Elon Musk says he lives in this ‘very small’ $45,000 house – Best Life

Tesla and SpaceX mogul Elon Musk is currently ranked as the richest man in the world, and you won’t get there without a whole wallet. But this week he claimed his primary residence was not one of them and was in fact a “very small” property that cost less than $50,000. Read on to learn more about the house and area where the billionaire settled as well as his sleeping habits.


Musk, whose net worth is estimated at $268 billion, said on Thursday Full podcast upload that his primary residence is a three-bedroom home in Boca Chica, Texas, which he purchased for its proximity to SpaceX headquarters. “It cost about $45,000 or something,” Musk said on the podcast. “It’s very small.”

The house is within walking distance of the facility where SpaceX is working to build “a giant rocket,” Musk said.

Starbase Ship: Boca Chica, Texas |  United States

“Friends of mine come over and they can’t believe I’m staying in this house,” Musk said of their 800-900 square foot home, originally a two-bedroom that expanded to three when Musk converted the garage. He said he was trying to change the name of the street where the house is located from Weems Street to Meme Street.

Elon Musk small house for friends

Musk added that he also owns a small house in the same town, which he uses as a guesthouse. This structure, by Boxabl, cost around $50,000. The model, called Casitais billed by the company as 375 square feet, with eight-foot-tall windows and nine-and-a-half-foot ceilings.

Village of Boca Chica, Texas

Musk’s real estate status is in transition and not in the usual way for someone with his degree of upward mobility. According to reports, Musk’s real estate holdings were once estimated at $100 million. But in 2020 he pledged to sell most of his possessions, saying on Twitter that he was selling his properties and aiming to “own no homes”.

There was some confusion over Musk’s whereabouts and holdings last December. The the wall street journal reported that Musk lived in an Austin waterfront mansion owned by fellow billionaire Ken Howery (an 8,000-square-foot home once the most expensive property in town) and was looking for his own in the area . The two billionaires denied the information.

Tesla is building a $1.1 billion factory in Austin, where Tesla is now officially headquartered.

Woman on the bed before falling asleep looks at a smartphone

Also on the podcast, Musk touched on another trending topic: sleep schedules. The busy tycoon said he was “pretty nocturnal”, usually falling asleep around 3am and waking up six hours later at 9am or 9.30am. Musk admitted he had a “bad habit” of immediately checking his phone after waking up to see if any “emergencies are happening overnight”.

When you’re leading companies on selling Tesla and SpaceX, “there’s usually some sort of thing that happens overnight,” he said.

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