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Musk’s Twitter Sells Off Coffee Makers, Neon Logo in Auction Blitz

Posted

January 18, 2023

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Fancy an espresso machine once used by Twitter Inc. employees? Or a neon display of its logo? Fans of the social media company have a chance to get their hands on them in a fire sale of items from its San Francisco headquarters starting Tuesday.

The 27-hour online auction, organized by Heritage Global Partners Inc., is the latest sign of upheaval at the company, which billionaire Elon Musk acquired for $44 billion last year.

The 631 lots of “surplus corporate office assets” range from the mundane — industrial-scale kitchenware and typical office furniture like whiteboards and desks — to less typical fare for office auctions, such as quirky signage and more than 100 boxes of KN95 masks. Also in the mix are a range of designer chairs, coffee machines, iMacs and stationary bike stations capable of charging appliances.

Most of the items, including company memorabilia like a large Twitter bird statue and an “@” symbol sculpture planter, had starting bids of $25. With about 20 hours left in the auction, the neon logo had received 64 bids valuing it at $17,500 — the highest current bid of the lot. The bird statue had 55 bids, pushing the price to $16,000, while the “@” sculpture had 52 bids for a $4,100 value.

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Musk’s Twitter Sells Off Coffee Makers, Neon Logo in Auction Blitz · Bloomberg News · Sentinel