Elon Musk’s company, X, is facing a lawsuit from Taiwanese tech firm Wiwynn for $61 million related to unpaid server parts. Key points include:
– Wiwynn alleges that after Musk acquired X in 2022, the company stopped paying for approximately $120 million worth of server parts as per their 2014 purchasing agreement.
– The lawsuit states that X abruptly halted payments in November 2022 and ignored Wiwynn’s attempts for communication.
– Wiwynn managed to cancel or recoup $59 million worth of components and is seeking damages for the remaining amount.
– This lawsuit adds to the mounting legal issues Musk faces, including claims from former Twitter executives over $128 million in unpaid severance.
– Musk has also initiated lawsuits against advertisers over alleged boycotts of the platform.
Both X and Wiwynn have not provided comments regarding the situation.