Slowly but surely the date is approaching January 27th, about the first interest payment for the purchase of Twitter, something that undoubtedly worries Elon Musk. Recall that in order to acquire the social network, he was forced to apply for various loans (of various types), to which he added part of his personal wealth in order to pay the purchase price of 44,000 million dollars. both parties agreed in April.

A few days before the said first signing, before the whole soap opera that the operation became, we already warned about the impact that these credits could have on Musk. That date has already arrived, and although Musk managed to reduce Twitter’s operating costs, hand in hand with his measures and his communication policy, the social network also saw a huge loss in the volume of advertising contracts, with a 40% drop in its annual index (year-on-year ).

Mass layoffs, reduced benefits for those who remain employees (some reports say workers must bring their own toilet paper when they go to the office), stop paying rent… it’s true that social media accounts are inadequate, always have been , but the image that Twitter creates with some of these actions goes directly against its interests, as it leaves its image at the level of bitumen.

So anything that serves to get liquidity seems to apply up to that point Twitter auctioned off items from its offices. Yes, you read that right, auction house Heritage Global Partners has posted some listings for furniture and office equipment in recent days, including some social network imagery like a neon sign with the Twitter logo. According to various sources, some of these items were sold for between $40,000 and $100,000.

It may seem like a lot of money, yes, but once we stop to see the size of Twitter’s debt, as well as Elon Musk’s debt, we can see that it’s like scratching through a fog and, as I said before, it doesn’t paint a particularly positive picture of the company. Who would enter into long-term contracts with a company that also pays for its furniture? This is undoubtedly a major problem, as trying again to get some liquidity in the short term can mean stopping the future.