Elon Musk living in a prefab house that sells for just $50k | TheHill – The Hill

The worlds second-richest man is living in a rented home that costs about $50,000.

Elon Musk last month said his primary home is a $50,000 house in Boca Chica, Texas, that he rents from his private rocket company SpaceX. SpaceX operates a launch facility in the small south Texas town and refers to it as Starbase.

Only house I own is the events house in the Bay Area. If I sold it, the house would see less use, unless bought by a big family, which might happen some day, Musk tweeted.

Teslarati, a website that follows Tesla news, reported recently that Musks Starbase home was aroughly 400-square-foot prefabricated home manufactured by housing startup Boxabl, which specializes in easy to construct housing modules.

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On Thursday, Musk, who is worth about $167 billion, provided some more insight about his Texas housing situation.

I do live in a $50k house, but not this specific one, Musk said in response to a tweet showing a prefabricated home from Boxabl.

.@elonmusk may be one of the richest people in the world but he lives in a $50k dollar house that he rents from @SpaceX like this one. pic.twitter.com/dRMbga07QZ

In November, Boxable posted a video showcasing one of its Casitas it had just built for a high-profile client in Boca Chica.

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Elon Musk living in a prefab house that sells for just $50k | TheHill - The Hill