Friday, March 29th, 2024

Trending News: Elon Musk in trouble: There is no money for Twitter office rent, everything from chair to coffee machine is being auctioned


When Elon Musk bought Twitter, he was the richest person in the world at that time and now in just a few months, Elon Musk has come at number two in terms of wealth. Elon Musk has been in trouble ever since he made the Twitter deal. In colloquial language, Twitter’s deal is proving to be a boon for Elon Musk, while in business language, perhaps Elon Musk may be regretting buying Twitter. After becoming the owner of Twitter, Elon Musk fired more than half of the company’s employees to meet expenses. Even after that the expenditure is not coming out.

Twitter logo is also being sold

Now Elon Musk is not even able to pay the rent of Twitter’s office. To give office rent, Elon Musk has started auctioning office items. Elon Musk is selling everything in Twitter’s office that can make him big money. Let’s take a look at the things Elon Musk is selling.

Corporate assets are being auctioned from Twitter’s San Francisco headquarters. Twitter’s logo is also among the properties being auctioned. The Twitter logo has been auctioned for $ 1,00,000 i.e. around Rs 81,25,000. Some of Twitter’s memorabilia, with more than 600 items ranging from electronics and furniture to kitchenware, has been put up for auction. Slowly everyone is being auctioned. Luxury sofas, lounge chairs and long conference tables have also been kept in this auction.

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Lot 631 in the auction includes a blue electric light display in the shape of Twitter’s bird logo, which fetched a bid of $17,000 (roughly Rs. 13,81,785). Also auctioned are five espresso machines that were made by the Italian company La Marzocco. A machine has been auctioned for $11,000 i.e. Rs 8,94,096.

20,000 people participated in this online auction. Heritage Global, the parent company of Heritage Global Partners, conducted the auction. Its chief executive Ross Dove said that more than 20,000 people had registered to bid online. According to him, this is the biggest auction organized by his company in 90 years.

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