Elon Musk and son X Æ A-12 on phase TIME Person of the 12 months on December 13, 2021 in New York City. Theo Wargo/Getty Photographs for TIME

Elon Musk is the TIME man or woman of the calendar year, the richest gentleman in the globe, and he life in a rented $50,000 quick household in Texas, near to his beloved SpaceX, correct? Properly, he may well lease the $50,000 mass-generated, prefabricated dwelling from his enterprise, but he truly lives in a friend’s mansion in Austin, Texas, according to The Wall Avenue Journal. The buddy is fellow “PayPal Mafia” billionaire Ken Howery, a co-founder of PayPal Inc. where by Musk was an executive at the starting of his job.

Howery’s house around Austin, Texas. Map facts ©2021 Google

In addition to an “extended stay” at the opulent 8,000-square-foot dwelling, the Journal studies that Musk has engaged several actual estate brokers in the search for a Texas home, in spite of earlier bragging on Twitter that his private goal was to “own no household.” He later claimed that he’d offered all his houses apart from 1 that is rented out for functions.

Immediately after the WSJ tale was revealed, Howery told the paper in a textual content message, “Elon does not stay at my property, he life in South Texas. He stayed at the dwelling as my guest sometimes when touring to Austin.” Musk denied living in the mansion to Insider, and reported he is not on the lookout to buy.

Musk has been recognized to choose up residence in abnormal destinations. For a time he was sleeping under his desk at Tesla’s factory with only a pillow, sans case, and the Journal reviews that he is now registered to vote at a modest residence in Cameron County, Texas, built in 1971 — an entirely distinct property from the 20 x 20′ foldable “box” home established for him by Boxabl, a startup that tends to make instant homes. Musk has continuously introduced his intention to die as a resident of Mars, so it looks he still has a very long way to go on that entrance.

Elon Musk’s $50,000 Box Home Exists, But, Surprise, He Kinda Lives in a Billionaire Friend’s Mansion