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Elon Musk Sells His Last Home For $37.5 Million

Anelis May by Anelis May
4 years ago
in Hot News
elon musk home is sold

Picture source: CNN.com

SpaceX and Tesla CEO Elon Musk has decided to sell his last home, which is located on Crystal Springs Road, California. The price of Elon Musk’s luxury home is $37.5 million.

Musk’s luxury house has an area of ​​47 hectares, equipped with 10 bathrooms, 10 bedrooms, a swimming pool, and a ballroom. Previously, Musk bought the house for 23.3 million US dollars in 2017.

According to a Vanity Fair report, Elon Musk had previously sold seven homes in California for a total price of $137 million. Musk sold his first and largest home in June 2020 for $29 million to Chinese billionaire William Ding.

Where Does Elon Musk Live Now?

Elon Musk currently lives in Boca Chica, Texas, close to SpaceX’s headquarters. The house that Musk lives in is one of many that SpaceX has purchased for Starbase employees. It’s in order to make their commute to work easier. Musk also paid the rent of 50 thousand US dollars.

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Musk’s one-story house has white exterior walls and has two windows at the front and is flanked by wooden railings on each side. The property’s price is $47 thousand in 2020 and just over 154,000 in 2021.

“(Musk) didn’t really make an effort to say hello or get to know us,” said Jim Workman, a resident of Boca Chica, who lives opposite Musk’s house. quoted by the Washington Examiner.

According to several British media reports, the reason Elon Musk sold his house was not just a family affair and wanting to live a minimalist style. But to reduce public criticism of his wealth.

The Daily Star even reported that Musk sold all of his possessions, including the house to fund a human mission to live on Mars with SpaceX by 2050.

 

Read now: Get to Know Elon Musk’s Favorite Crypto: Dogecoin

Tags: Elon MuskMillionairepropertyproperty business
Anelis May

Anelis May

I love all types of content. Financial news is my specialty though. Full time writer about Financial news, economics, market trends, politics enthusiast and more.

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