Elon Musk may be the world’s second richest man, with a personal fortune of $185bn, but that does not stop him from living in a $50,000 house.
The entrepreneur provided more information about his new living situation when he responded to a tweet about prefabricated house builder Boxabl.
“I do live in a $50k house, but not this specific one,” tweeted Mr Musk under a video of one of their units being delivered poseted by @teslaownersSV.
It was earlier reported by Tesla news website Teslarati that Mr Musk is staying in a 375-square-foot Boxable Casita, which comes with a kitchen, a bedroom and bathroom, which starts at $49,500.
The company posted a social media video last November of delivery of a unit for a “top-secret customer” at the SpaceX facility in Boca Chica, where Mr Musk’s company is developing its Starship rocket.
Las Vegas-based Boxable creates low-cost homes that are delivered in a box and set up in one day.
Last year Mr Musk made a public promise to get rid of all his properties as he concentrates on putting a person on Mars.
In December he announced that he was moving from California to Texas and had sold a portfolio of mansions in Los Angeles for $40.9m.
And last month he listed his only remaining home, a 47-acre estate near San Francisco, FOR $37.5M.
“Yeah, sold my houses, except for 1 in Bay Area that’s rented out for events,” he tweeted.
“Working on sustainable energy for Earth with Tesla & protecting future of consciousness by making life multiplanetary with SpaceX. Also, AI risk mitigation with Neuralink & fixing traffic with Boring.”
And a few days later he added: “Decided to sell my last remaining house. Just needs to go to a large family who will live there. It’s a special place.”