Business Standard

Twitter's 27-hour online auction as Elon Musk grapples with rent

500 advertisers have paused spending on Twitter since Musk took over: Report


Photo: Bloomberg

The 27-hour online auction, organised from Tuesday by Heritage Global Partners, at the San Francisco headquarters, is the latest sign of upheaval at the firm, which Musk acquired for $44 billion.

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

With about 20 hours left in the auction, the neon

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First Published: Jan 19 2023 | 12:00 AM IST

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