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MyPillow’s Massive Industrial Equipment Auction Underwhelms, As Owner Mike Lindell Faces Political Backlash

Summary: MyPillow’s auction of over 800 pieces of surplus industrial equipment seems to have commenced sluggishly, with more than 100 items failing to attract any bids and others priced significantly below market value. The company’s owner, Mike Lindell, previously vocal about his support for Donald Trump and the latter’s unproven election fraud claims, reported losing $100 million after major retailers removed MyPillow products from their shelves.

MyPillow Auction Faces Lackluster Interest

The online auction of over 800 industrial equipment items by MyPillow on the platform K-Bid has not garnered significant interest. Among the listed items, more than 100 have not attracted any bids, while others are going at prices considerably lower than market value.

Mike Lindell’s Controversial Political Views and Their Consequences

Owner of MyPillow, Mike Lindell, a staunch Donald Trump supporter, has claimed to have lost $100 million after his products were delisted by major retailers due to his outspoken advocacy of conspiracy theories about the 2020 presidential election. Lindell, like other conservative figures such as Rudy Giuliani, has faced repercussions for endorsing Trump’s unfounded claims of election fraud.

Overview of Auction and Bidding Dynamics

Items like the ‘Hytrol Power Belt Conveyor’ and an ‘entry security cage’ are among those that currently have bids far below their market value. However, bidding patterns on platforms like K-Bid often show a sharp increase closer to the bidding deadline, a strategy also recommended on eBay, the world’s largest online auction site.

Social Media Reactions and Criticisms

Initial low bids at the auction have sparked criticism and humor on social media. Twitter users shared screenshots of the low bids, with one user commenting about industrial machines selling for a meager $5, while another joked about Lindell auctioning off his ‘evidence’ regarding the election.