A floor statue featuring Twitter’s blue bird logo sold for $100,000 at an auction of more than 600 office supplies on Wednesday. The company’s new overlord, Elon Musk, decided she was no longer needed.
The blue bird statue fetched 4,000 times its opening bid of $25, becoming the top-selling item in the distress sale. At 46 inches wide x 41 inches high x 12 inches deep, the statue doesn’t appear to be anything special. The bidders obviously disagreed with me and went to war over the statue, increasing their bids from $30,000 to $100,000 in the final hour of the auction, according to SFGATE. It’s not clear what the statue is made of, although at least one reporter reported via Twitter tweeted that it was made out of thin sheet of foam.
Twitter logos were the hot commodity at the office sale hosted by Heritage Global Partners. SFGATE reported that a 10-foot-tall neon blue Twitter bird sign, which was also contested in the final hours of the auction, sold for $40,000 and was the second-highest grossing item. Third place went to a 73″ x 75.7″ “@” planter that can house real plants and fetched $15,500.
Gizmodo reached out to Heritage Global Partners on Thursday morning to comment on the auction’s total amount, but received no response at the time of publication.
However, logos weren’t the only items up for sale in Wednesday’s auction. The office flea market offered a hodgepodge of office supplies and furniture, industrial kitchen appliances, and pre-Musk-era company memorabilia.
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Speaking of Musk, there wasn’t anything the world’s biggest miser — who stopped paying rent and paying suppliers — wouldn’t sell. According to Heritage Global Partners’ auction site, Twitter’s lot included:
- 102 chairs
- 97 tables
- 60 TVs
- 42 stools
- 8 ovens
- 6 espresso machines
- 40 panels
- 20 pillows
- 9 benches
- 9 refrigerators
- 8 cabinets
- 8 podium places
- 5 swivel chairs
- 4 freezers
- 14 monitors
- 68 power strips
- 107 boxes of KN95 face masks (over 151,800 masks in total)
While the auction is unlikely to have raised the kind of money Twitter needs to offset its $1.5 billion annual interest payments, which are part of the $13 billion in debt Musk owes the Company has imposed to buy it, cash is cash. I guess. Judging by reports that Twitter Sales fell by 40% Year after year and that 500 of its top advertisers have fled since Musk took over, the company will need every dollar it can get. The Financial Times reports that the first installment of interest payments would be due at the end of January.