Twitter Bird Statue Sold For $100,000 At Online Auction
Elon Musk and Twitter recently held an online auction of memorabilia, office equipment, furniture, supplies and other items from Twitter HQ in San Francisco.
The most sought-after item was the blue bird statue, which sold for $100,000 to a private individual. A 10-foot neon Twitter bird display also received a bid of $40,000.
The online auction, run by Heritage Global Partners, was held for 27 hours and featured 631 lots of items, including whiteboards, coffee machines, designer chairs, and iMacs.
The auction was held in the wake of Twitter’s acquisition by Tesla CEO Elon Musk last October. Since then, Musk has made major cuts to staff, delayed rent payments, and eliminated perks such as free meals. The total proceeds of the auction are not known, but are not expected to have a significant impact on Twitter’s financial situation. The company has been losing advertisers and is facing a large debt payment of $1.5 billion a year, with the first $300 million due at the end of January 2023.
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