Elon Musk Is Reportedly Living in a Prefab Tiny Home That Costs $50K

After selling most of his real estate portfolio over the last year (most recently, his San Francisco home for $37.5 million), Elon Musk has moved into a $50K home in Boca Chica, the Texas town otherwise known as Starbase, where Musk's SpaceX headquarters are located.

He announced the news earlier this month in a Tweet. "My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. It’s kinda awesome though," the SpaceX CEO writes. He adds, "only house I own is the events house in the Bay Area. If I sold it, the house would see less use, unless bought by a big family, which might happen some day."

The move appears to be part of Musk's plan to "own no house," which he declared in a Tweet in May of last year. In the tweet, he also writes that he would be “selling almost all [of his] physical possessions."

Despite Musk having been named the richest person in the world, according to fan-blog Teslarati and The New York Post the home referenced in the CEO's tweet is actually a 375-square-foot tiny home from Boxabl. Though this has yet to be officially confirmed, Boxabl hinted at the sale in a promotional video for the company posted in November. In the video, Galiano Tiramani, one of the founders of Boxabl, says "The [Boxabl] Casita I'm sitting in right now in Boca Chica, Texas, we just installed for a top-secret customer." While the founder didn't name anyone specific, he is seated in front of a door that appears to have a spaceship decal on it, leading many to wonder whether the detail was a hint. Teslarati also writes in a blog that they "recently received a tip noting that Elon Musk’s housing unit in Starbase, Texas is a Boxabl Casita."

Boxabl homes are foldable, portable homes that can be set up in a single day. The homes are arranged like most studio apartments and are equipped with a full kitchen, bathroom, and dual living and sleeping area. According to the site, the homes are "complete right out of the box." Looks like living like a CEO isn't too far out of reach after all!

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