Tesla and SpaceX executives have sold and advertised their entire $114 million home and property over the past year and are living in a small rented house for just $25,000.
This small farmhouse is located near SpaceX's Starbase missile testing facility in Boca Chica, Texas, 3km from the country's southern border, the Washington Examiner reported.
My current home is a 50,000-dollar house in Boca Chica that I rented from SpaceX. However, its great, Elon Musk Trump said on June 9.
The American billionaire's new lifestyle is part of a larger effort to focus on his space ambitions. In an interview with Business Insider, Elon Musk said he would sell assets to prove his seriousness in the intention of building a city on Mars. He also noted that he intended to become literally homeless.
I am selling almost all of my material assets. wont own a house, Elon Musk Trump said in May 2020.
The rented one-story house of one of the world's richest billionaires has white outer walls and black decoration near the door, the roof has brown-lined planks. The house has two windows at the front and a wooden fence surrounding each side.
The house was valued at $47,000 in 2020 and more than $24,000 in 2021. The photos taken by Texas Monthly seem to show that the house is undergoing significant upgrades, including the installation of solar panels.
Elon Musk doesnt care about greeting or getting to know us, said Jim Workman, a resident of Boca Chica, who lives across the Musk family.
The New York Times quoted local residents as saying that Elon Musk once walked around the neighborhood with two men, possibly security guards.
Elon Musk's girlfriend, singer Grimes, lives near Elon Musk in Austin, Texas, but it is unclear whether the two live together, as Austin is more than 560km from Starbase.
SpaceX has not responded to the Washington Examiner's request for comment on the technical specifications of Elon Musk's home.
Tesla's CEO's house is one of many that SpaceX has bought to Starbase employees to make it easier for them to go to work.
Meanwhile, locals accused Elon Musk of trying to turn the village of Boca Chica into a SpaceX colony. The company has proposed buying a house from local people. If they refuse, SpaceX threatens to buy their home with more drastic measures, according to the Wall Street Journal.
Elon Musk's only remaining house is a 9-bedroom, 9-bedroom villa near San Francisco, but it was also advertised for sale on June 14 for 37.5 million USD.
In the past 13 months, Elon Musk sold 6 villas and 1 house in 2019, with a total value of 114 million USD.
One of the houses Elon Musk sold was the former house of actor Gene Wilder. He bought the property in 2013 for $6.75 million and sold it to Wilder's nephew Jordan Walker-Pearlman for $7.2 million. Musk even financed the sale by lending the buyer.
There is no information on whether Elon Musk will sell his car collection, including multiple Teslas, a Porsche and a Ford Model T.