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Home / News / Business News / Elon Musk takes his 'last remaining' house off the market
Business

Elon Musk takes his 'last remaining' house off the market

Elon Musk takes his 'last remaining' house off the market
Written by Sagar
Sep 20, 2021, 05:04 pm 2 min read
Elon Musk takes his 'last remaining' house off the market
Elon Musk has taken his final house off the market.

Elon Musk is putting his vow to sell all "physical possessions" on hold. In June, the billionaire Tesla CEO said he had gotten rid of all his houses except for one in the California Bay Area, which he considers a "special place." But that property has now been taken off the market, reports say. Here's more on this.

Details
Musk had listed the house in June for $37 million

Musk had listed the house for sale on June 13 for $37.5 million, according to the property listing website Zillow. However, the post was taken down on September 11, as reported by the New York Post. The SpaceX boss had bought the property from Christian de Guigne IV in 2017 for over $23 million, whose aristocratic family owned the house for over a century.

House
House has 16,000 square feet of interior space

According to the listing, the house sits on 47 acres in Hillsborough, California and has 16,000 square feet of interior space. It has six bedrooms, 10 bathrooms, an 11-car garage, a ballroom, and access to hiking trails. "Over 100-year-old mansion with unobstructed Bay views, pool, hiking trails, canyons & reservoir...Truly a landmark property!" the post on Zillow read.

Quote
Musk wanted to sell the property to a big family

Musk had wanted to sell the said property to a big family. "Decided to sell my last remaining house. Just needs to go to a large family who will live there. It's a special place," he had earlier tweeted.

Backstory
Musk selling properties to fund 'colonization of Mars'

In May 2020, Musk had announced that he would sell all his earthly possessions. "Will own no house." He wants to use the funds from the sales to fulfill his outrageous goal of colonizing Mars. In fact, he has already sold off several of his houses, including a former Gene Wilder property and a mansion that went for a whopping $29 million.

Information
Musk living in a tiny house in Boca Chica, Texas

Reportedly, Musk currently lives in a prefabricated tiny house worth $50,000 in Boca Chica, Texas - the site of a rocket production facility for SpaceX, his aerospace company. "It's kinda awesome though," he had tweeted about the house in June.

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Sagar
Sagar
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Sagar covers national news for NewsBytes. He has previously worked as an editorial intern at NDTV. Over the course of his near three-year career, Sagar has gained experience in news writing, copy editing, and video production. He holds a Bachelor's degree in Journalism and Mass Communication from the University of Delhi.
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