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Elon Musk officially sells every house as he downsizes to $50K rental home

The world’s richest man has fulfilled his pledge to ‘own no home.’ Tesla and SpaceX CEO Elon Musk has sold his Silicon Valley estate for $30 million on Thursday, $7.5 million less than the original $37.5 million asking price when it was first listed in June, according to records.

Elon Musk sold his Silicon Valley estate for $30 million, the last of his seven California homes, and moved to Texas. This 109-year-old European style home sits on 47 acres of land south of San Francisco.

Elon Musk sold his Silicon Valley estate for $30 million, the last of his seven California homes, and moved to Texas. This 109-year-old European style home sits on 47 acres of land south of San Francisco.

Musk struggled to sell the home, listing it three times before finding a buyer. Musk, 50, who has a net worth of $151 billion, had previously shared that the property, south of San Francisco, was his 'last remaining house.' Musk, who was leapfrogged by Amazon honcho Jeff Bezos atop Forbes' list or world's richest men, currently lives in a home he rents worth $50,000 in Boca Chica, Texas, near his Space Exploration Technologies Corp. Starbase rocket manufacturing plant, where he moved last year.

Musk struggled to sell the home, listing it three times before finding a buyer. Musk, 50, who has a net worth of $151 billion, had previously shared that the property, south of San Francisco, was his ‘last remaining house.’ Musk, who was leapfrogged by Amazon honcho Jeff Bezos atop Forbes’ list or world’s richest men, currently lives in a home he rents worth $50,000 in Boca Chica, Texas, near his Space Exploration Technologies Corp. Starbase rocket manufacturing plant, where he moved last year. 

'My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. It's kinda awesome though,' Musk tweeted. The new owner of the Hillsborough, California, mansion at 891 Crystal Springs Road has not been named publicly. Pictured: The century-old home features stunning interior design with intricate moldings, mirrored walls, and marble designs.

‘My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. It’s kinda awesome though,’ Musk tweeted. The new owner of the Hillsborough, California, mansion at 891 Crystal Springs Road has not been named publicly. Pictured: The century-old home features stunning interior design with intricate moldings, mirrored walls, and marble designs.

The 16,000-square-foot estate features seven bedrooms, seven bathrooms, a music room, grand ballroom and a cocktail room with retractable library shelves. Pictured: A magnificent golden candelabra hangs in one of the many impressive rooms with large floor to ceiling windows.

The 16,000-square-foot estate features seven bedrooms, seven bathrooms, a music room, grand ballroom and a cocktail room with retractable library shelves. Pictured: A magnificent golden candelabra hangs in one of the many impressive rooms with large floor to ceiling windows.

The all-white kitchen features a long marble table, wooden pantry doors and matching tiles.

The all-white kitchen features a long marble table, wooden pantry doors and matching tiles.

Beautiful blue-green tiles cover the kitchen floor adding a pop of color to the pristine open room. The state of the art cooking area features a large island with white marble matching the table set next to it.

Beautiful blue-green tiles cover the kitchen floor adding a pop of color to the pristine open room. The state of the art cooking area features a large island with white marble matching the table set next to it.

'The dining room and music room can now be combined into one space with a hydraulic lift wall that disappears when needed,' according to one of the listings. Musk had previously said he wanted to sell it to a large family who will live in the home. 'It's a special place,' he tweeted.

‘The dining room and music room can now be combined into one space with a hydraulic lift wall that disappears when needed,’ according to one of the listings. Musk had previously said he wanted to sell it to a large family who will live in the home. ‘It’s a special place,’ he tweeted.

Last year, the eccentric billionaire indicated that he planned to sell all his homes in a bizarre Twitter rant writing: 'I am selling almost all physical possessions. Will own no home.' Pictured: The property's sweeping swimming pool.

Last year, the eccentric billionaire indicated that he planned to sell all his homes in a bizarre Twitter rant writing: ‘I am selling almost all physical possessions. Will own no home.’ Pictured: The property’s sweeping swimming pool.  

Musk said he wanted to sell his homes to defuse criticism of his wealth, telling podcast host Joe Rogan last May: 'I think possessions kinda weigh you down. And they're kind of an attack vector. People say, "Hey, billionaire, you got all this stuff." 'Well, now I don't have the stuff – now what are you gonna do?'

Musk said he wanted to sell his homes to defuse criticism of his wealth, telling podcast host Joe Rogan last May: ‘I think possessions kinda weigh you down. And they’re kind of an attack vector. People say, “Hey, billionaire, you got all this stuff.” ‘Well, now I don’t have the stuff – now what are you gonna do?’

Musk's current net worth currently stands at $297 billion. According to a prediction made by investment firm Morgan Stanley, Musk is projected to become the first trillionaire in the world.

Musk’s current net worth currently stands at $297 billion. According to a prediction made by investment firm Morgan Stanley, Musk is projected to become the first trillionaire in the world. 

The entrepreneur 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 entrepreneur 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 his current 375-square-foot modular home, which was revealed by the Musk fan blog Teslarati and the Houston Chronicle, costs less than a base Tesla Model S. Pictured: A model unit similar to the one Musk is said to be living in.

The 50-year-old revealed his current 375-square-foot modular home, which was revealed by the Musk fan blog Teslarati and the Houston Chronicle, costs less than a base Tesla Model S. Pictured: A model unit similar to the one Musk is said to be living in. 

At the time of Musk's Twitter storm, Musk owned seven houses in California – six in Los Angeles within walking distance of each other. He has since sold all of his residential properties for a whopping $144 million.

At the time of Musk’s Twitter storm, Musk owned seven houses in California – six in Los Angeles within walking distance of each other. He has since sold all of his residential properties for a whopping $144 million.

His Silicon Valley estate, Guignécourt, is a 109-year-old European-style mansion with hiking trails and a reservoir on the property. It was built in 1912 by Count Christian de Guigné, a member of French nobility who moved to the Golden State after marrying a local Gold Rush heiress. Pictured: A model of Musks's current rental home in Texas.

His Silicon Valley estate, Guignécourt, is a 109-year-old European-style mansion with hiking trails and a reservoir on the property. It was built in 1912 by Count Christian de Guigné, a member of French nobility who moved to the Golden State after marrying a local Gold Rush heiress. Pictured: A model of Musks’s current rental home in Texas. 

The beautiful property remained in the family for just over a century before being listed for $100 million in 2013 – it was later reduced to $29.85 million three years later. Musk purchased the stunning property for an even lower price of $23.4 million in 2017 and primarily used the home as a rental space for events. Pictured: An aerial photo denoting the six homes Musk owned on adjacent streets in the upscale Bel Air neighborhood.

The beautiful property remained in the family for just over a century before being listed for $100 million in 2013 – it was later reduced to $29.85 million three years later. Musk purchased the stunning property for an even lower price of $23.4 million in 2017 and primarily used the home as a rental space for events. Pictured: An aerial photo denoting the six homes Musk owned on adjacent streets in the upscale Bel Air neighborhood.

After announcing his plans to sell all his homes, Musk quickly listed two of his Bel Air mansions on the market. The first of the two was a colonial home on Somera Road, which Musk sold for $6.4 million.

After announcing his plans to sell all his homes, Musk quickly listed two of his Bel Air mansions on the market. The first of the two was a colonial home on Somera Road, which Musk sold for $6.4 million.

Musk sold the the second one for $4.4 million. It was built in the 1960s and has apparently not been renovated since.

Musk sold the the second one for $4.4 million. It was built in the 1960s and has apparently not been renovated since.

Musk's home at 954 Somera Road was sold in December for $29,719,000. The home was listed with six bedrooms and seven bathrooms.

Musk’s home at 954 Somera Road was sold in December for $29,719,000. The home was listed with six bedrooms and seven bathrooms. 

Another home, located at 10911 Chalon Road, sold in June for $29,000,000. It sits across from the gold course and has six bedrooms and eleven bathrooms. The property features a pool, tennis court, and gorgeous landscaping. Musk lived in this house with his sons, which he rented for two years before buying it.

Another home, located at 10911 Chalon Road, sold in June for $29,000,000. It sits across from the gold course and has six bedrooms and eleven bathrooms. The property features a pool, tennis court, and gorgeous landscaping. Musk lived in this house with his sons, which he rented for two years before buying it. 

Another one of Musk's homes, located at 10930 Chalon Road, sold in October for $7,000,000. Both Musk and famed actor Gene Wilder lived in this Los Angeles home. Wilder, who died in 2016, lived in the home for over three decades. It features five bedrooms, five bathrooms and a luxurious pool in the backyard. He shared his one condition on selling the gorgeous property: 'Just one stipulation on sale: I own Gene Wilder's old house. It cannot be torn down or lose any its soul.'

Another one of Musk’s homes, located at 10930 Chalon Road, sold in October for $7,000,000. Both Musk and famed actor Gene Wilder lived in this Los Angeles home. Wilder, who died in 2016, lived in the home for over three decades. It features five bedrooms, five bathrooms and a luxurious pool in the backyard. He shared his one condition on selling the gorgeous property: ‘Just one stipulation on sale: I own Gene Wilder’s old house. It cannot be torn down or lose any its soul.’ 

This home, located at 10947 Chalon Road, was sold for $20,948,500 in December. It is hidden behind trees and gated walls covered in greenery.

This home, located at 10947 Chalon Road, was sold for $20,948,500 in December. It is hidden behind trees and gated walls covered in greenery. 

Elon Musk officially sells every house as he downsizes to $50K rental home Source link Elon Musk officially sells every house as he downsizes to $50K rental home

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