Elon Musk Makes An Eyebrow-Raising Admission About His Living Situation

Elon Musk is undoubtedly the richest man in the world — and that's a fact. The Tesla CEO, who recently offered to buy Twitter in cash — is worth a reported $271.6 billion, according to Forbes. Musk makes no secret of his abundant wealth and even once allowed his Twitter followers to dictate whether he should sell a portion of his stake in Tesla. The resulting poll saw Musk sell 10% of his stake in the company, worth an estimated $5 billion.

Musk, a South African native, previously opened up about his minimalist lifestyle, which he admits is far less luxurious than one may think. Musk revealed that his liquid assets are purposefully non-existent. "Some people think I have a lot of cash," he said (via Forbes). "I actually don't." However, the SpaceX founder — who previously purchased several residential homes in California — recently revealed a shocking detail about his own living condition.

Elon Musk's business endeavors may not make sense to most. Musk — who graduated from the University of Pennsylvania — recently revealed he spends very little money on liquid assets. The Tesla CEO made the declaration in an interview with TED curator Chris Anderson and revealed he currently does not have a permanent residence.

"For sure it would be very problematic if I was consuming billions of dollars of year in personal consumption," Musk said. "I don't even own a home right now." The tech mogul went on to explain that he often stays with friends when he travels and emphasizes that he doesn't have a yacht or take glamorous vacations.

Musk's claims may be puzzling to some, as the billionaire previously purchased a number of homes in Southern California, according to Variety. The outlet reports that Musk shelled out nearly $70.3 million on five Bel Air properties between 2012 and 2015. However, Musk would later sell the California properties, after vowing on Twitter to get rid of all of his physical possessions.

Perhaps, however, Elon Musk is simply waiting to put down roots on Mars. 

In 2009 Musk dished to The New Yorker about his aspirations to establish a human presence on the neighboring planet. "The likelihood of humanity gaining a true understanding of the universe is greater if we expand the scope and scale of civilization, and have more time to think about it," he explained. "We're like a giant parallel supercomputer, and each of our brains runs a piece of the software," he continued.

Since then, however, the entrepreneur has worked hard to make that dream a reality. "There's always some chance that something could go wrong on Earth. Dinosaurs are not around anymore! There could be some calamity where we do ourselves in or there's just a natural disaster." the SpaceX founder famously said during a Starship progress update in February 2022. Aside from that, however, Musk also noted that "Life can't just be about solving problems." He added, "There have to be things that inspire you, that move your heart. When you wake up in the morning, you're excited about the future." Maybe life on Mars is what really gets Musk excited!

One might also argue that homes just aren't Elon Musk's thing. Maybe he's more of a planes, trains, and automobiles kind of guy.

Per Business Insider, the billionaire has amassed an impressive collection of cars over the years, including a McLaren F1 and the Lotus Espirit submarine car featured in the James Bond film, "The Spy Who Loved Me." It's reported that Musk plunked down a staggering $920K for the famous sub in 2013. "It was amazing as a little kid in South Africa to watch James Bond in 'The Spy Who Loved Me' drive his Lotus Esprit off a pier, press a button and have it transform into a submarine underwater," Musk later told the Huffington Post about the once in a lifetime purchase. "I was disappointed to learn that it can't actually transform," he lamented. "What I'm going to do is upgrade it with a Tesla electric powertrain and try to make it transform for real," he vowed.

But that's not all. Per SCMP, Musk owns a Gulfstream G650ER business jet valued at a whopping  $70 million and a Russian fighter jet. "It has a Czech air frame, a Ukrainian engine, Russian avionics. It's what they used to train their fighter pilots on, so it's incredibly acrobatic," he told Fortune magazine in 2003. "It's like a roller coaster. Only you go much farther up and down. But your butt hurts if you fly in it for more than an hour. The seats are really hard," he explained.