Elon Musk’s $50k, 375-square-foot home

Boxabl builds affordable, foldable, tiny homes. Elon Musk is living in one.

There are probably very few people on Earth who would willingly live in a 375-square-foot prefab home if they had a net worth of ~$185B (and only paid a 3.27% true tax rate).

Elon Musk is one of them.

The tech titan has reportedly been residing in a cozy foldable home on the SpaceX premises in Boca Chica, Texas.

The home is built by Boxabl and goes for $49.5k

Though the home’s resident was not officially confirmed as Musk, Las Vegas-based Boxabl said it installed one of its Casita homes for a “top secret customer” last November.

Then, in June, Musk tweeted that his primary home is a “kinda awesome” ~$50k house that he rents from SpaceX in Boca Chica.

The company is gaining steam

Boxabl has a 47k-person waitlist for its tiny home that takes just hours to set up and is light enough to be towed by a Tesla.

In June, Boxabl moved into a new 170k-square-foot factory that’ll eventually have the production capacity to output 3.6k Casitas a year (it’s only built 3 so far).

Aside from consumer housing, Boxabl envisions its Casitas being used as mobile hospitals, shelters, and schools.

Get the 5-minute roundup you’ll actually read in your inbox​

Business and tech news in 5 minutes or less​

RECENT POSTS

Psst

How'd Bezos build a billion dollar empire?

In 1994, Jeff Bezos discovered a shocking stat: Internet usage grew 2,300% per year.

Data shows where markets are headed.

And that’s why we built Trends — to show you up-and-coming market opportunities about to explode. Interested?