• Download the Constitution of Pakistan
  • Advertise
Friday, July 25, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Life & Style

Elon Musk the 2nd-richest man in the world resides in rented home that costs $50,000

by Web Desk
July 2, 2021
in Life & Style, World
Reading Time: 1 min read
0
Elen Musk
Share on FacebookShare on TwitterLinkedinWhatsapp

Tesla CEO Elon Musk the world’s second-richest man, with a net worth of about $185 billion said in a tweet in June that he rented a home in Boca Chica, Texas, that costs $50,000.

On Thursday, Musk provided some more context about his housing situation. In response to a tweet showcasing a prefabricated home by the housing startup Boxabl, Musk wrote, “I do live in a $50k house, but not this specific one.”

Boxabl, based in Las Vegas, aims to mass-produce low-cost housing. It creates homes that are delivered in a box and can be set up in a day.

Musk appears to be keeping a promise he made in a tweet in May 2020 to “own no house.” Weeks later, five of his homes were listed for sale on Zillow. In late December, the Los Angeles Times reported that Musk had sold three of his adjacent mansions in Bel Air for a combined $40.9 million.

The SpaceX CEO said in June that he had only one house left in the San Francisco Bay Area that he rented out for events and was waiting to sell. It “needs to go to a large family who will live there,” he said, because “it’s a special place.”

Boxabl and a representative for Musk did not immediately reply to Insider’s requests for comments for this story.

Tags: 2nd-richest manBoxablElen MuskSpaceX CEOTesla CEO Elon Musk
Web Desk

Web Desk

Related Posts

Pilgrims stone the devil as Haj nears end in Saudi Arabia

Pilgrims stone the devil as Haj nears end in Saudi Arabia

by News Publishing
June 6, 2025
0

On Friday, over 1.6 million Muslim pilgrims performed the final major ritual of Haj — the symbolic stoning of the...

‘Very blessed’: Muslim pilgrims pray at Mount Arafat in Haj apex

‘Very blessed’: Muslim pilgrims pray at Mount Arafat in Haj apex

by News Publishing
June 5, 2025
0

On Thursday, thousands of Muslim pilgrims ascended Mount Arafat — also known as Jabal al-Rahma (Mount of Mercy) — marking...

Int’l Labour Day being observed today

Int’l Labour Day being observed today

by News Publishing
May 1, 2025
0

International Labour Day is being observed across the country today as elsewhere in the world, to acknowledge and commend the...

Complete List of Popes (From Saint Peter to Present)

by Anum Arif
April 22, 2025
0

There have been 266 Popes to date. Early Popes (1st – 5th Century) St. Peter (32–64) St. Linus (64–76) St....

Pope Francis

Pope Francis Dies at 88, Leaving a Legacy of Peace

by Anum Arif
April 21, 2025
0

Vatican City – April 21, 2025:Pope Francis, the spiritual leader of the world’s 1.3 billion Catholics, has passed away at...

U.S. President Trump

Trump Eases Tech Tariffs Amid U.S.-China Tensions

by Anum Arif
April 13, 2025
0

WASHINGTON: In a significant policy shift, former President Donald Trump’s administration has granted tariff exemptions on a range of electronics—primarily...

Next Post
Moderna vaccine

Pakistan receives 2.5m doses of Moderna vaccine from US

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters