Elon Musk stopped paying millions in server hardware bills after Twitter acquisition, new lawsuit claims

Status
Not open for further replies.
A

Alfonso Maruccia

Posts: 1,265   +348
Staff
A hot potato: Controversial billionaire Elon Musk is once again facing legal troubles following his acquisition of Twitter, which he rebranded as X. The social network has allegedly failed to pay for custom server hardware and now an Asian supplier is seeking a jury trial to recover the costs.

Infrastructure manufacturer Wiwynn has filed a lawsuit against X for $120 million in unpaid hardware bills. The Taiwanese company provided custom hardware solutions for the social network over an 8-year period under a "Master Purchase Agreement" signed with Twitter in September 2014. However, following Elon Musk's acquisition of Twitter in 2022, Wiwynn has not received any payments since November 2022.

According to the complaint, Wiwynn collaborates directly with customers to design and deliver customized data center and computing solutions. Under the Master Purchase Agreement with Twitter, Wiwynn would submit a list of required hardware parts for approval. After receiving approval, the company would purchase the components, and Twitter would make regular payments for the final products.

Following Musk's takeover, however, Twitter "abruptly stopped" making payments and ceased responding to Wiwynn's attempts to reach out. Wiwynn managed to cancel planned purchases for $40 million worth of components before delivery and resell or repurpose already acquired components to recover an additional $19 million. The company is now seeking compensation from X and Musk for the remaining unsold components.

The custom hardware setups Wiwynn built for Twitter are not easily marketable, so the company is asking a jury to determine how much X should pay in compensation. Wiwynn is seeking to recover at least $61 million in damages plus interest.

Wiwynn's lawsuit adds to the mounting legal troubles Musk has faced since acquiring Twitter. The businessman is accused of halting payments to suppliers and landlords following the controversial deal. According to a lawsuit filed by a Twitter investor, Musk allegedly stated he would pay rent for the company's office "over his dead body."

Earlier this month, X was ordered to pay around $600,000 to a former Twitter executive who failed to respond to an email from Musk. Additionally, former Twitter chairman Omid Kordestani has sued X for over $20 million, and former CEO Parag Agrawal is seeking more than $128 million in unpaid severance.

With these ongoing issues, X appears increasingly like a bottomless money pit, while Musk remains preoccupied with his efforts to sue advertising companies for their reluctance to do business with X again.

Permalink to story:

Elon Musk stopped paying millions in server hardware bills after Twitter acquisition, new lawsuit claims

 
I don't think people realize how much money Musk has. Non of this is about money for him anymore. In today's money, most people will need about 5 million to live comfortably over the course of their life time(that's assuming money doesn't inflate or deflate). He is worth $218 billion dollars. He could live roughly 44,000 lifetimes without wanting for anything.

Frankly, I enjoy watching Musk blow his exorbitant wealth on fighting with with the people who turned our world into a dumpster fire. I don't care if he's being childish(he is), but the people he's fighting with can go **** themselves, too.
 
  • Like
Reactions: TempleOrion, VBKing, Phatso and 12 others
yRaz said:
I don't think people realize how much money Musk has. Non of this is about money for him anymore. In today's money, most people will need about 5 million to live comfortably over the course of their life time(that's assuming money doesn't inflate or deflate). He is worth $218 billion dollars. He could live roughly 44,000 lifetimes without wanting for anything.

Frankly, I enjoy watching Musk blow his exorbitant wealth on fighting with with the people who turned our world into a dumpster fire. I don't care if he's being childish(he is), but the people he's fighting with can go **** themselves, too.
Click to expand...
Musk is one of the people turning our world into a dumbpster fire.

Why all you right wing people think a foreigner who got rich off his dad and cries about everything is someone to look up to, I'll never understand.

I figure it's just because he hates the same things you do. Musk is a dumb persons ideal of a smart person.
 
  • Like
Reactions: TempleOrion, amoeba00, BlueSkyGuy and 21 others
Kirby1 said:
Musk is one of the people turning our world into a dumbpster fire.

Why all you right wing people think a foreigner who got rich off his dad and cries about everything is someone to look up to, I'll never understand.

I figure it's just because he hates the same things you do. Musk is a dumb persons ideal of a smart person.
Click to expand...
I love how 10 years ago, Musk was hated by the right and loved by the left. Now, even if I call Musk a child but say I like something he does someone on the left automatically assumes I'm on the right.

I haven't voted since 2008, take your politics with you.
 
  • Like
Reactions: VBKing, Phatso, Karlos95 and 9 others
yRaz said:
I love how 10 years ago, Musk was hated by the right and loved by the left. Now, even if I call Musk a child but say I like something he does someone on the left automatically assumes I'm on the right.

I haven't voted since 2008, take your politics with you.
Click to expand...
The left never loved Musk, people just didn't know enough about him to dislike him yet. Today, no one has anything good to say about him unless they are right wingers with political leanings. 100% you are a right winger. No one else would say "Frankly, I enjoy watching Musk blow his exorbitant wealth on fighting with with the people who turned our world into a dumpster fire."

You don't have to vote to be an internet flame war starting troll, and clearly you don't have to vote to be an obvious right wing troll either.
 
Last edited:
  • Like
Reactions: TempleOrion, BlueSkyGuy, Clynt and 11 others
Kirby1 said:
The left never loved Musk, people just didn't know enough about him to dislike him yet. Today, no one has anything good to say about him unless they are right wingers with political leanings. 100% you are a right winger. No one else would say "Frankly, I enjoy watching Musk blow his exorbitant wealth on fighting with with the people who turned our world into a dumpster fire."

You don't have to vote to be an internet flame war starting troll.
Click to expand...
You must be young. Musk used to embody a vision of a brighter future with space travel, high speed underground rail and he single handedly did more for the EV market than the rest of the world combined. if it wasn't for teslas investment in the EV market then Lithium ion battery prices wouldn't have dropped to the price where they are today.

So if you look at how he invested his money he has predominantly used it on left wing ideals and still does so to this day. The right is pretty quiet on what he does these days. And if you want to take a good look at the right these days, they only support trump to stay elected. They haven't contributed anything to solve the issues plaguing us today.

But if you want to take a handling stance and call me a right winger, go ahead. The left is no better than the right these days
 
  • Like
Reactions: VBKing, Phatso, hwertz and 8 others
yRaz said:
You must be young. Musk used to embody a vision of a brighter future with space travel, high speed underground rail and he single handedly did more for the EV market than the rest of the world combined. if it wasn't for teslas investment in the EV market then Lithium ion battery prices wouldn't have dropped to the price where they are today.

So if you look at how he invested his money he has predominantly used it on left wing ideals and still does so to this day. The right is pretty quiet on what he does these days. And if you want to take a good look at the right these days, they only support trump to stay elected. They haven't contributed anything to solve the issues plaguing us today.

But if you want to take a handling stance and call me a right winger, go ahead. The left is no better than the right these days
Click to expand...
Batteries are not a left wing idea. Technology is not a left wing idea.

Logic and reason are left wing ideas. Hope you figure that out someday and quit the troll life.

Such typical right wing trolling. Make a flaming comments intended to piss people off in a politically sensitive way, and then claim not to be into politics. It's such a dumb routine.
 
  • Like
Reactions: TempleOrion, Ashford, Clynt and 9 others
Kirby1 said:
Batteries are not a left wing idea. Technology is not a left wing idea.

Logic and reason are left wing ideas. Hope you figure that out someday and quit the troll life.

Such typical right wing trolling. Make a flaming comments intended to piss people off in a politically sensitive way, and then claim not to be into politics. It's such a dumb routine.
Click to expand...
You going to address any of the points I made about Musk or just keep talking about how you being offended makes me right wing?
 
  • Like
Reactions: VBKing, Phatso, Rippleman and 4 others
Kirby1 said:
The left never loved Musk, people just didn't know enough about him to dislike him yet. Today, no one has anything good to say about him unless they are right wingers with political leanings. 100% you are a right winger. No one else would say "Frankly, I enjoy watching Musk blow his exorbitant wealth on fighting with with the people who turned our world into a dumpster fire."

You don't have to vote to be an internet flame war starting troll, and clearly you don't have to vote to be an obvious right wing troll either.
Click to expand...
Good people value and promote free speech, even when they hear things they do not like.
It suffers when our biggest, most powerful corporations follow the same beliefs and have the same political values. It is good to have someone who is not on their side.
It is enough to value what he does. It is not hard, limiting what people can say "for public safety."
"We do it for a good reason, therefore we will just make it a bit harder for bad people to be heard."
This moral high ground has already done enough bad because terrible people decided they are the ones that can improve our society. This process can go for a long time but will not be quickly reversed if people suddenly realize it harms them all.
I do not agree with 70% of what Musk says, but I understand the value his X has.
 
  • Like
Reactions: Unbounded, mgwerner, HeeeF and 3 others
toooooot said:
Good people value and promote free speech, even when they hear things they do not like.
It suffers when our biggest, most powerful corporations follow the same beliefs and have the same political values. It is good to have someone who is not on their side.
It is enough to value what he does. It is not hard, limiting what people can say "for public safety."
"We do it for a good reason, therefore we will just make it a bit harder for bad people to be heard."
This moral high ground has already done enough bad because terrible people decided they are the ones that can improve our society. This process can go for a long time but will not be quickly reversed if people suddenly realize it harms them all.
I do not agree with 70% of what Musk says, but I understand the value his X has.
Click to expand...
Talking about Musk and free speech is a joke. There is literally proof that Twitter is boosting hate speech accounts that constantly violate their rules while blocking people who say things Musk doesn't like.

I'm all for free speech. You are free to say dumb things, I am free to point it out.
 
  • Like
Reactions: TempleOrion, Crabjuice, BlueSkyGuy and 14 others
Been reading this for a while and the rationalizations people come up with are really something: You would think that the first group of people that would jump at the opportunity of saying 'Just pay your *!@#$( bills!' would come up with better excuses but nope: It's all just 'I love Elon because he pisses off the woke people....By just going against every single principle capitalist like him supposedly represent'

He didn't just bought X assets, he also bought their debt and standing contracts: By not paying you're admitting you *WANT* billionaires to be above the law, above anything, just huge parasites on society and the only reason *YOU* all support the free market is because you wish you could get to the top and be free of it altogether and never pay anything to anyone again because you're too rich to care.
 
  • Like
Reactions: TempleOrion, BlueSkyGuy, Clynt and 8 others
yRaz said:
Musk didn't buy Twitter to troll left wingers. He wanted to buy it and then tried to back out of the deal when evidence came fourth that Twitter executives had been lying about the finances of their company. Twitter then had to sue Musk in court to buy them. Musk lost because of something called a due diligence clause and the court ruled in Twitters favor. This was actually the start of Musk's dissatisfaction with the government. The government forced Musk to buy Twitter because Musk should haven known Twitter was committing fraud.

Maybe you should start doing your due diligence before posting?
Click to expand...
What fraud? If there was fraud he could have got out of the deal. Because he didn't check the financials is not fraud. He made them a ridiculously over valued offer and they took it. That is just stupidity on Musk's part.

Would you buy a used car without looking it over? I wouldn't.

I certainly wouldn't sign an agreement to buy a company for a significant part of my wealth (44 billion dollars in Musk's case) without doing any investigation into it's financial well being and value.
 
  • Like
Reactions: TempleOrion, Phatso, Crabjuice and 5 others
Can't tell which is worst online. Musk derangement syndrome (MDS)
or Trump derangement syndrome (TDS).
Ever since Musk bought twitter and let "mean orange man" back, among
other things, he's gone from the media darling to "hope he dies".
 
  • Like
Reactions: Phatso, Clynt, gingerbill and 6 others
McRuff said:
What fraud? If there was fraud he could have got out of the deal. Because he didn't check the financials is not fraud. He made them a ridiculously over valued offer and they took it. That is just stupidity on Musk's part.

Would you buy a used car without looking it over? I wouldn't.

I certainly wouldn't sign an agreement to buy a company for a significant part of my wealth (44 billion dollars in Musk's case) without doing any investigation into it's financial well being and value.
Click to expand...
The whole Twitter case was a **** show and I don't feel like explaining it in a post on a tech website, but you should look into it.

The TL;DR is that Musks offer was based on published earnings, which turned out to be different from their actual earnings. Shareholders were angry at Twitter and in a last ditch effort, they sued Musk to buy Twitter to get get their money back. Twitter moved the case around until it got in front of a judge favoring them and that judge ruled in favor of Twitter. They cited Musk not doing his due diligence but not even the IRS knew about twitters finances until after Musk pulled his offer.

The Twitter case was insane to watch, you should try to find a detailed read of it.
 
  • Like
Reactions: Unbounded, mgwerner and Loadedaxe
yRaz said:
The whole Twitter case was a **** show and I don't feel like explaining it in a post on a tech website, but you should look into it.

The TL;DR is that Musks offer was based on published earnings, which turned out to be different from their actual earnings. Shareholders were angry at Twitter and in a last ditch effort, they sued Musk to buy Twitter to get get their money back. Twitter moved the case around until it got in front of a judge favoring them and that judge ruled in favor of Twitter. They cited Musk not doing his due diligence but not even the IRS knew about twitters finances until after Musk pulled his offer.

The Twitter case was insane to watch, you should try to find a detailed read of it.
Click to expand...
You're gonna hurt ur back bending over backward to avoid seeing the forest through the trees like that.
 
  • Like
Reactions: TempleOrion, BlueSkyGuy, juliotrivino and 3 others
yRaz said:
The whole Twitter case was a **** show and I don't feel like explaining it in a post on a tech website, but you should look into it.

The TL;DR is that Musks offer was based on published earnings, which turned out to be different from their actual earnings. Shareholders were angry at Twitter and in a last ditch effort, they sued Musk to buy Twitter to get get their money back. Twitter moved the case around until it got in front of a judge favoring them and that judge ruled in favor of Twitter. They cited Musk not doing his due diligence but not even the IRS knew about twitters finances until after Musk pulled his offer.

The Twitter case was insane to watch, you should try to find a detailed read of it.
Click to expand...
If he had been defrauded why did Musk fold before the Court case. All that stuff is lies told by musk leading up that court case. But just before the hearing he agreed to pay. Clearly he did not believe his own lies that you are now repeating. Why are you being so weird defending poor defenseless billionaires? No matter how fawning you are, Musk will not buy you a pony.
 
  • Like
Reactions: TempleOrion, BlueSkyGuy, Clynt and 5 others
Kirby1 said:
The left never loved Musk, people just didn't know enough about him to dislike him yet
Click to expand...
Exactly this. Most people didn't have much of an opinion about Musk because we rarely saw him talking or posting on the internet. People just assumed he was an okay guy because they thought of him as a self-made rich guy. But then he opened his mouth.... what's that old saying? It's better to remain silent and be assumed a fool than to open your mouth and remove all doubt.
 
  • Like
Reactions: TempleOrion, BlueSkyGuy, Clynt and 4 others
Another Musk related thread destined for being locked. I'm shocked. /s
p51d007 said:
Can't tell which is worst online. Musk derangement syndrome (MDS)
or Trump derangement syndrome (TDS).
Ever since Musk bought twitter and let "mean orange man" back, among
other things, he's gone from the media darling to "hope he dies".
Click to expand...
Wow! That's a stretch, or is it that people are blaspheming the God of Mars?
yRaz said:
You must be young. Musk used to embody a vision of a brighter future with space travel, high speed underground rail
Click to expand...
Used to - maybe to people who believed his BS. There were people, however, who knew his ambitions were pure and unadulterated pipe dreams of a delusional narcissist with so much money he thought it made him God.

yRaz said:
and he single handedly did more for the EV market than the rest of the world combined. if it wasn't for teslas investment in the EV market then Lithium ion battery prices wouldn't have dropped to the price where they are today.
Click to expand...
A myth to rival the great Greek myths. Flesh it out and publish it. Maybe you'll become a billionaire, too.

yRaz said:
So if you look at how he invested his money he has predominantly used it on left wing ideals and still does so to this day. The right is pretty quiet on what he does these days. And if you want to take a good look at the right these days, they only support trump to stay elected. They haven't contributed anything to solve the issues plaguing us today.
Click to expand...
The only reason the right is quiet about about what Musk does is likely because ORANGE MAN likes him and has even said he will give him a cabinet position if ORANGE MAN wins the presidency.

The likes of Musk in a cabinet position. 🤣 🤣🤣🤣🤣🤣🤣🤣
 
  • Like
Reactions: TempleOrion, Crabjuice, BlueSkyGuy and 2 others
Dimitriid said:
He didn't just bought X assets, he also bought their debt and standing contracts: By not paying you're admitting you *WANT* billionaires to be above the law, above anything, just huge parasites on society and the only reason *YOU* all support the free market is because you wish you could get to the top and be free of it altogether and never pay anything to anyone again because you're too rich to care.
Click to expand...
Cause I’m not a US citizen, I don’t care about your politics so the above is the only comment that reflects the truth and makes any sence to me.

Also though it seems unjust and we’d like to see justice right now, death is the great equalizer. Which means yraz, kirby, toot, musk, orange man, you and me… we are all destined to finish our everything here and leave all behind. It is actually very comforting to know.

 
  • Like
Reactions: TempleOrion and Clynt
yRaz said:
I don't think people realize how much money Musk has. Non of this is about money for him anymore. In today's money, most people will need about 5 million to live comfortably over the course of their life time(that's assuming money doesn't inflate or deflate). He is worth $218 billion dollars. He could live roughly 44,000 lifetimes without wanting for anything.

Frankly, I enjoy watching Musk blow his exorbitant wealth on fighting with with the people who turned our world into a dumpster fire. I don't care if he's being childish(he is), but the people he's fighting with can go **** themselves, too.
Click to expand...
You only need around 2 million to live comfortably and never work again. Obviously you don't spend the principal, you invest it and live off the interest/dividends/gains.
 
  • Like
Reactions: Clynt
Status
Not open for further replies.

Similar threads

zohaibahd
Elon Musk could sell billions in Tesla stock to plug X's financial holes
Replies
22
Views
215
Lew Zealand
Lew Zealand
midian182
Judge dismisses lawsuit accusing X of discrimination over return-to-office policy
Replies
2
Views
60
DavevaS
D
midian182
  • Locked
Elon Musk says he will move X and SpaceX headquarters to Texas in response to California gender law
2 3
Replies
61
Views
1K
wiyosaya
wiyosaya

Latest posts

Back