Elon Musk's company, X, is being sued for $20 million.

A recent development in the world of tech has caught the attention of many as billionaire Elon Musk's social media platform, X, is facing a lawsuit worth $20 million. The lawsuit was filed by Omid Kordestani, a former executive chairman at Twitter, who claims that Musk has refused to pay him for shares worth more than $20 million. This legal action has been taken against both Musk and X, and it is said that the lawsuit was filed in the California Superior Court in San Francisco.

Kordestani's involvement with Twitter dates back to 2015 when he joined the company's board. He was also the one who oversaw the sale of Twitter to Musk in October 2022. However, things have taken an ugly turn as Kordestani alleges that Musk has failed to compensate him for his seven years of hard work and dedication to the company. The lawsuit further states that X is trying to reap the benefits of Kordestani's service without actually paying him for it.

This is not the first time that Musk has been sued for unpaid compensation. In fact, earlier this year, former Twitter CEO Parag Agrawal, along with three other employees, filed a lawsuit against Musk for a whopping $128 million in unpaid severance. The lawsuit claims that Musk publicly stated his intention to withhold their severance payments, which amount to around $200 million, when he took over Twitter for a staggering $44 billion in 2022.

According to reports, Agrawal, along with ex-chief financial officer Ned Segal, former head of legal and policy Vijaya Gadde, and former general counsel Sean Edgett, had a combined exit package of more than $100 million when they left the company. However, Musk's refusal to pay this amount has resulted in a legal battle that has caught the attention of many.

As of now, neither Musk nor X has made any official statement regarding these lawsuits. It remains to be seen how these matters will be resolved and what the outcome will be for all parties involved.

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