Tuesday, April 30, 2024

Elon Musk is living in a prefab tiny house worth only $50K

elon musk house

According to Insider, the Willy Wonka & the Chocolate Factory actor had lived in the 2,756-square-foot, three-bedroom, three-bathroom ranch-style home for more than 30 years, until 2007. The billionaire techie purchased another Bel-Air mansion while it was still under construction for $24.25 million in 2016, Variety reported that year. Notably, Musk doesn’t own a home near the Tesla factory in Fremont, California. He has previously shared that he slept on a couch or the floor of a conference room during busy production periods. Insider previously reported that a Boxabl pre-fabricated house called a "Casita" had been delivered to SpaceX.

A closer look at the properties Elon Musk sold after “will own no house” decision - Parametric Architecture

A closer look at the properties Elon Musk sold after “will own no house” decision.

Posted: Tue, 08 Aug 2023 07:00:00 GMT [source]

Purchased December 21, 2012 for $17,000,000

"Friends of mine come and they can't believe I'm staying in this house," Musk said in the podcast. Asked if he likes staying there, Musk responded, "If I'm there by myself, it's fine." Musk also mentioned he was at a friend's house in Austin during the severe freeze in February, saying it lost power, heat and internet access. Musk has said that his primary residence is in a $50,000 modular mini house in Boca Chica, near SpaceX's launch facility in South Texas.

I moved from California to Portugal as a single mom of 2. Here people actually care about kids.

Tesla chief Elon Musk says he's 'not building a house anywhere' in wake of federal investigation - TheStreet

Tesla chief Elon Musk says he's 'not building a house anywhere' in wake of federal investigation.

Posted: Thu, 31 Aug 2023 07:00:00 GMT [source]

At the time, Musk denied living in the modular house, saying that he lives in a different small house in Texas. But in July 2022, he said on a podcast that he owns a Boxabl and uses it as a guest house. The world’s second richest man Elon Musk, despite a net worth of $166 billion, famously doesn’t want to own any assets so that he can focus on the bigger missions of making Earth greener (Tesla) and moving human beings to Mars (SpaceX). The multi-billionaire recently said he’d sold all of his mansions in California except for one event house in the Bay Area.

Bel-Air mansion, Los Angeles

A report by Forbes also celebrated the eco house for its sustainable qualities, including a dual tankless hot water system, dual-zone climate control, and irrigated drought-tolerant landscaping. The hillside home, which sold for sold the house for $4 million in August 2019, is a celebration of Californian luxury – complete with floor-to-ceiling windows, an expansive chef's kitchen, and a large saltwater pool and spa overlooking the city. Before downsizing, Elon Musk owned several properties around greater Los Angeles – with a collective worth of over $70 million, according to Rethinking The Future. As officially the world's richest man, you would expect Elon Musk to hold one of the most prestigious property collections of the twenty-first century. The boomerang-shaped house in Brentwood, California, purchased by Musk in 2014, mirrors his preference for unique designs. Privacy hedges surround the property, emphasizing both security and a connection with nature through floor-to-ceiling windows.

elon musk house

The company’s directors are asking shareholders to again approve the multibillion-dollar compensation plan and to move the company’s registration to Texas, from Delaware. Musk said it was half a mile away from SpaceX's South Texas rocket factory, which he can walk to. "My friends come and stay and they can't believe I'm staying in this house," he said. The first model of the construction technology startup is called “Casita,” but they’ve already created other designs to fit different families and meet individual needs. The pioneering Las Vegas-based company, co-founded by Galiano and his father, Paolo Tiramani, in 2017, manufactures compact homes that can be shipped anywhere. Musk, who turned 50 in June, revealed in a tweet that he is now living in a humble $50,000 home that he rents from SpaceX on its launch site in Boca Chica, Texas.

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The billionaire also shared that he had a 'small birthday party' there once. Musk has recently engaged in a tit-for-tit with Democrats over taxes on Twitter. In his latest tweet, Musk said Sunday that he would pay more than $11 billion in taxes this year.

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Yes, Elon Musk owned the house of the late actor Gene Wilders, which he had purchased to “preserve the spirit of Gene Wilder”. Here's a better look at the poster on his wall, a print of which is currently listed on Posterazzi.com for $32.83. Elon Musk primarily lives in a "kinda awesome" $50,000 home in Boca Chica, Texas, that he rents from SpaceX, he said in June.

elon musk house

The building is surrounded by privacy hedges for security but has floor-to-ceiling giant windows throughout to let the daylight in. Musk sold the home for $4 million in late August 2019, stated a Business Insider report. This stunning Elon Musk’s house was located a little away from his mansion for $6.75 million in October 2013.

Tesla laying off 3,300 workers in CA due to declining sales, increased competition

Musk said that while Tesla’s HQ is moving, the company will continue to expand activities in California. He said the company plans to boost production at its Fremont facilities by 50 percent, and the company announced a new lease for a large office space in Palo Alto. His tunneling and infrastructure company, The Boring Co., has had a presence in the area since last year and purchased land in Bastrop County. His neurotechnology company, Neuralink, has had job postings in Austin in recent months.

Many people enjoy learning about the houses owned by Elon Musk and other sustainable celebrities because they’re inspiring. Someone who owned and lived in mansions still chose to downsize to a tiny home. It shows you don’t need wealth or expensive belongings to live a comfortable life. He has since downsized enough to live in his tiny home in Boca Chica, Texas. Made by Boxabl, his Casita model has 375 square feet and includes a bedroom, living room, bathroom, kitchen and an area for a washer and dryer set.

He’d been renting the property for a few years while living there with his sons. It included features like a movie theater, wine cellar, and two-story library. He flipped it for a profit when it sold to another billionaire in 2020 for $29 million, according to The Wall Street Journal. Musk has offloaded his Los Angeles real estate in the past year, often at slim profit margins—if any. He sold his first mansion, located on Chalon Road, for $29 million in June 2020; he had purchased it for $17 million in 2012. The 50-year-old mogul first announced plans to sell all of his homes and most of his possessions last year, in response to criticism of his massive wealth.

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