Elon Musk is cleaning house — literally.
The Tesla billionaire is selling furniture and other belongings from Twitter’s San Francisco headquarters in an unprecedented auction.
More than 600 items labeled as “surplus corporate office property” are for sale and arranged by the auction firm. Heritage Global Partners,
The move comes months after Twitter laid off thousands of employees and then downsized its headquarters.
The social media platform, which Musk acquired in October in a $44 billion deal, has reduced its space at 1355 Market St. by two-thirds.
Among the items is a Twitter bird figurine, for which some were willing to pay $16,000 – meanwhile, a neon digital sign depicting the blue Twitter logo went for $23,000 and a whiteboard for $1,500. Other items included a laser projector for $2,100, a conference phone for $250, and a sofa for $1,550. The portable standing desk cost $3,100.
What’s more: A soundproof office phone booth is up for auction with a bid of $4,500. Even kitchen appliances, such as walk-in fridges, ovens and freezers, were included in the sale. A semi-auto espresso machine sold for $4,700. Bidding is expected to close by the end of Wednesday.
In response, Twitter users were having a field day with the auction.
#YardSale going on on Twitter,” wrote one user.
The move comes as Musk, 51, is making big cuts to staff – even eliminating the option of free meals.
In December, Musk revealed that Twitter was not financially secure. “We have an emergency fire drill on our hands.”
“Twitter is not safe yet, not in the fast lane to bankruptcy. Still a lot of work to do,” Kasturi tweeted later,
After Not Paying Rent, Twitter Is Now Gone six floors to occupy only two,
Twitter laid off nearly half of its 7,500-employee global workforce in early November as Musk laid out a drastic plan to cut costs. This included 800 that were based in San Francisco.
The company is also reportedly set to close its Seattle and New York City offices in an effort to cut costs.
Musk has also come up with ideas to generate revenue, such as charging for verification and subscription plans.