Twitterhas fallen out with yet another landlord: King Charles III.
The complaint was filed last week at the High Court in Britains capital.
The case joins a range of wranglings over rent engulfing Twitter.
In December, the company hadreportedlynot paid rent on any of its global offices for weeks.
The rent charges
The rent-dodging has been surmised as an attempt to negotiate better terms.
In the London building, however, this doesnt appear to be the plan.
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Yet this doesnt mean that Musk will get off scot-free.
Twitter will remain liable to pay.
That may well appeal to Musk, but it could be a headache for the Crown Estate.
If the property cant quickly be re-let, the landlord faces several problems.
Moreover, empty premises are more susceptible to occupation by squatters.
Court proceedings provide a route to recovering rent arrears and Twitter will have little defense against paying them.
The debt collectors are coming
Musks mounting feuds with landlords coincide with growing financial pressures at Twitter.
Analysts expect the looming bill to be around $300 million.
Skipping rent may postpone some costs, but it adds another dent to Musks floundering reputation.
Its also a blow to his dream ofending remote working.
At least surviving staff at Twitters New York base can still go to the office.
Unfortunately, itreeks of pooand hasa cockroach problem.
Story byThomas Macaulay
Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he e(show all)Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he enjoys playing chess (badly) and the guitar (even worse).
