• Home
  • News
  • Entertainment
  • LAD Originals

U OK M8?
Free To Be
Extinct
Citizen Reef

To make sure you never miss out on your favourite NEW stories, we're happy to send you some reminders

Click 'OK' then 'Allow' to enable notifications

Not now
OK
Advert

Elon Musk Officially Owns No Homes

Published 
| Last updated 

Elon Musk Officially Owns No Homes

Elon Musk officially owns no homes after it has been reported he has sold his Silicon Valley estate for $30 million (£23 million).

The second richest man in the world sold his 16,000 square-foot mansion for $7.5 million (£5.7 million) less than the asking price of $37.5 million (£28.3 million), the Daily Mail has reported.

The 47-acre property south of San Francisco was his 'last remaining house' and it features seven bedrooms, seven bathrooms, a music room, grand ballroom, and a cocktail room.

Credit: Realtor.com
Credit: Realtor.com
Advert
Zillow.com
Zillow.com

The home had to be listed three times before finding a buyer.

According to one of the listings, "the dining room and music room can now be combined into one space with a hydraulic lift wall that disappears when needed."

Credit: Zillow.com
Credit: Zillow.com
Advert

Musk, 50, who's net worth is $151 billion (£114 billion) currently rents a home worth $50,000 (£37,790) in Boca Chica, Texas, near his Space Exploration Technologies Corp. Starbase rocket manufacturing plant.

After moving there last year, he tweeted: "My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX.

"It's kinda awesome though."

The foldable property is made by a company called Boxabl, and the mini house is its Casita model. 

Advert
He now reportedly lives in a tiny prefab house on the SpaceX site in Texas. Credit: Boxabl
He now reportedly lives in a tiny prefab house on the SpaceX site in Texas. Credit: Boxabl
Credit: Boxabl
Credit: Boxabl

The 20x20 units can be purchased on the company's website for $49,500 (£35,530) or as little as $250 (£180) per month and are potentially an option to solve the country's housing crisis.

The homes can be constructed in less than a day.

Advert

Last year, in a bit of a bizarre Twitter rant, he wrote: "I am selling almost all physical possessions.

"Will own no home."

Also on The Joe Rogan Experience last May, he added: "I think possessions kinda weigh you down.

Credit: Boxabl
Credit: Boxabl
Advert

"And they're kind of an attack vector. People say, 'Hey, billionaire, you got all this stuff.'

"Well, now I don't have the stuff — now what are you gonna do?"

More recently, the billionaire sparked a big debate on Twitter after saying that a law should be introduced blocking people from running for political office once they hit a certain age. 

The billionaire tweeted: “Let's set an age limit after which you can't run for political office, perhaps a number just below 70."

And it seems as though others are onboard with the idea, one follower wrote: “If we have a minimum age limit, then we should most definitely have a maximum age limit.”

A third replied: "Absolutely, 100% agree! I have been saying the exact thing."

Someone else said: “Perhaps set it somewhere close to 50, I feel like people over that age are too disconnected to the current times, so they don't really understand the problems of our current society.”

Featured Image Credit: Alamy

Topics: Elon Musk

Anish Vij
More like this
Advert
Advert
Advert

Chosen for YouChosen for You

Community

Dad Who Built 'Cheeky' £1 Million Castle Forced To Demolish It

8 hours ago

Most Read StoriesMost Read

News

Hocus Pocus 2 Trailer Has Just Dropped

2 days ago