Elon Musk lives in a “very small” $45,000 3-bedroom house.
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Elon Musk says he has moved out of his prefab tiny home into a “very small” 3-bedroom house.
The billionaire told the Full Send podcast hosts he uses his previous tiny home as a guesthouse.
Both the new property and his previous home are located in Boca Chica, Texas.
Elon Musk says his main residence is a “very small” 3-bedroom house worth $45,000. It was located in Boca Chica, South Texas.
Musk said on a Friday episode of The Full Send podcast that although he doesn’t have a “main residence,” he now primarily lives in the 800-900 square foot house.
“My friends come and stay and they can’t believe I’m saying this house,” he said.
The billionaire told podcast host, Kyle Forgeard, that the South Texas home was “technically a three-bedroom but it used to be a two-bedroom” until he converted the garage.
Musk said it was half a mile away from SpaceX’s South Texas rocket factory, which he can walk to.
Representatives for Musk did not immediately respond to Insider’s request for comment made outside normal working hours.
The billionaire is known for living in small houses, some even costing less than the Tesla he drives.
His old residence was a prefab tiny home, also located in Boca Chica. It was made by Las Vegas company, Boxabl.
He tweeted in June 2021 that he was living out of a $50,000 tiny unit that he rented from SpaceX. The 375-square-foot tiny home could also be towed from place to place.
Musk said on the podcast that the new house he “bought actually costs less than a Boxabl,” which he said he was now using as a guesthouse for friends.
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.