The billionaire CEO doesn't want to own a house because "possessions kind of weigh you down," so he's selling seven homes in Bel Air and Hillsborough. If accurate, this would be one of the first homes Elon purchased in the area after his main house, indicating that he had dreams to build his dream home for five years. There's a double farmhouse sink with two brass faucets, cabinets that stretch from one wall to the next and a rolling ladder to access the highest cabinets. Musk sold the mansion last year as part of his plan to off-load his belongings to fund colonizing Mars. Musk is currently the owner of 5 multi-million dollar mansion in Bel-Air. Musks Casita, which has reportedly received an upgrade package putting its total cost a few thousand dollars over the list price of $49,500, is set to be the first of many produced by Boxabl. Ever since he moved to acquire Twitter for $44 . Elon Musk has hit out at a report that he's secretly living in a $12 million estate in Austin, despite his claims that he lives in a barebones $50,000 rental home near his SpaceX's site in Boca . Because they are so close, the tech mogul has his own massive compound of living space in an extremely private location in the foothills of the Santa Monica Mountains. Elon Musk Actually Lives in a Texas Mansion, Your Privacy Choices: Opt Out of Sale/Targeted Ads. The mansion last sold for more than $12 million in 2018, breaking a record for Austin, but would now be worth several times that in the city's booming real estate market, experts say. Records say this four-bedroom, 3,000-square-foot ranch sold for $4.3 million in 2015. Kraken Robotics Inc. pushes boundaries in underwater exploration with advanced imaging solutions. The South African-born entrepreneur is seeking $62.5 million for four homes in Los Angeless swanky Bel-Air neighborhood, according to a recent Zillow listingdescribing the plots as a project for the big thinker with one of the best views in Los Angeles.. 'Why would you put a friend (on the board) if the idea of the two independent directors were to be objective,' Elson said. Musk tweeted that Wilder's old house "cannot be torn down or lose any of its soul" by the buyer. Out of the 13.8 million shares sold by the colorful CEO, 8.4 million were sold to pay taxes related to his options exercise, Tesla's securities filings reveal. Musk is worth an estimated $36.1 billion, according to Forbes, so he could have bought the whole neighborhood if he felt like it. But Musk soon hit back, writing 'Stop projecting', and dubbing the politician and former law professor 'Senator Karen'. So, why is Musk's home search so secretive? According to records obtained by the WSJ, Space Exploration Technologies Corp. owns this property. Advertisement Bank Earnings. For the time being, Musk continues to own four other Bel Air properties hed like to sell, each one done up in wildly divergent architectural styles and ranging in price from about $5 million to well north of $20 million. BILLIONAIRE Elon Musk has finally sold the last home he owns as he raises fund to build a colony on Mars. Again, these interior shots are older photos. The panels are invisible when viewed from the street, yet are fully exposed to the sun. Source- Variety, Sotheby's International Realty. He stayed at the house as my guest occasionally when traveling to Austin', Musk, one of the world's richest men, had reportedly been living in a tiny prefab house by the company Boxabl on the SpaceX site in Texas, according to reports (Pictured: A Boxabl Casita similar to the one Musk is said to be renting), Warren tweeted last Monday: 'Let's change the rigged tax code so The Person of the Year will actually pay taxes and stop freeloading off everyone else.'. The 16,000-square-foot . Musk's San Francisco residence was the final home he sold last year after he vowed to sell all of his belongings to fund a colony on Mars. In recent months, Elon Musk has claimed that the only home he lives in is a $50,000 pad in Texas, after selling the remainder of his vast real . The 10 most expensive reported home sales in Hayward the week of Feb. 20, Winds shred tarp, leave historic San Jose building exposed to elements, Alameda County supervisors allow eviction moratorium to remain until end of April, Exactly what I needed: Los Gatos teachers move into affordable units. The billionaire CEO previously announced that he had systematically sold off. A few days later, he listed four mansions in the Los Angeles area up for sale for a total of $137 million. Now Musk is reportedly on the cusp of parting with the last piece of property in his portfolio: A San Francisco-area mansion that was last listed for $32 million. ', Page continued: 'He'll email and say, 'I don't know where to stay tonight. Situated on the hilltop 1.66-acre plot in Los Angeles' Bel Air enclave, Musk had been renting this mansion for three years. Elon Musk has said he is living in a 375-square-foot modular home made by the company Boxabl, according to the Musk fan blog Teslarati and the Houston Chronicle. A portion of Elon Musks wealth seems to be invested in real estate as the Tesla (TSLA) and SpaceX CEO has reportedly spent about $100 million on a series of homes in California since 2012. Underwater Atomic Bomb test, 1946. We've received your submission. In December 2018, Ellison, the founder of Oracle, was appointed to the board of Tesla. Photos: Modest 1,300-square-foot San Jose home sells for $2 million despite Bay Areas falling home prices At about the same time, he dropped another $4.3 million to acquire a modest and woefully dated 2,963-square-foot ranch-style house on a high ridge directly above the newly acquired $20 million residence. Last-Noise208 . Elon Musk | House Tour 2020 | 7 Multi Million Dollar MansionsSUBSCRIBE: https://bit.ly/2Cgqr0lLike and Subscribe if you enjoyed the video!Elon Musk is workin. Why should I believe you, as opposed to my friend Elon? The total cost he has spent on his luxurious mansions adds up to $72 million. The 48-year . In May, the billionaire Tesla and SpaceX CEO tweeted that he would be "selling almost all physical possessions. Musk purchased this home for $17 million in January 2013 after renting it for three years. Initially listed for a whopping $37,500,000, the sprawling home finally sold in December 2021 for $30 million after undergoing a 15% price cut which brought the asking price down a peg, to $31.99 million. If I travel to the Bay Area, which is where most of Teslas engineering is, I basically rotate through friends spare bedrooms. 'I am selling almost all physical possessions. Is Mark Cuban married? Sign up for the 10 Things in Tech daily newsletter. 'I sold enough stock to get to around 10% plus the option exercise stuff and I tried to be extremely literal here,' he said in an interview on Tuesday with conservative satirical website Babylon Bee. Access your favorite topics in a personalized feed while you're on the go. The billionaire is known to be close to Ellison. BBC News - Twitter CEO Elon Musk defends Dilbert creator's racist tirade https: . If I sold it, the house would see less use, unless bought by a big family, which might happen some day.'. Mayfair Mansion in Receivership Sells for More Than 50 Million. In July 2015, Elon Musk paid $20 million for a 7,026-square-foot modern house on 3.41 acres that is not next door, but rather a couple of doors down from the $17 million mansion he bought (the one in the red oval). It features five bedrooms, five bathrooms, and a luxurious pool in the backyard. ', He went on to criticize those who write stories that are critical of Musk saying: 'I loved all the articles about how Elon doesnt know what he is doing, the pictures of him smoking dope. Homeless billionaire Elon Musk was pictured outside of one of close friend Larry Ellison's Malibu mansions on Thursday. . Still, the Casita costs significantly less than the average manufactured home, and, in fact, less than a Tesla. Previously:Tesla CEO Elon Musk sells $1.1 billion in Tesla shares to pay taxes According to Travis Central Appraisal District property records, the owner of the mansion is Edge Trust U/A/D, and it . Musk's newborn son, which he named X A-12 (pronounced "X Ash A Twelve") will soon have to occupy a crib in another multimillion-dollar rental. The Prestigious school where Princes William and Harry were educated is EPHRAIM HARDCASTLE: Prince William's potentially awkward visit to homelessness charity. Will own no house." FILE: Elon Musk attends . Somecriticssay Musk's plans resemble an interplanetary form of indentured servitude. Musk's home gym is surely much, much nicer than this. Possession just weigh you down. Musk bought the home in 2017 for $23.4 million, according to public records. In October 2013, Musk paid $6.75 million for the 2,756-square-foot for a ranch-style residence directly across the street from the mansion he previously bought (the one in the lime green circle on the map). Out front, the house includes a motor court with a five-car garage. By clicking Sign up, you agree to receive marketing emails from Insider He said: 'For sure, it would be very problematic if I was spending billions of dollars a year in personal consumption, but that is not the case, Musk,X A-12 and an unidentified man pictured outside of Ellison's home. RealNiceThere656 . Elon Musk's personal wealth is now $222 billion, widening his gap as the richest person in the world according to Bloomberg's Billionaires Index. It comprises enough green space to make the lavish mansion look pleasant and breezy. Under the Rule 10b5-1 trading plan set up in September, he has exercised stock options that expire next year and sold a portion of the stocks to pay taxes, according to Tesla filings. SIZE: 2,756 square feet, 5 bedrooms, 4.5 bathrooms plus guest cottage The house was built in 1951. The dining room is also very spacious with the capacity to hold a party of more than 30 people (and that's just the presumption made based on the photo provided). Interestingly, the new owner is an LLC whose sole manager is Elizabeth Hunter, a Hollywood screenwriter and TV producer (Empire, Charmed, The L Word) who has long lived in L.A.s Silver Lake neighborhood. It was built in the 1960s and has apparently not been renovated since, 955 Somera Road, sold in December for $4,443,000. All rights reserved. At the time of writing, Musk is still in the midst of a legal battle with Twitter after he pulled out of his $44 billion acquisition of the social media giant at the 11th hour. Let's take a tour: Elon Musk has made the 17-million-worth mansion his main residency ever since he bought in late 2012, early January 2013 (the one in the biggest circle on the right). This appears to have been updated, as it features a modern black marble pedestal sink. According to the listing, the entire $62.5 million multi-mansion property is "a project for the big thinker, designed to showcase one of the best views in Los Angeles.". The companys new headquarters in Las Vegas will soon be producing the units en masse for shipment all over the United States. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Howery's property last sold in 2018, for $12 million, but it is not clear if Musk has ever paid Howery to stay here. The report did not indicate which home is Musks primary residence. Elon Musk - Underwater Bond cars and thousand-bottle wine cellar. Four months ago, Musk sold his largest Bel Air mansion to Chinese billionaire William Ding Lei for $29 million in cash. When Bloomberg visited Elon Musk's mansion in 2013, it's noticeable that the Tesla CEO added some personal touches to various rooms.One of his living rooms is decorated with an L-shape leather sofa, a couch which was covered with a mink throw blanket. Rogan asked Musk if he had a "moment of realization" about wanting to ditch all of his possessions. All that Tesla work must have dragged him away from his dream. Musk also sold this Somera Road house for $4.4 million. In a 2015 interview with Vogue, the . Tech billionaire Elon Musk has hauled in a combined $62 million for four nearby homes in Bel-Air. Musk bought the house in 2017 for just over $23 million from Christian de Guigne IV. After listing all six of his Bel Air estates earlier this year to much fanfare, the Tesla and SpaceX tycoon is proving the naysayers wrong, slowly but surely unloading each of the properties. Musk responded to her criticism by saying that he 'will pay more taxes than any American in history this year'. Now that he's selling all of his homes, Musk may rent for the rest of his life. Elon Musk slashed $5.5 million from the price of his historic 16,000-square-foot mansion in Silicon Valley, relisting it for $31.99 million. It cannot be torn down or lose any its soul. The mansion was built in 1990 and has nearly floor-to-ceiling windows in the dining area. Tesla CEO Elon Musk has sold his Hillsborough mansion . This 16,251-squarefoot mansion features six bedrooms, 11 bathrooms, a two-story library, swimming pool, and a tennis court, 10911 Chalon Road, sold in June for $29,000,000. It has nice crown molding around the ceilings. On Sunday, Musk announced on Twitter that he would pay more than $11 billion in taxes this year. Sign up for notifications from Insider! SpaceX founder and Tesla CEO Elon Musk has sold a sprawling Los Angeles mansion for $29 million making an initial step toward a pledge to rid himself of his earthly possessions. We're sure that technology will be visible on all his homes sometime soon. He reasoned that if he bought them up, he could then start building a house, which he never did. Elon Musk brought his new lifesaving mini-submarine to Thailand to help save 13 people trapped inside a cave, but rescuers didn't use it. Musk said on Wednesday he was 'almost done' with his stock sales after selling over $14 billion worth for more than one month. The warm brown tone gives the space a cozy feel. Musk, the richest man in the world, is worth about $240 billion on paper, but much of that is in his Tesla stock holdings. Nestled in a cul-de-sac, the Bel Air house has four bedrooms and two and a half bathrooms. Key Takeaways. From his interview with Rogan, this house in Bel Air appears to be Musk's main house. She is said to have left the manager at Tiffany's in San Francisco $200,000 in her will and donated her collection of designer clothing to the museums of San Francisco. "Yeah," Musk replied. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. About Us; Staff; Camps; Scuba. The 16,000-square-foot mansion sits on 47 acres and has a pool, hiking trails, and space for 11 cars. In the past month he has been exercising those options, as well as selling off stock at a furious pace. Elon Musk, via Reuters. The Wild Boar began underwater tests in a swimming . A new Wall Street Journal report claims Musk has been staying at a multi-million-dollar mansion in Austin despite claiming a $50,000 primary residence in Boca Chica, Texas. 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