Where Does Elon Musk Live Now and What Happened to His Mansions?

Table Of Content

• Purchased January 15, 2019 for $6,400,000
• Elon Musk, Mark Zuckerberg excluded from feds’ AI safety board filled with top tech CEOs
• How much is Elon Musk to blame for Tesla sales slip?
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• Elon Musk Now Lives in a $50,000 Prefab Tiny House in Texas
• Controversy follows Musk, from his real estate portfolio to his personal life

The Elon Musk house is a fascinating particularity for a man with a mind of his own. This article features Elon Musk's small $50K home in Brownsville, Texas. These kinds of homes are prefab — or prefabricated — homes, meaning they are typically cheaper, quick build homes with a focus on sustainability, per Curbed. Founded by Paolo Tiramani in 2017, the company boasts being able to ship homes anywhere in the world, and the company has a goal of mass-producing houses at an affordable cost, per The New York Post.

Purchased January 15, 2019 for $6,400,000

If you're interested in the tri-motor Plaid variant of the Model S, you'll be paying around $131,190. And finally, as for the Model X SUV — which is known for its "Falcon Wing" doors, or the doors that you would imagine the cars of the future to look like — starts at a whopping $96,190. Elon Musk has amassed so much wealth that it can be difficult to wrap your brain around. According CNBC, Musk is worth $185 billion — an amount so high Insider shared a graph of Musk's wealth in order to help visualize the sheer extent of it, and describes it by using the analogy of distance.

Elon Musk, Mark Zuckerberg excluded from feds’ AI safety board filled with top tech CEOs

Initially rented in 2010, Musk later acquired the mansion for $17 million, boasting seven bedrooms and thirteen baths. The architecture, marked by a beautiful brick ceiling in the kitchen and a picturesque view of the Bel-Air Country Club, reflects Musk’s taste for grandeur. A growing real estate portfolio had fans asking where Elon Musk’s house was. While he could have lived in any of his properties, he took up residence in a boomerang-shaped mansion in Brentwood, Calif. Given that Musk works in the realms of business and technology, it isn't surprising that his home contains CCTV cameras and Tesla-branded solar panel roofing. Moreover, the home features a sizable kitchen equipped with high-quality appliances including a dishwasher and a refrigerator, a respectable living room, and a space that serves as the billionaire's sleeping area.

How much is Elon Musk to blame for Tesla sales slip?

He added that he's trying to change the name of the street from Weems Street to Meme Street. Varying in size and architecture, one of the homes is a modest ranch that he bought for $4.3 million in July 2015, and later sold for $4.4 in December 2020. The remaining homes on the cul-de-sac sold for a combined value of $36.4 million. From there, Musk sold three homes all located within a private cul-de-sac in the prestigious Bel-Air neighbourhood. Featuring large entertaining spaces including a home theatre and high ceilings throughout, some of the other unique features include a master suite with 2 bathrooms, an oversized walk-in closet, and a 2-room guest suite.

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Located in lower Bel-Air, Musk’s first mansion sold in June 2020 for a whopping $29 million. According to Forbes, the Tesla billionaire CEO bought the luxurious home in December 2012 for $17 million. In November, the housing startup company publicly boasted they just built for a “high profile” and “top secret” customer in Boca Chica.

The Motley Fool is a USA TODAY content partner offering financial news, analysis and commentary designed to help people take control of their financial lives. Boxable makes accessory dwelling units (ADUs) that you can set up anywhere that allows them. For $50,000 you get a place to live, but you need to have the land on which to put this house, including utility hookups. In December, Musk sold four Bel Air properties for a combined $61.89 million; He originally spent nearly $55 million on those properties, purchasing them between 2015 and 2019. Overall, Musk has made an estimated profit of $19.2 million on his six home sales over the past year.

In October 2013, Elon Musk purchased actor Gene Wilder's former home (on the same street as his previous Bel-Air mansion) for $6.75 million. 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. This stunning Elon Musk’s house was located a little away from his mansion for $6.75 million in October 2013. Yes, Elon Musk owned the house of the late actor Gene Wilders, which he had purchased to “preserve the spirit of Gene Wilder”.

But it would appear that he's gone ahead and surprised us all again in a way that we never could have predicted from the billionaire. As one of the world’s richest men, Elon Musk can easily afford to drop hundreds of million of dollars on any lavish home he wants. Instead, the multibillionaire is living in a $50,000 tiny home in Boca Chica, Texas, where his SpaceX headquarters are located. Musk’s kitchen as shown in Isaacson’s photo looks very similar to the standard kitchen in Boxabl’s 2021 YouTube video. But according to the author, Musk lives in a two-bedroom house rather than a studio. Last year, Musk expressed dissatisfaction with California over its Covid restrictions that restricted operations at the Tesla factory in the Bay Area, and sold off several properties in that state.

Controversy follows Musk, from his real estate portfolio to his personal life

Elon Musk Warns About a New Housing Crisis Worldwide - TheStreet

Elon Musk Warns About a New Housing Crisis Worldwide.

Posted: Wed, 07 Jun 2023 07:00:00 GMT [source]

Despite having unrestricted and unrivaled access to some of the world's best homes, the business magnate publically vowed to 'own no house' and lives in a compact home worth $50,000 in Boca Chica, Texas. 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.

Although he mentioned in a Tesla shareholders meeting that he was staying there, Musk later clarified with Business Insider that he wasn’t living there and was searching elsewhere in Texas for permanent housing. Take a deep dive into the properties Musk sold to better understand how his life changed. You’ll know what downsizing can look like and why life is still fulfilling when you live with less. The identity of that top-secret customer became even clearer after Musk tweeted earlier this month that his current home is a $50,000 house in Boca Chica.

DOJ ramps up criminal probe on Elon Musk, Tesla over alleged misuse of funds to build glass house: report - New York Post

DOJ ramps up criminal probe on Elon Musk, Tesla over alleged misuse of funds to build glass house: report.

Posted: Wed, 20 Sep 2023 07:00:00 GMT [source]

That vote will take place as investors are increasingly worried about the electric car company because its sales are declining, and its stock has fallen more than one-third this year. In addition, Mr. Musk has not presented much of a plan to restore the company’s momentum. When asked what he thought of Musk living in his creation, Galiano told The Post he was unable to comment on the matter. 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.

Most of that financial growth he has seen has come from Tesla stocks, which have reportedly increased 720% in 2020. We'll be in your inbox every morning Monday-Saturday with all the day’s top business news, inspiring stories, best advice and exclusive reporting from Entrepreneur. In the picture from Isaacson, Musk appears to have a katana sword on his coffee table, as well as some sort of rocket-shaped object or sculpture, and what appears to be a handful of games. A Tesla "Plaid Mode" jacket, which Musk has been photographed wearing before, hangs on a chair. If I sold it, the house would see less use, unless bought by a big family, which might happen some day. Musk bought the house in 2017 for just over $23 million from Christian de Guigne IV.

Earlier this year, the Journal reported that Musk was building a company town called "Snailbrook" in Texas and had plans to create a private compound for himself on the premises. One property currently for sale on Weems Street, a 1,000-square foot home listed as a "fixer upper" for "SpaceX enthusiasts," is listed for $375,000. The 2,756 square foot home comes with an oval infinity pool and a separate guest cottage. The stunning view property is nestled amid the 13th green and 14th fairway on the Bel-Air Country Club Golf Course. Boasting city views, the ranch-style home includes 4 bedrooms which he later turned into a private school for his children.

Acquired for $6.75 million in October 2013, Musk transformed this residence into a private school named AdAstra. The architectural charm of this estate, situated on a golf course, resonates with Musk’s vision of preserving Gene Wilder’s spirit. The energy-efficient house is much more environmentally friendly than large mansions, aligning Musk’s private life with his sustainable business practices.

Musk is residing in the tiny home in Boca Chica, Texas, where the SpaceX headquarters are located (via The Atlantic). According to Motor Trend, buying a Tesla will cost you a pretty penny. The Model 3 is the cheapest available version of the car and is the only one with the capability to come in at less than Musk's tiny home. While the car starts at $41,190, pretty much any additional features will bring the total cost up to higher than $50,000. The Tesla Model S is significantly more expensive, starting at $86,190.

"I don't know if it would win with respect to Optimus, or with respect to future products, but there's enough momentum for Tesla to solve autonomy, even if I disappeared, for vehicles." "I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control," he wrote in a post on X. "Enough to be influential, but not so much that I can't be overturned." Musk owns a 20.5% stake in Tesla, ​​more than 715 million shares, as of March 31, according to the company's recent proxy filing.