Twitter launched an auction to sell much of its furniture from its San Francisco headquarters

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Included in the bid are corporate items like a statue of the birdie, which is already going for $20,500, and a huge neon with the same bright logo, which has already reached $22,500

Twitter launched an auction to sell much of its furniture from its San Francisco headquarters

Twitter launched an auction to sell much of its furniture from its San Francisco headquarters. (REUTERS)

Twitter put up for sale much of the furniture at its San Francisco headquarters which includes, among other items, tables, chairs, coffee machines, pizza ovens, beer coolers, projectors, among others.

It will be the home of Heritage Global Partners the one in charge of conducting the auction of 631 lots, as can be read on its website. Bidding opened Tuesday and will close at 10:00 a.m. San Francisco time.

Included in the auction are corporate items such as a statue of the Twitter bird, which is already at $20,500, and a huge neon with the same bright logo, which has already fetched $22,500.

Although chairs, tables, monitors and desk furniture, there are also exercise bikes for practicing gymnastics, boxes of KN95 masks and a good number of coffee makers, ovens and industrial-size refrigerators.

In early November, after buying Twitter for 44 billion dollars, Musk fired half of the 7,500 group employees, explaining that the company was losing more than 4 million dollars a day.

Twitter started an auction to sell off much of its furniture from its San Francisco headquarters

In early November, after buying Twitter for $44 billion, Musk fired half of the group's 7,500 employees, explaining that the company was losing more than $4 million a day. (REUTERS)

The platform receives most of its revenue from advertising, but the Tesla boss's views and decisions on content moderation scared away a number of advertisers.

In December, the billionaire indicated during an online discussion that he had begun “cutting costs like crazy” to avoid falling into cessation of payment.

With the savings made and the launch of a new paid subscription for 8 dollars per month, according to its projections, the social network could bill about 3,000 million dollars in 2023.

According to Forbes, the businessman would have lost around 182,000 million dollarssince November 2021 -which has made it break a world record for losses-; That same November, he even wrote in a tweet that Twitter was asking for $4 million a day.

Elon Musk is also facing a corporate fraud trial in which several investors are seeking compensation billionaires from a 2018 tweet in which the EV maker's CEO said he had raised funds to take the company public, something that never materialized. p>

Twitter started an auction to sell much of its furniture from its San Francisco headquarters

Elon Musk also faces trial for corporate fraud in California. (AP)

The possibility of a $72 billion acquisitionboosted the company's share prices, a rally that ended abruptly a week later, when it became apparent that it did not have the funds to close the deal. So Tesla shareholders filed a lawsuit against him, saying the company's stock wouldn't have fluctuated as much if he hadn't talked about buying the company at $420 a share. /p>

Nicholas Porritt, an attorney representing Glen Littletonand other Tesla shareholders in the class action lawsuit, he was quick to portray Musk as a villain to jurors.

“Why are we here?” he asked. “We are here because Elon Musk , president and CEO of Tesla , lied to him. His lies caused ordinary people like Glen Littleton to lose millions and millions of dollars.” He added that Musk's tweet also hurt pension funds and other organizations that owned Tesla stock at the time.

Musk's lawyer, Alex Spiro, responded that the sharp increase in Tesla's prices after the tweets were posted was primarily a reflection of investors' faith in Musk's ability to pull off amazing feats, including building the company. largest electric vehicle manufacturer in the world while also running SpaceX, a company that makes space rockets.

(With information from EFE)

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