History
Elon Musk, perhaps one of the best entrepreneurs and business personalities of the 21st century, is well known to the public. He’s the founder of SpaceX and Tesla, and has also co-founded Paypal, The Boring Company and other companies. Musk has made a name for himself through his highly successful business ventures, leading him to become one of the world’s most sought-after personalities. All of his success has led to a curiosity of where Musk calls home.
Where does he Live
Elon Musk’s home is surprisingly not in one place. He divides his time between two main places: Los Angeles, California and Austin, Texas. During the week, Musk will typically be found in Los Angeles, where he is into the development of SpaceX and Tesla. On the weekends, Musk travels to Austin, Texas where he has a large house and a large acreage property.
Los Angeles
Musk’s home in Los Angeles is located in the affluent suburb of Bel Air in the westside of the city. He is reported to live in a 20,000 sq ft. estate built in the early ’20s. It is also reported that he bought the property back in 2012 and reportedly paid over $17 million for it. Musk’s primary focus in Los Angeles is managing SpaceX and Tesla, as well as creating unique projects, like building a tunnel to bypass Los Angeles freeway traffic.
Austin
On the weekends, Elon Musk usually travels to Austin, Texas. He has several properties here, including a 6,000-acre ranch and a large house. The ranch was bought in 2016 and is currently being used as a private retreat and as a testing area for his upcoming projects. His house in Austin is also quite impressive, as it is located in one of the city’s wealthier areas and is about 8,700 sq ft.
Musk’s Lifestyle
Overall, Musk’s homes reflect his eclectic and free-spirited style. He is never one to shy away from a challenge, and he is willing to indulge in unique, high-end homes, regardless of their location. Musk’s lifestyle is very busy, often travelling between his two homes, while also managing his multiple businesses. Despite this, he still seems to take the time to relax, as he is often seen attending events in the cities he resides in.
The Impact
Only time will tell what impact Elon Musk’s presence will have on Los Angeles and Austin. Already, Austin is said to be in the midst of a tech boom as companies flock to the city due to a business-friendly environment. This is something that has been attributed to Musk’s presence, as his long-term stay has helped to bring attention to the region. In Los Angeles, Musk has already begun to transform the city through his various projects, such as the tunnel mentioned earlier.
Family Life
Despite his busy lifestyle, Musk is also a devoted father of seven children, six of which he shares with actress and singer, Talulah Riley. Musk also shares their three sons with Canadian author, Justine Wilson. With such a large family, it is no wonder that Musk is often seen out and about with them, as he tries his best to balance his work and family life.
Real Estate Dreams
Despite having two luxurious homes, Musk is said to not be satisfied. He has mentioned in the past that he dreams of one day having a home-base on Mars and has made plans to make this a reality through his SpaceX project. Furthermore, Musk has expressed interest in buying up properties in the U.S. and building a giant underground transportation system to link them together.
Future Goals
It seems that Musk is always setting new goals, and his future plans are no exception. He has already expressed interest in space exploration and colonizing Mars and he also has a long list of projects he hopes to achieve on earth. These include a total overhaul of the transportation system, green energy sources, and advanced artificial intelligence.
Investment Strategy
Musk has regularly expressed interest in investing in many different sectors, but his primary choice has consistently been technology. He is often seen investing in promising startups, either through direct investments or via his venture capital firm, ‘Vector Capital’. Musk has also expressed interest in artificial intelligence, blockchain, and computer engineering, making him a definittee power-player in the tech world.
Philanthropy Work
Though somewhat unexpected for an entrepreneur of Musk’s caliber, he does make some time for philanthropy work. He frequently donates to a variety of scientific, environmental, and social charities, and he also runs his own foundation that focuses on renewable energy, education and research, and other areas. Furthermore, Musk has also been involved in the funding of a new children’s hospital in Los Angeles.
Mental Health Awareness
Musk has always been vocal about the importance of mental health and well being, and he regularly speaks out on the topic. He has mentioned that he himself has struggled with depression, which he has been able to manage by exercising regularly, as well as focusing on his work and his personal life. He also speaks positively about therapy and counselling, which he suggests could be beneficial to many.
Final thoughts
As an entrepreneur, Elon Musk has always been one to think outside of the box and take risks. His homes in Los Angeles and Austin are part of his empire and reflect his eclectic and ever ambitious character. It’s no wonder then that he is often seen as an inspiring and motivational figure, someone who pushes the boundaries and doesn’t let failure define him.
