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

Elon Musk, the world’s wealthiest particular person, mentioned his fundamental 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 Ship 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 house in Boca Chica, which he makes use of as a visitor home for pals who come to go to. 

Musk, who’s value an estimated $268 billion, has lengthy drawn consideration for his uncommon way of life, similar to a current report that he had twins with of his prime executives final 12 months, or roughly across the time he had a second little one with the musician Grimes.

“Mates of mine come and so they 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 positive.”

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 making an attempt to alter the title of the road from Weems Road to Meme Road.

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That $45,000 price ticket is extraordinarily low for a U.S. house, with the median itemizing value reaching $450,000 in June, based on Musk did not point out when the home was purchased, which may have occurred previous to the run-up in house costs throughout the pandemic. 

One property presently on the market on Weems Road, a 1,000-square foot house listed as a “fixer higher” for “SpaceX lovers,” is listed for $375,000.

Musk hasn’t at all times lived in a modest house. 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 truly residing in an Austin mansion owned by Ken Howery, based on the Wall Road Journal. Howery, who co-founded PayPal together with Musk and others, purchased the 8,000-square-foot house in 2018 for $12 million, when it was the costliest property in Austin, based on Forbes.

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