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Elon Musk sells most personal real estate, lives in small prefabricated house in Texas
Elon Musk, the billionaire CEO of Tesla and SpaceX, sold most of his personal real estate in 2020 and chose to live in a small prefabricated house in Boca Chica, Texas, near SpaceX's operations. His lifestyle reflects a focus on minimizing personal expenses and prioritizing business goals. Musk has also shared financial advice, warning against overspending on homes, cars, dining out, and credit card debt, which can lead to financial strain. These principles, while simple, are often overlooked in a culture that encourages consumption and status.

Updated Oct 1, 2026 First reported Sep 30, 2026