Whenever one mentions the name Elon Musk, one imagines rockets, electric cars, and big ideas. He is the most wealthy man in the world. This is why most people would predict that he lives in a huge
house with a swimming pool, a home theater and all the amenities you can imagine. However, the reality is quite different–and quite astonishing. In 2020, Elon Musk sold nearly all of his costly homes.
Today, he lives in a tiny home that costs around $50,000. It is not as expensive as a lot of cars. This decision stunned the world, and people were quite curious.
You will be informed about all the Elon Musk house lived in, the large ones that he owned and the small one that he currently resides in in this guide. You will also know why he did this change and what you can learn out of his decisions.
His Big California Mansions
Elon Musk is a classic billionaire as far as real estate is concerned prior to 2020. He had a portfolio of big, beautiful houses in Los Angeles, California – most of it in an affluent area of Bel Air.
The First Bel Air Mansion (2012)
Musk bought his first Bel Air home in 2012 for $17 million. Since 2010, he has been renting it. The house was 16,251 square feet. That is gigantic–eight small family houses combined.
It contained six bedrooms, eleven bathrooms, two-story library, a swimming pool and a tennis court and the Bel Air Country Club views. This was his chief residence several years.Additional
More Homes in Bel Air
Musk continued to purchase additional houses in the neighborhood.He purchased another Bel Air mansion in 2016 at the price of 24.25 million.
He also bought the former home of the famous actor Gene Wilder for $6.75 million in 2013. He converted that house into a home school (AdAstra) to his children.
At some point, Musk had a total of homes in Los Angeles valued over 70 million dollars. He also had a large estate in the Bay Area near San Francisco worth $23.4 million. It was more than a century old and had 10 bedrooms.
| Property / Asset | Details |
| Largest Bel Air mansion | 16,251 sq ft, bought for $17M, sold for ~$30M |
| Second Bel Air mansion | Bought for $24.25M in 2016 |
| Gene Wilder’s former home | Bought for $6.75M, used as a private school |
| Bay Area estate | 16,000 sq ft, $23.4M, over 100 years old |
| Total California portfolio | Over $70 million |
Why Elon Musk Sold All His Houses
Elon Musk has made a shocking move in May 2020 that left the world shocked. He tweeted on X (then known as Twitter) that he was selling nearly everything in his physical possession – all his houses.
“Possession just weighs you down.” — Elon Musk, via X (Twitter)
He put up four houses in Los Angeles at a price of 62.5 million.
They sold all in six months. He sold the Bay Area estate as well. One by one, his property portfolio disappeared.
Musk explained that he had a simple reason. He desired less distractions. He had a desire to put all his
efforts into his businesses – SpaceX, Tesla and others. In his opinion, having excess possessions
distracts people to doing great work.
Neither was that about money, he said. He was not selling the homes because he required cash. He was selling them due to his values.
Why Elon Musk Sold All His Houses
This is the question that most people would like to be answered. And the response is still shocking.
Elon Musk lives in a tiny, prefabricated home in Boca Chica, Texas. It is now officially known as
Starbase – a small city, which has developed around the SpaceX rocket facility. He is a tenant of SpaceX, and has resided at the house since approximately 2021.
My most important home is literally a $50k house in Boca Chica / Starbase, which I rent at SpaceX. It is a bit cool but cool.
When his friends came, they were shocked. They could not think that one of the strongest people in the world could live there in such a tiny location.
However, Musk claimed that the place, which is next to his rocket factory is what matters to him the most.
Inside His Tiny Home: The Boxabl Casita
Musk has a Boxabl Casita home. Boxabl is a company that makes foldable, prefabricated homes. These houses are made to be intelligent, effective and simple to install. The following is the contents of his little house:
| Feature | Details |
| Home Size | Around 375 to 400 square feet |
| Home Type | Foldable prefab / modular home by Boxabl |
| Purchase Price | Around $45,000 to $50,000 |
| Bedrooms | 2 to 3 (garage converted to extra bedroom) |
| Kitchen | Dual sinks, oven, dishwasher, and microwave |
| Living Area | Mounted TV and sofa that converts to a bed |
| Energy Feature | Solar panels and strong insulation |
| Monthly Energy Cost | About $28 per month on average |
| Location | Starbase (Boca Chica), Texas |
| Ownership | Rented from SpaceX |
Location Starbase (Boca Chica), Texas.
Ownership SpaceX rented out.
The house is not big but clever. Nothing is without a purpose. The kitchen is fully equipped to prepare a good meal. The living room serves as a sleeping room. The solar panels make energy expenses very minimal.
Musk also has a Boxabl unit next to his main home. He uses this as a guest house when friends or family come to visit.
Old vs. New: Side-by-Side Comparison
It is difficult to imagine that the same individual who had a value of $70 million in mansions has turned into a resident of a 400-square-foot box. But that is what did happen. The following is a good comparison:
| Category | Old California Life | Current Texas Life |
| Home Value | Up to $24 million each | About $50,000 |
| Home Size | 16,000+ square feet | About 400 square feet |
| Location | Bel Air, Los Angeles | Starbase, Texas |
| Amenities | Pool, gym, home theater | Solar panels, compact kitchen |
| Travel to Work | Long drive, separate city | Walking distance |
| Energy Cost | Thousands per month | About $28 per month |
| Ownership | Owned fully | Rented from SpaceX |
Starbase, Texas: The City He Helped Build
Elon Musk is not only a neighbor to SpaceX. He contributed to its construction of the whole community.
Starbase used to be called Boca Chica Village.On May 3, 2025, its official incorporation was approved by voters. It became a real city on May 20, 2025.
SpaceX, a rocket launch company, was the center of the city around which Musk can develop the Starship program – his idea of taking people to Mars.
It is only logical that Musk lives in Starbase. He is only a few steps away to the rockets he is constructing. No long commute, no traffic, no distractions in the city. All the things in his surroundings are geared towards a single large objective.
Life Lessons from Elon Musk’s House Choices
His story of housing is instructive. You do not have to be a billionaire to emulate his decisions.
- You do not require large area to live well. The richest person on Earth lives in 400 square feet.
- Place is more important than fancy. It is better to be near your work and objectives, rather than a fancy address.
- Things can distract you. Musk sold all this to be able to concentrate more on his greater ambitions.
- Function beats status. A house that fits your life is superior to one that appears to be great.
Simple decisions can be effective. It requires true courage to make less of an effort when everyone anticipates more.
Final Thoughts
The story of the Elon Musk house is one of the most intriguing in the history of modernity. He had more than 70 million dollars of luxury mansions in California, but now lives in a small 50,000 house in Texas. That is not a demotion, that is a very conscious decision.
His values are displayed in his home. He desires to dwell on the future of space travel, electric cars and technology. A tiny house next to a rocket launchpad assists him in doing just that.
His story is worth considering whether you are impressed by his decision or not. One of the bravest things an individual can do is make a decision on what to avoid and what to concentrate on instead.
In case you have found this guide useful, then share it with someone who would like it.
Frequently Asked Questions (FAQs)
These are the most frequently asked questions about the house of Elon Musk, which are answered in a simple and straightforward manner.
In 2025, Elon Musk is living where?
A: He resides in Starbase (previously Boca Chica Village), Texas, in a small prefabricated house very near the SpaceX rocket plant.
What is the price of the house of Elon Musk?
A: His current home cost around $45,000 to $50,000. It is rented out by SpaceX. This is quite unlike his past California mansions, which were worth millions of dollars apiece.
What is the size of the house that Elon Musk has at the moment?
A: It is around 375 to 400 square feet. Very small–a large hotel room. It is a Boxabl Casita, a small foldable house.
What made Elon Musk sell all his houses?
He said that properties weigh you down. He wanted to get rid of the distractions and focus on his companies, especially SpaceX and Tesla.
What is a Boxabl Casita?
It is a tiny, collapsible, prefabricated house manufactured by a company known as Boxabl. It is designed to be smart, efficient and easy to install. Musk uses it as his main residence.
Do you know of any other houses owned by Elon Musk?
He rents his main home from SpaceX. In early 2025, he also reclaimed the former Gene Wilder house in Los Angeles via a foreclosure sale. It is also reported that there were properties near Austin, Texas that were used by his family.
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