Twitter bird statue, expresso machine and other items on sale as Elon Musk struggles to pay office rent

Twitter is selling off its surplus corporate assets, including a giant Twitter bird statue, deluxe espresso machines, and high-end furniture in an auction. The auction comes at a time when Elon Musk, the second richest man in the world with a net worth of $137 billion, has been struggling to make Twitter profitable. With interest payments looming on the $44 billion that Musk had borrowed to buy the company, Twitter has reportedly been unable to make rent payments.

Now, the company will be looking to make around $1.5 million, said Ross Dove, chief executive of Heritage Global, the parent company of Heritage Global Partner which is going to manage the auction. Dove told the New York Times that more than 20,000 people have registered to bid online.

“The assets are really good because they bought the best of the best, but I don’t believe we would have had this crowd without the fascination with Twitter,” he told the publication. The sum is, however, unlikely to even “move the needle” for Twitter even as it owes the landlord for its Seattle office millions of dollars.