Elon Musk says he lives in a $45,000 home: “It’s totally small”


Elon Musk, the world’s wealthiest particular person, mentioned his most important house is now a three-bedroom property that he purchased for $45,000, mainly for its location in Boca Chica, Texas, close to his SpaceX facility.

“It price like $45,000 or one thing,” Musk mentioned on the Full Send podcast, which aired late Thursday. “It’s totally small.”

The house is inside strolling distance of the ability the place SpaceX is engaged on constructing “an enormous rocket,” Musk added. He famous that he additionally has a Boxable tiny home in Boca Chica, which he makes use of as a visitor home for buddies who come to go to. 

Musk, who’s value an estimated $268 billion, has lengthy drawn consideration for his uncommon life-style, resembling a latest report that he had twins with of his top executives final yr, or roughly across the time he had a second youngster with the musician Grimes.

“Mates of mine come they usually cannot consider I am staying on this home,” Musk mentioned within the podcast. Requested if he likes staying there, Musk responded, “If I am there on my own, it is nice.”

The house was initially a two-bedroom property, however Musk mentioned he transformed the storage into a 3rd bed room. He added that he is attempting to vary the identify of the road from Weems Avenue to Meme Avenue.

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That $45,000 price ticket is extraordinarily low for a U.S. residence, with the median itemizing worth reaching $450,000 in June, in response to Realtor.com. Musk did not point out when the home was purchased, which may have occurred previous to the run-up in residence costs through the pandemic. 

One property at the moment on the market on Weems Avenue, a 1,000-square foot residence listed as a “fixer higher” for “SpaceX fanatics,” is listed for $375,000.

Musk hasn’t at all times lived in a modest residence. The billionaire reportedly held an actual property portfolio value $100 million at one level, though in 2020 he declared on Twitter that he was promoting his properties and vowed to “personal no home.”

In December, it was reported Musk was really residing in an Austin mansion owned by Ken Howery, in response to the Wall Street Journal. Howery, who co-founded PayPal together with Musk and others, purchased the 8,000-square-foot residence in 2018 for $12 million, when it was the most costly property in Austin, according to Forbes.

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