Elon Musk officially resides in a Boxabl prefab house of about 37 m² located in Boca Chica, Texas, very close to SpaceX’s Starbase. This dwelling, valued at around 50,000 dollars, is rented through SpaceX. The billionaire, who became the first trillionaire in history after SpaceX’s IPO, has not changed his declared residence.
Boxabl Casita at Starbase: specifications of an unusual habitat
The Boxabl Casita is a foldable prefab module designed to be transported on a standard trailer and then deployed on-site. The model occupied by Musk offers a living space of about 37 m², including a living room, kitchen, bathroom, and sleeping area. The structure rests on a system of insulated composite panels, designed for quick installation.
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This type of modular construction is far from being makeshift housing. The Casita meets U.S. residential standards and can be connected to conventional utilities. Musk’s choice aligns with operational proximity: sleeping just a few hundred meters from SpaceX facilities allows him to oversee the development operations of the Starship launcher without travel time.
To better understand where Elon Musk currently lives, it is important to note that this Casita is his only known primary residence since the sale of all his California real estate holdings.
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Sale of California real estate: timeline and amounts
In 2020, Musk announced on Twitter (now X) that he wanted to sell all of his real estate. Six properties were located in the Los Angeles area, and one in Silicon Valley. The total asking price for all exceeded 93 million euros.
The centerpiece of the portfolio was a French château-style estate in Bel-Air, covering 1,510 m², including six bedrooms, eleven bathrooms, a two-story library, a wine cellar, and a tennis court. This property was sold for about 27 million euros. Another notable property, the former home of actor Gene Wilder (260 m², five bedrooms), was part of the lot.
In October 2021, the last remaining property in the San Francisco Bay was sold for 32 million dollars. At that time, Musk no longer owned any residential real estate in his name.
Stated motivations for this divestment
During a podcast with Joe Rogan in 2020, Musk explicitly stated that he wanted to rid himself of all his physical assets, which he considered impediments to his focus on SpaceX and the Mars colonization project. The money and time freed up were to be redirected towards these programs.
- Reduction of material possessions presented as a philosophical choice, not a financial constraint
- Permanent proximity to SpaceX and Tesla industrial sites as a claimed lifestyle
- Stated desire to no longer be tied to a fixed geographical location outside Texas
First trillionaire and a 50,000 dollar residence: the documented paradox
The IPO of SpaceX propelled Musk’s personal fortune beyond 1,000 billion dollars, surpassing the GDP of countries like Switzerland or Poland according to analyses from BFM TV and Le Figaro. Musk is officially the first trillionaire in history, and he continues to reside in a modular habitat whose value represents an infinitesimal fraction of his wealth.
This gap between wealth and residential lifestyle is not anecdotal. We observe that this stance fuels a recurring media narrative, but the facts remain the same: no residential property has been registered in Musk’s name since late 2021. Recent real estate analyses confirm that the Boxabl Casita in Boca Chica remains his declared primary residence.
Rumors of undeclared properties
Several media outlets have mentioned the possible existence of a secret estate in Texas. An article from Racing.fr references a luxury villa estimated at 35 million dollars. This information remains at the rumor stage, and no formal residential property has been confirmed in his name by verifiable sources.
The question of actual ownership is complicated by the potential use of third-party legal structures (trusts, shell companies) common among ultra-wealthy Americans. Musk could technically use real estate owned by his companies without being the titleholder.
Industrial nomadism: sleeping in Tesla and SpaceX factories
Beyond the Casita, Musk is known to regularly sleep at his production sites. Tesla employees have reported his nighttime presence at the Texas Gigafactory, and similar practices have been documented at SpaceX facilities. This mode of operation, far from being symbolic, reflects an extreme proximity management style.
- Frequent physical presence on production lines, including at night
- Use of sofas or cots in the offices of industrial sites
- Constant travel between different locations (Texas, California, Florida)
Musk does not reside in the traditional sense: his lifestyle resembles that of a constantly traveling executive, with an administrative anchor in Texas. The Boca Chica Casita serves as his tax home and official residence, but its actual occupancy remains intermittent.
The choice of Texas is not insignificant from a tax perspective. The state does not levy personal income tax, which represents a considerable advantage given Musk’s wealth. This aspect, rarely highlighted in articles about his residence, is a structuring factor of his domicile.