Twitter bird statue fetches $100,000 as Musk auction

Twitter bird statue fetches $100,000 as Musk auctions

New Twitter chief Elon Musk has started the 27-hour online auction of San Francisco headquarter items like furniture, decorations, kitchen equipment and many others

A Twitter bird statue fetched $100,000 on Wednesday, according to the news agency AFP. 

A Representative of Heritage Global Partners told Fortune magazine last month that “this auction has nothing to do with their financial position."

Still, more cash is likely welcome for Musk, who is trying to cut costs radically at the company, and has failed to pay rent for another San Francisco address, attracting a lawsuit. Other offices, including its Asia-Pacific base in Singapore, have also not been spared, with staff there being asked to clear out and work from home, as per Bloomberg reports. 

Musk 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.