Twitter recently made a first interest payment to the banks that lent $13 billion to aid Elon Musk’s buyout. However, there was a reported drop in revenue and adjusted earnings in December after advertisers fled following Musk’s takeover.

Added to advertiser concerns, Musk has talked about the possibility of bankruptcy for the social media giant.

Plus, Twitter was reported as terminating employment for 3700 employees in November to downsize. It was also recently reported Musk had sacked a further 200 staff.

When Musk took over last year, Twitter experienced a 71 per cent decline in advertising business.

His recent sale of $5.37B in Tesla stock to fund Twitter seemed a step in the right direction to pull the iconic company back on track, but Twitter still seems to be in strife, with offices around the world shutting, including the Sydney CBD office.

Now it is getting closer to the grass roots, with staff in Seattle being told to work from home, and supplies from the company HQ being set for sale on auction website Heritage Global Partners, with Musk saying he wanted to clear out the HQ of “woke” supplies.

These include a $20,000 espresso machine, a $10,000 vegetable dryer and a $17,000 braising pan.