Tuesday, January 18, 2022
HometechnologyElon Musk denies report that he’s secretly dwelling in $12M Austin property

Elon Musk denies report that he’s secretly dwelling in $12M Austin property

Elon Musk has denied a report that he’s secretly dwelling in a $12 million property in Austin, Texas — at the same time as he has claimed that he lives in a barebones $50,000 rental residence close to his SpaceX’s web site in Boca Chica, Texas.

The Wall Street Journal reported Wednesday that for the previous 12 months, Musk has been spending not less than a part of his time within the lavish lakeside property owned by his fellow PayPal alum Ken Howery, who can be the previous US ambassador to Sweden within the Trump administration.

The CEO of Tesla and SpaceX, nevertheless, denied the report, telling Business Insider on Thursday: “The WSJ article is false. I don’t live there and am not looking to buy a house anywhere.”

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

Sources advised The Journal that Musk and Howery have been associates for many years and Musk had been staying in Howery’s residence for a couple of 12 months whereas Howery travels the world and participates in “extreme-weather” occasions, like “chasing tornadoes.”

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

After the report was revealed, Howery advised the Journal in a textual content message: “Elon does not live at my home, he lives in South Texas. He stayed at the house as my guest occasionally when traveling to Austin.”

Sources additionally advised 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 residence 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.

Elon Musk.
Elon Musk lately offered off his 9 California mansions for a complete of $144 million.
Theo Wargo/Getty Images for TIME

The report comes after Musk famously declared final 12 months that he would “own no house” and brashly went on to dump his 9 California mansions for a complete of $144 million.

“My primary home is literally a ~50k house in Boca Chica/Starbase that I rent from SpaceX,” he wrote in a June tweet. Public information certainly present that Musk is registered to vote at a house in-built 1971 that his spacecraft firm SpaceX owns, in response to The Journal.

Elon Musk tweeted in June that his major residence is a $50,000 rental close to Space X’s headquarters.

In addition to declaring final 12 months that he would “own no house,” Musk additionally mentioned he was “selling almost all physical possessions.”

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

The daring assertion has added to Musk’s attract. When the CEO was named Time journal’s Person of the Year final week, the characteristic on him included the road: “the richest man in the world does not own a house.”

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