Elon Musk, one of the world's richest men, is living in a tiny home worth just $50,000 on the SpaceX site in Texas.
Over the past year, Musk has sold most of his real estate portfolio and listed his final property last month.
The 50-year-old revealed in a tweet that he now resides in a modest rented home on his company's Boca Chica, Texas launch site, worth just $50,000 - less than the cost of a base Tesla Model S.
'My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. It's kinda awesome though,' he wrote in early June, saying he also had an 'events house' in the Bay Area.
The entrepreneur is believed to be living in a 375-square-foot modular home made by the company Boxabl, according to the Musk fan blog Teslarati and the Houston Chronicle.
Though Musk has not confirmed the name of the company that made his home, a Boxabl unit appears to be visible on the site on Google Earth.
The company's homes are tiny but stylish, set up like a studio apartment with an open plan living area, kitchen and bedroom, with an adjacent bathroom.
The properties are assembled from a folded box made of concrete panels and steel.
Elon Musk, one of the world's richest men, is living in a tiny prefab house on the SpaceX site in Texas, according to reports. Pictured: A Boxabl Casita similar to the one Musk is said to be renting
The 50-year-old revealed in a tweet that he now resides in a modest rented home on his company's Boca Chica, Texas launch site, worth just $50,000 - less than the cost of a base Tesla Model S. Pictured: A Boxabl Casita similar to the one Musk is said to be renting
The entrepreneur is believed to be living in a 375-square-foot modular home made by the company Boxabl, according to the Musk fan blog Teslarati and the Houston Chronicle. Pictured: A Boxabl Casita similar to the one Musk is said to be renting
'My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. It's kinda awesome though,' he wrote in early June, saying he also had an 'events house' in the Bay Area. Pictured: A Boxabl Casita similar to the one Musk is said to be renting
The company's homes are tiny but stylish, set up like a studio apartment with an open plan living area, kitchen and bedroom, with an adjacent bathroom. Pictured: A model of a Boxabl Casita
Teslarati reported that the model Musk, who is said to be worth $167.3 billion, is renting is a mass-produced 20 feet x 20 feet 'foldable prefabricated home,' named the Boxabl