Story at a glance

  • Elon Musk last month said his primary home is a $50,000 house that he rents from his private rocket company SpaceX.
  • Teslarati, a website that follows Tesla news, reported recently that Musk’s Starbase home was a roughly 400-square-foot prefabricated home manufactured by housing startup Boxabl.
  • “I do live in a $50k house, but not this specific one,” Musk said in response to a tweet showing a prefabricated home from Boxabl.

The world’s second-richest man is living in a rented home that costs about $50,000. 

Elon Musk last month said his primary home is a $50,000 house in Boca Chica, Texas, that he rents from his private rocket company SpaceX. SpaceX operates a launch facility in the small south Texas town and refers to it as Starbase. 

“Only house I own is the events house in the Bay Area. If I sold it, the house would see less use, unless bought by a big family, which might happen some day,” Musk tweeted

Teslarati, a website that follows Tesla news, reported recently that Musk’s Starbase home was a roughly 400-square-foot prefabricated home manufactured by housing startup Boxabl, which specializes in easy to construct housing modules. 


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On Thursday, Musk, who is worth about $167 billion, provided some more insight about his Texas housing situation. 

“I do live in a $50k house, but not this specific one,” Musk said in response to a tweet showing a prefabricated home from Boxabl. 

In November, Boxable posted a video showcasing one of its Casitas it had just built for a “high-profile” client in Boca Chica. 


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Published on Jul 02, 2021