for $100,000 last week.

Further R

Twitter’s Money Problems Deepen: Revenues Reportedly Plummet As Major Advertisers Jump Ship After Musk’s Takeover (Forbes)

King Charles III’s property empire pursues Twitter over unpaid rent (Washington Post)

King Charles’ real estate company is suing Elon Musk’s Twitter over unpaid rent (Business Insider)

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