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Elon Musk denies report he’s living in $12M Austin estate

admin by admin
December 23, 2021
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Elon Musk denies report he’s living in $12M Austin estate
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Elon Musk has hit out at a report that he’s secretly dwelling in a $12 million property in Austin, regardless of his claims that he lives in a barebones $50,000 rental house close to his SpaceX’s website in Boca Chica, Texas.

The CEO of Tesla and SpaceX denied the report by The Wall Road Journal, telling Business Insider on Thursday: “The WSJ article is fake. I don’t stay there and am not seeking to purchase a home wherever.”

The Journal wrote Wednesday that for the previous yr, Musk has been spending no less than a part of his time within the lavish waterfront property owned by his fellow PayPal alum Ken Howery, who can be the previous US ambassador to Sweden within the Trump administration.

The information comes after Musk famously declared final yr that he would “own no house” and brashly went on to unload his nine California mansions for a complete of $144 million.

“My major house is actually a ~50k home in Boca Chica/Starbase that I lease from SpaceX,” he wrote in a June tweet. Public data certainly present that Musk is registered to vote at a house inbuilt 1971 that his spacecraft firm SpaceX owns, in response to The Journal.

Mansion.
Ken Howery’s mansion spans 8,000 sq. ft with a pool, a jacuzzi, and a personal boat slip.
Zillow

However sources instructed The Journal that Musk and Howery have been pals for many years and Musk had been staying in Howery’s house for a few yr whereas Howery travels the world and participates in “extreme-weather” occasions, like “chasing tornadoes.”

After the report was revealed, Howery instructed the Journal in a textual content message: “Elon doesn’t stay at my house, he lives in South Texas. He stayed on the home as my visitor sometimes when touring to Austin.”

Howery’s “home” spans 8,000 sq. ft in an unique Austin district close to Mount Bonnell, a preferred mountaineering vacation spot for vacationers and locals with breathtaking views of town and Hill Nation. The property has a pool, a jacuzzi, a personal boat slip, and is gated, in response to the report. It bought for $12 million in 2018.

Elon Musk.
Elon Musk not too long ago bought off his 9 California mansions for a complete of $144 million.
Theo Wargo/Getty Photographs for TIME
Tweet.
Elon Musk tweeted in June that his major residence is a $50,000 rental close to House X’s headquarters.
Twitter

Sources additionally instructed The Journal that Musk and his crew have employed a number of actual property brokers to search out him a house and that the multi-billionaire had expressed curiosity within the house of the famed Texas jewellery designer Kendra Scott.

Scott was reportedly open to a deal however nothing materialized after Musk missed appointments to view the property, the outlet mentioned.

Along with declaring final yr that he would “personal no home,” Musk additionally mentioned he was “promoting virtually all bodily possessions.”

A model layout of a Boxabl Casita.
A rendering of Elon Musk’s $50,000 rental home in Boca Chica, Texas.
Boxabl

The daring assertion has added to Musk’s attract. When the CEO was named Time magazine’s Person of the Year final week, the function on him included the road: “the richest man on the planet doesn’t personal a home.”



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