Elon Musk says he doesn't own a home, stays in friends' spare bedrooms (2024)

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Elon Musk says he doesn't own a home, stays in friends' spare bedrooms? ›

"I don't even own a place right now, I'm literally staying at friends' places," Musk said during the interview, shared on TED's YouTube on Sunday. "If I travel to the Bay Area, which is where most of Tesla's engineering is, I basically rotate through friends' spare bedrooms."

So, going by one school of thought, to avoid paying for more, Elon Musk's properties may have been a liability more than an asset. And in an effort to save up on taxes, he decided to liquidate his real estate assets.

Elon Musk made the revelation in an interview with TED. Billionaire Elon Musk - the richest person in the world - has said that he doesn't own a house right now and sleeps in friends' spare bedrooms. The revelation was made by Musk in a recent interview with TED's Chris Anderson.

He revealed: “I sometimes sleep in the office,” adding that he has a spot on a couch in a library on the building's seventh floor “that nobody goes to.” Musk is no stranger to sofa-surfing.

Elon Musk's real estate portfolio was valued at $100M before vowing to sell all of his homes. He owned mostly in the Los Angeles area, specifically Bel Air, where 3 of his properties were located on the same cul-de-sac. Now, he lives in a single family home near his Texas Space X facility.

In a video interview, Elon Musk stated that he doesn't own a home and lives at his friends' places. He also said that he doesn't own a yacht or enjoys holidays but prefers to fly to reserve time. This statement was made while Musk came across a comment that ridiculed billionaires for their money.

Elon Musk has now slipped to the second position on the Bloomberg Billionaire Index, losing the top spot to Amazon founder and former CEO Jeff Bezos. Elon Musk lost a significant amount of his net worth on Monday when Tesla shares tumbled around 7.2 per cent, making Jeff Bezos the wealthiest person in the world.

Elon Musk says he is "fairly nocturnal" and only sleeps about 6 hours a day. He told The Full Send podcast he usually goes to bed about 3 a.m. and gets up around 9 a.m. The Tesla CEO says he has a "bad habit" of immediately checking his phone after waking up.

Elon Musk wakes up by 7am, spends 30 minutes in reading and replying to important emails while having his coffee. He skips breakfast and drives to work.

During a previous interview with The Times UK, Maye Musk disclosed that when she visits her son in Boca Chica, the location of SpaceX's Texas headquarters and Starbase launch site, she usually sleeps in the garage of the $45,000 home.

Does Elon Musk have sleep problems? ›

Elon Musk may be the world's richest person, but his success has been accompanied by stress-related bouts of vomiting and insomnia, per Walter Isaacson's biography of the billionaire. The man at the helm of six companies has often spoken about working long hours and sleeping on the Tesla factory floor.

The Tesla, SpaceX and Twitter CEO, who referred to himself just last year as “fairly nocturnal,” has a history of pulling all-nighters and sleeping under his desk to get work done. Now, he makes an effort to sleep at least six hours per night, he said in an interview with CNBC's David Faber on Tuesday.

Elon Reeve Musk FRS (born June 28, 1971) is a South African-born American businessman. He moved to Canada and later became a U.S. citizen. CEO and Product Architect of Tesla, Inc.

Elon Musk, the founder and CEO of Tesla, SpaceX, and other companies, obtained his US citizenship in 2002. Musk was born in South Africa and had been living in the United States on a work visa prior to becoming a citizen. According to Musk, he applied for a green card in 2001 after living in the US for about a year.

He wanted to take care of them the way he would like. This meant dedicating his time and mental capacity to take care of his possession. Elon viewed this as a problem, he had to find a solution. For a person of his ambitions, nothing makes more sense than focusing on work.