Bird statue fetches $100,000 as Musk auctions Twitter HQ items
The Hindu
Mr. Musk said he had been "cutting costs like crazy" at the platform he bought for $44 billion.
A Twitter bird statue fetched $100,000 on Wednesday as Elon Musk auctioned off furniture, decorations, kitchen equipment and more from the tech firm's downtown San Francisco headquarters.
An online auction of "surplus corporate office assets of Twitter" that lasted slightly more than 24 hours also featured a 10-foot neon light in the shape of Twitter's bird logo, which brought in a winning bid of $40,000, Heritage Global Partners auction service confirmed.
Among the 631 lots were espresso machines, ergonomically correct desks, televisions, bicycle-powered charging stations, pizza ovens and a decorative planter shaped like an "@" sign.
Mr. Musk in December said that severe cost cuts at Twitter had repaired the company's dire finances as he set out to find a new CEO for his troubled social media platform.
The mercurial billionaire told a live chat forum at the time that without the changes, including firing over half of Twitter's employees, the company would have bled $3 billion a year.
Mr. Musk said he had been "cutting costs like crazy" at the platform he bought for $44 billion.
Just weeks into his ownership of Twitter, Mr. Musk fired about half of its 7,500-strong workforce, sparking concern that the company was insufficiently staffed to carry out content moderation and spooking governments and advertisers.