Saturday, April 27, 2024

Elon Musk is keeping investors' dreams of a Tesla robotaxi alive

elon musks 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." If you didn't even know there are houses available at that price, you might be wondering why Elon Musk of all people chooses to live in one and whether this might be some sort of trend coming from this visionary entrepreneur. It remains unclear whether Musk is renting any other houses in Austin, though. It’s also unknown if he stays with his girlfriend, 32-year-old singer Grimes (who lives in Austin) and their 10-month-old child, X AE A-XII. Musk has five other children with his first wife, Justine Wilson, but it’s unclear where they live. She first joined Future Plc as a News Writer across their interiors titles, including Livingetc and Real Homes, before becoming H&G's News Editor in April 2022.

House China committee demands Elon Musk open SpaceX Starshield internet to U.S. troops in Taiwan - CNBC

House China committee demands Elon Musk open SpaceX Starshield internet to U.S. troops in Taiwan.

Posted: Sat, 24 Feb 2024 08:00:00 GMT [source]

Sold December 22, 2020 for $29,719,000

Prior to Musk's purchase, the property had been in the aristocratic family for 150 years. The 1916 mansion sits on 47 acres, complete with a pool, hiking trails, canyons, and a reservoir, according to the Zillow listing. Tesla and SpaceX billionaire Elon Musk has been shedding multimillion-dollar properties left and right over the last year.

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'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... One of Musk’s distinct properties is the house once owned by the legendary actor Gene Wilder.

Elon Musk’s House : An inside look at all the houses owned by Elon Musk

Instead of maintaining a large property filled with goods, you only have to manage a small home and some essentials that make life enjoyable.

“My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. Now, a recent report by fan blog Teslarati and the New York Post reveals that said house is actually a foldable, prefabricated home made by Boxabl, a housing startup company. Boxabl makes 20 feet x 20 feet foldable houses, called “Boxable Casita,” set up like studio apartments. In November of 2021, the company said in a YouTube video that it had just built a Casita house for a “high-profile” and “top-secret” customer in Boca Chica. The house shown in the video had a poster of a SpaceX Falcon 9 rocket on the door. Musk’s venture into Bel-Air real estate began in late 2012 when he purchased his first piece.

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. That $45,000 price tag is extremely low for a U.S. home, with the median listing price reaching $450,000 in June, according to Realtor.com. Musk didn't mention when the house was bought, which could have occurred prior to the run-up in home prices during the pandemic. The home was originally a two-bedroom property, but Musk said he converted the garage into a third bedroom.

NASCAR Champ Tony Stewart relists sprawling Indiana ranch with fresh price tag of $22.5M

Since then, he has offloaded his multi-million dollar estate portfolio – including an eco-friendly futuristic home, and actor Gene Wilder's estate in California. Situated on 47 acres of land, Musk’s Hillsborough estate is a 100-year-old mansion boasting 9 bedrooms and 9.5 baths. The architectural layout includes hiking trails, canyons, a ballroom, and a reservoir, showcasing Musk’s appreciation for expansive and nature-integrated living spaces. Earlier this month, Musk tweeted that his primary residence now is a small rented house in Boca Chica, Texas, near SpaceX’s development and test site. Here's a better look at the poster on his wall, a print of which is currently listed on Posterazzi.com for $32.83.

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A few days after the June tweet where Musk said he only owns one house in the Bay Area, he put it up for sale. Elon Musk may seem like an unlikely source of small room ideas, but his current home optimizes just that. The billionaire revealed that his main residence is a $50K house that conveniently sits within walking distance of SpaceX's factory. However, despite its prime location, Elon shared that it was 'very small' in an interview for Fullsend podcast. From Texas to the west coast, these are the stand-out properties in Elon Musk's real estate history.

elon musks house

Musk and Howery didn’t respond to Forbes’ request for comment by the time of publication. A report by Forbes also celebrated the eco house for its sustainable qualities, including a dual tankless hot water system, dual-zone climate control, and irrigated drought-tolerant landscaping. The billionaire also shared that he had a 'small birthday party' there once.

MrBeast tested Elon Musk's theory and took home $250,000 - Yahoo Finance

MrBeast tested Elon Musk's theory and took home $250,000.

Posted: Tue, 30 Jan 2024 08:00:00 GMT [source]

Since then, the Tesla and SpaceX CEO has sold all of his mansions and moved into a $50,000 rental home in Boca Chica, Texas, where SpaceX’s development and testing site is located. 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. Musk lives in a Boxabl Casita, a 400-square-foot prefabricated and foldable home, so compact that a Tesla Model X luxury SUV can tow it.

In 2015, Musk told shareholders that Tesla cars would achieve "full autonomy" within three years. In 2016, Musk said a Tesla car would be able to make a cross-country drive without requiring any human intervention before the end of 2017. Tesla shares soared 13% in extended trading Tuesday after the earnings report, despite the disappointing results. Some of the optimism was tied to Tesla's announced plans to start production of new affordable electric vehicle models in "early 2025, if not late this year." "If somebody doesn't believe Tesla's going to solve autonomy, I think they should not be an investor in the company," Musk said on the earnings call.

Insider previously reported that a Boxabl pre-fabricated house called a "Casita" had been delivered to SpaceX. At the time, Musk denied living in the modular house, saying that he lives in a different small house in Texas. But in July 2022, he said on a podcast that he owns a Boxabl and uses it as a guest house. Musk has been steadily offloading a property portfolio worth millions, as Insider's Avery Hartman reported in November. It follows a pledge that he made in 2020 to sell the vast majority of his possessions.

In December, it was reported Musk was actually living in an Austin mansion owned by Ken Howery, according to the Wall Street Journal. Howery, who co-founded PayPal along with Musk and others, bought the 8,000-square-foot home in 2018 for $12 million, when it was the most expensive property in Austin, according to Forbes. 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. Before his real estate selling spree, Musk owned seven luxurious California homes worth a combined total of nearly $100 million. Worth approximately $50k, the 20×20 foot unit is similar to a small studio apartment consisting of one large room that has a living room, bedroom, kitchen and bathroom.

Privacy hedges surround the property, emphasizing both security and a connection with nature through floor-to-ceiling windows. Read on for everything you need to know about Elon Musk’s houses, and to learn how you could invest differently or approach the market with a new perspective. The world has been following Elon Musk’s professional activities for years. The billionaire put long-range batteries in electric cars for the first time, and increased the demand for green vehicles while allegedly pushing workplace safety boundaries to break records. 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 appear to be a handful of games. "No matter what, even if I got kidnapped by aliens tomorrow, Tesla will solve autonomy, maybe a little slower but it would solve autonomy for vehicles at least," Musk said.

If I sold it, the house would see less use, unless bought by a big family, which might happen someday,” Musk said on Twitter last month. Elon Musk reportedly sold the home in June 2020 for $29 million to Chinese billionaire William Ding. In the Full Send interview, Elon shared that he does own a prototype Boxabl Casita. So, I can just literally walk to the factory, it's half an hour away,' he says. By 2020, rumor had it that Musk was living in Austin, Texas, in a lake house owned by one of his friends.

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