Sunday, April 28, 2024

Rare Photo Shows Inside of Elon Musk's $50,000 House

elon musk house

In addition, Mr. Musk has not presented much of a plan to restore the company’s momentum. After The Wall Street Journal published its report, Musk denied it, according to Business Insider. "The WSJ article is false. I don't live there and am not looking to buy a house anywhere," Musk told Business Insider in an email. The home was originally a two-bedroom property, but Musk said he converted the garage into a third bedroom. He added that he's trying to change the name of the street from Weems Street to Meme Street. Recently, Howery has been traveling the world, leaving his house empty for Musk’s use, the Wall Street Journal reported.

U.S. prosecutors reportedly probing Tesla CEO Elon Musk’s glass house - Fortune

U.S. prosecutors reportedly probing Tesla CEO Elon Musk’s glass house.

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

San Francisco’s real estate market is quietly crashing -- and it seems like no one is trying to solve it

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. Musk's current accommodations appear to be less ostentatious than some of his previous houses, where the billionaire had been known to host lavish parties, including a Gatsby-themed event. In 2020, Kanye West, one of Musk's longtime acquaintances, shared a photo from inside one of Musk's houses. The photo showed the two men in what appeared to be a large room in front of a glass wall that encased a life-sized replica of a robot.

Single and multistory houses, multifamily and residential buildings, disaster relief,

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. As noted in Money and The Real Deal, he bought four other mansions in the same zip code for $72 million combined, and sold them for a slight profit to luxury real estate developer Ardie Tavangarian.

elon musk house

BOXABL is building the largest house factory in the world

Elon Musk reportedly sold the home in June 2020 for $29 million to Chinese billionaire William Ding. Elon also shared that he had converted the space into a three-bedroom home after converting the garage into a third bedroom. 'It used to be a two-bedroom, but I converted the garage into a third bedroom,' and if he is by himself, he finds it is 'fine' to live in. 'When friends come to stay in it, they can't believe I live in this house... From Texas to the west coast, these are the stand-out properties in Elon Musk's real estate history. One of Musk’s distinct properties is the house once owned by the legendary actor Gene Wilder.

Overall, Musk has made an estimated profit of $19.2 million on his six home sales over the past year. The uncharacteristic modesty of Elon Musk's $50,000 home is shocking for several reasons, but the public can't help but note that this tiny home costs less than most of his Tesla models. And lest you think a trip to Mars is too expensive for most people, Musk has said he intends for there to be "loans available for those who don't have money" and jobs on the red planet for colonists to pay off their debts.

See inside Elon Musk’s $50,000 house, thanks to this rare photo posted by his biographer

Texas glass house is not for Elon Musk, X owner says - mySA

Texas glass house is not for Elon Musk, X owner says.

Posted: Tue, 05 Sep 2023 07:00:00 GMT [source]

The newspaper also reported that Musk may be looking for his own property in the region and has had several real estate agents show him Austin-area houses for sale. The report said he has shown interest in several houses, including a custom mansion owned by Austin-based jewelry designer Kendra Scott, although Scott declined to comment to the Journal. If you’re looking for the world’s third richest person, you won’t find him living among the billionaires. The backyard has a beautiful pool, a spacious tennis court, and a picturesque view of the exclusive Bel-Air Country Club. Now, after almost a year of emptying his material baggage, it has all come down to one gigantic 100-year-old mansion near San Jose. The Hillsborough estate is built on 47 acres of land, with 9 bedrooms, 9.5 baths, and just about anything you could dream of including hiking trails, canyons, a big ballroom, and a reservoir!

Musk sold his last house for $30 million in 2021 after he said he'd begun renting a house in Texas from SpaceX that cost $50,000. After selling much of his real estate portfolio in the past year and listing his final property earlier this month to focus on his mission to Mars, the Tesla and SpaceX CEO is taking the phrase “Live below your means” to another level. Musk announced publicly last year that he was selling almost all of his physical possessions to simplify his life and would own no property or houses, and he's been selling properties since. Boxabl makes 20 feet x 20 feet foldable houses, called “Boxable Casita,” set up like studio apartments.

elon musk house

The tiny home is the size of a studio apartment

Tesla and SpaceX billionaire Elon Musk has been shedding multimillion-dollar properties left and right over the last year. 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.

It follows a pledge that he made in 2020 to sell the vast majority of his possessions. Musk began unloading his real estate portfolio last summer after revealing he would give up all tangible assets to focus on his mission to Mars. The Wall Street Journal reported Wednesday that Musk is staying at the $17.9 million mansion that belongs to Ken Howery, PayPal cofounder and former U.S. ambassador to Sweden. The paper said Musk was interested in buying jewelry designer Kendra Scott's home, but missed appointments to see the house.

"Traveling one million miles would get Elon Musk 1/34 of the way to Mars, even at its closest point in orbit. One billion would get you there 29 times, but this is just one billion. Musk's current 176 billion in miles would be 5,104 trips." His impressive entrepreneurship and business ventures made him one of the richest men in the world. But despite his incredible wealth, according to the UK's Independent, Musk is living in a house that is worth a modest $50,000. For Musk, getting rid of pricey real estate and Earthly possessions is all part of a grand plan for humanity to eventually colonize Mars, he told Insider in December. The SpaceX founder told Mathias Döpfner, the CEO of Insider's parent company, Axel Springer, that he wants to have as much capital available as possible for a mission to the red planet.

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. 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.

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