Elon Musk, World’s Second Richest Man, Says He Lives in a Tiny $50,000 Home

by Emily Morgan

Elon Musk, the world’s second-richest man, recently confessed in a tweet that he rented a $50,000 home.

On Thursday, the Tesla CEO wrote a now-viral tweet that described his current housing situation. In response to a tweet showcasing a prefabricated home by the housing startup company, Boxabl, Musk wrote, “I do live in a $50k house, but not this specific one.”

Last week, a media company that follows all things Tesla and Elon Musk reported that it had learned that Musk’s home was a Boxabl Casita. The residence is described as a 375-square-foot house with a kitchen, a bedroom, and a bathroom. The price? A cool $49,500. That’s chump change for Musk, whose net worth is reported to be around $185 billion.

Tesla CEO Confirms Tiny Home Rumor

In November, Boxabl posted a video of a unit under construction in Boca Chica, Texas. The home was reportedly for a “top-secret customer,” according to the company. When fans realized there was a poster of a Falcon 9 on its door, Musk’s name definitely came up. Falcon 9 was a partially reusable rocket built by SpaceX.

On Sunday, the YouTuber known as Meet Kevin also tweeted that he’d asked Boxabl CEO whether Elon Musk currently lives in a Boxabl house. The CEO replied cryptically with, “Can’t say.”

Boxabl’s official handle later retweeted Meet Kevin’s post with a wink-wink reply, “No comment.”Boxabl, which is based in Las Vegas, produces prefabricated, 380-square-foot, foldable houses for customers. According to its website, it creates homes that can be delivered in a box and set up in a day.

He’s also made good on his promise to “own no house.” He made the comment back in May of 2020. Outlets reported that five of Musk’s homes were on Zillow after he tweetd. Towards the end of 2020, the Los Angeles Times reported that he had sold three of his mansions in the prestigious Bel Air neighborhood for a combined total of $40.9 million.

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In June, the billionaire also said that he had one house left. At the time, he also said that he rented the San Francisco home out for events and was eager to sell. It “needs to go to a large family who will live there. He added, that to him, “it’s a special place.”

In other Elon Musk news, a man went viral when he pretended that his Tesla had a broken steering wheel. He posted a video via TikTok, claiming he had just purchased the vehicle. Ricco Kimbrough apologized to Musk and also confessed that the video was fake.

“This video is for Elon Musk. I love your product, sir, I do, I love your product.”

He added: “I had no idea, and I’m sorry from the bottom of my heart. I had no idea that I was not supposed to get into that vehicle because it was not locked at all. I just want to say, I apologize,” he said.