Elon Musk auctioning Twitter items after rebranding as ‘X’

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Just weeks after Twitter’s rebranding as ‘X’, Elon Musk has initiated an auction of various items from the company, as reported by BBC.com.

Unique Twitter Items Up for Auction

Among the 584 lots available for auction are coffee tables, outsized bird cages, and oil paintings featuring images that went viral, according to the report.

Assorted Furniture and Instruments Listed

The report mentioned that they have listed tens of desks and chairs, along with a DJ booth and musical instruments, for auction.

Twitter Auction Details and Minimum Price

Each lot at the auction has a minimum price of $25 (£19.70), as reported by auction house Heritage Global Partners. Bidding will start on September 12 and wrap up two days later.

Post-Acquisition Changes and Unique Auction Items

In 2022, Elon Musk acquired Twitter for $44 billion and has since reduced the company’s workforce to save money. The upcoming auction will include the Twitter sign attached to the San Francisco headquarters on 10th Street. Notably, the auction offers two oil paintings of famous Twitter photos: Ellen Degeneres’ star-studded selfie from the 2014 Academy Awards and the image tweeted by then-US President Barack Obama after his re-election in November 2012. A similar auction occurred earlier this year, featuring various items from Twitter’s San Francisco HQ. The highest bid reached $100,000 for a statue featuring the iconic bird logo. In July, Twitter changed its branding, replacing the blue bird logo with a new black and white ‘X’ design.

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Elon Musk auctioning Twitter items after rebranding as ‘X’

Just weeks after Twitter’s rebranding as ‘X’, Elon Musk has initiated an auction of various items from the company, as reported by BBC.com.

Unique Twitter Items Up for Auction

Among the 584 lots available for auction are coffee tables, outsized bird cages, and oil paintings featuring images that went viral, according to the report.

Assorted Furniture and Instruments Listed

The report mentioned that they have listed tens of desks and chairs, along with a DJ booth and musical instruments, for auction.

Twitter Auction Details and Minimum Price

Each lot at the auction has a minimum price of $25 (£19.70), as reported by auction house Heritage Global Partners. Bidding will start on September 12 and wrap up two days later.

Post-Acquisition Changes and Unique Auction Items

In 2022, Elon Musk acquired Twitter for $44 billion and has since reduced the company’s workforce to save money. The upcoming auction will include the Twitter sign attached to the San Francisco headquarters on 10th Street. Notably, the auction offers two oil paintings of famous Twitter photos: Ellen Degeneres’ star-studded selfie from the 2014 Academy Awards and the image tweeted by then-US President Barack Obama after his re-election in November 2012. A similar auction occurred earlier this year, featuring various items from Twitter’s San Francisco HQ. The highest bid reached $100,000 for a statue featuring the iconic bird logo. In July, Twitter changed its branding, replacing the blue bird logo with a new black and white ‘X’ design.

Also Read The Latest News:
Government enforces new rules for influencers endorsing products and therapies
Uber faces controversy again as driver assaults passenger in Bengaluru
Elon Musk considers a ‘Noble’ debate instead of cage match showdown with Mark Zuckerberg
Klub bolsters Indian brands with INR 40 crores investment, primed for festive season success
Flipkart GRiD 5.0 crosses 4.5 lakh+ registrations on Unstop, surpasses CAT 2022

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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