Elon Musk

Elon Musk announces he is selling his last home a little more than a year after a vowing to ‘rid himself of all possessions’

PHOTO: Billionaire CEO Elon Musk announced on Monday that he was selling his last remaining home, and fulfilling a vow he made last year to no longer own any properties

  • Announcement comes a little more than a year after the billionaire said he would sell all of his homes
  • Throughout 2020 Musk sold six California properties, in addition to one in 2019, for a combined total of $114 million
  • All that remains is a Bay Area mansion Musk finally said he decided to sell; it is listed for $37 million
  • Musk said he wanted to get rid of the properties as a way to defuse criticism of his extreme wealth 

A little more than a year since his vow last May to sell nearly all of his possessions, and ‘own no house,’ billionaire CEO Elon Musk appears to be nearing his goal, announcing Monday that he plans to sell his last remaining home.

The California Bay Area mansion, which was listed for sale on Sunday for $37.5 million, is on Crystal Springs Road in Hillsborough, and was used chiefly as a rental space for events, he said.

Musk said he would like to sell it to a large family who will live there. ‘It’s a special place,’ he tweeted.

He 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 had gone on a spree the past 13 months, selling six of his properties, as well as one in 2019, for a total of $114 million.

He tweeted last May: ‘I am selling almost all physical possessions. Will own no house.’

Billionaire CEO Elon Musk announced on Monday that he was selling his last home, a little more than a year after saying he was working to sell 'almost all physical possessions.'

Billionaire CEO Elon Musk announced on Monday that he was selling his last home, a little more than a year after saying he was working to sell ‘almost all physical possessions.’

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