Elon Musk says he stays in good $50,000 lightweight family. Are he actually way of life on a pal’s Austin residence?

The possibility of peculiar billionaire Elon Musk way of living otherwise owning possessions inside Austin might have been a topic from argument and you will rumors once the the head out of Tesla and SpaceX very first said he gone to live in Colorado in 2020.

But while Musk features happily announced themselves a citizen of Lone Celebrity Condition, it’s been way less obvious in the event that he may be also an excellent citizen out-of Central Colorado.

Predicated on research from the Wall structure Path Journal on the Wednesday, new billionaire might have been traditions to have much of going back seasons from inside the a residence towards the Lake Austin belonging to a long time buddy and also has been searching for one of is own very own in the the fresh new Austin urban area.

Mentioning unnamed supplies, the brand new papers stated that Musk has been remaining in the new waterfront property out of other billionaire Ken Howery.

“The brand new WSJ blog post is incorrect. I really don’t alive here and you will have always been not looking to buy a good household anywhere,” Musk said for the a statement so you’re able to Insider.

Howery told you within the a text message towards the Wall Road Record immediately after guide of the facts one Musk “will not real time within my household, he lives in Southern Tx.”

Their neurotechnology organization, Neuralink, has received employment postings within the Austin recently

The brand new residence quoted because of the Record is close Mount Bonnell that’s part of a private development named Watersedge. This new inflatable digs include nearly 8,one hundred thousand feet off indoor area, a good waterfront pool, an excellent jacuzzi and an exclusive watercraft slip in a community guarded by a number of groups of doorways and good guardhouse.

Musk has said one his no. 1 home is in a great $50,100 standard small domestic in Boca Chica, near SpaceX’s release facility in the Southern Texas.

Nevertheless, the guy clearly uses high time in Austin, in which Tesla try building a good $step 1.step 1 billion factory and you may where organizations certified headquarters has started to become discovered.

He is entered in order to choose inside the Cameron County, close Boca Chica coastline, from the a house built in 1971 one takes up that-5th out-of an enthusiastic acre, the fresh Record stated

Simultaneously, he’s said in earlier times he is actually being at a beneficial friend’s family within the Austin throughout area for a shareholder’s fulfilling, though it are unsure during the time to whom he had been referring.

Throughout Tesla’s October investors meeting held practically regarding the Austin warehouse – the same knowledge and he revealed the choice to disperse the business’s headquarters so you can Austin off California – Musk referenced staying at a good friend’s household in your community. The guy told you the guy used the notice-driving element from his Tesla vehicle locate off their friend’s home into the skills.

“I actually drove right here of a company domestic I am existence out in Austin, that’s some far away and has quite an intricate push, plus the vehicles took me entirely out-of my friends domestic on Gigafactory without input. So, perfect push,” Musk told you.

Musk together with mentioned he was on a beneficial buddy’s home for the Austin from inside the big freeze from inside the February, saying they shed energy, temperatures and you may internet access. Grimes, Musk’s now-ex girl, and additionally asserted that she stayed in Austin.

Musk have much time understood Howery, which co-mainly based PayPal Holdings, in which Musk was once an executive. Howery as well as afterwards co-oriented a venture capital business having Peter Thiel named Founders Funds, which has supported the Musks businesses.

Based on Travis Main Assessment Section possessions ideas, who owns the fresh new residence are Border Trust U/A/D, also it are respected on $a dozen.6 billion just last year. It’s uncertain if the Musk are purchasing lease so you’re able to Howery, brand new Wall structure Highway Diary advertised.

The fresh new paper in addition to stated that Musk are finding his very own property in the region features got multiple real estate agencies show your Austin-urban area homes obtainable. The brand new statement told you he has found demand for numerous homes, plus a customized mansion belonging to Austin-situated jewellery developer Kendra Scott, even when Scott rejected in order to comment to the Diary.

Musk revealed in public just last year he try offering nearly all out of his bodily possessions to help you make clear their life and you will perform individual zero possessions otherwise properties, and you can they are come attempting to sell properties as.

Last December, Musk verified he previously transferred to Texas off Ca – instead of revealing in which – stating the guy wished to be nearer to the new Tesla facility towards outskirts off Austin in order to SpaceX’s Southern area Texas place.

Their tunneling and you can structure company, Brand new Fantastically dull Co., has received a presence in your community because a year ago and you will purchased end up in Bastrop Condition. Their private base, the new Musk Basis, transferred to Austin in the summer from 2020, and SpaceX can certainly be expanding into the Austin.