Elon Musk says he’s moved out of his tiny prefab home and instead lives in a ‘very small’ $45,000 property in South Texas | Today Headlines

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Elon Musk says his new home is half a mile from the SpaceX factory in South Texas.Patrick Pleul/photo alliance via Getty Images

  • Elon Musk says he moved from his tiny prefab home to a “very tiny” 3-bedroom house.

  • The billionaire told the Full Send podcast hosts that he used his previous small house as a guest house.

  • The new property and its former home are located in Boca Chica, Texas.

Elon Musk says he moved into a “very small” 3-bedroom house, worth $45,000 and located in Boca Chica, South Texas.

Musk said in a Friday episode of The Full Send podcast that while he doesn’t have a “primary residence,” he remains in the 800-900 square foot home.

“My friends come and stay and they can’t believe I say this house,” he said.

The billionaire told podcast host Kyle Forgeard that the South Texas home was “technically a three-bedroom, but it was a two-bedroom” until he converted the garage.

Musk said he was half a mile from SpaceX’s rocket factory in South Texas, which he can walk to.

Representatives for Musk did not immediately respond to Insider’s request for comment made outside of normal working hours.

The billionaire is known for living in tiny homes, some even costing less than the Tesla he drives.

His former residence was a small prefabricated house also located in Boca Chica. It is believed to have been made by the Las Vegas company, Boxabl.

He said in June 2021 that he was renting the property for $50,000 from SpaceX. The 375 square foot house 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,” referring to his old property, which he now uses as a guesthouse for friends.

Musk has regularly unloaded a real estate portfolio worth millions, as Avery Hartman of Insider reported in November. This follows a promise he made in 2020 to sell the vast majority of his possessions.

Read the original article on Business Insider

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