Despite saying he couch surfs and is currently homeless, Elon Musk admits he does have one luxury: his $66.5 million private jet.
In 2016, the CEO of Tesla bought a Gulfstream G650ER, a favorite plane among the top one percent, which includes soccer star Cristiano Ronaldo and Amazon founder Jeff Bezos, Business Insider reported.
Musk’s flying habits have been well-documented over the years, and in 2018 alone he flew on more than 250 flights across the US, Europe and Asia and spent $700,000 on his plane, the Washington reported. Post.
The world’s richest man, 50, said he rotates between his friends’ rooms and doesn’t actually own his own house.
Musk photographed getting off his $65 million Gulfstream G650ER private jet in February
Billionaire Elon Musk’s glamorous $66.5 million private jet pictured at Luton Airport last year
In 2016, Elon Musk bought a $66.5 million Gulfstream G650ER (model pictured), one of the favorite planes of the one percent, including Cristiano Ronaldo and Jeff Bezos.
The Gulfstream G650ER jet (model pictured) features a spacious lab and four large lounge areas with cream leather seating and wood furniture.
Gulfstream G650ER jets (model pictured) feature folding tables stowed on the side of the plane that can be combined to form a large dining table to feed any guests on board
There’s even a Twitter account with the handle @ElonJet tracking the location of the private plane, and according to the account, Musk’s plane landed in Austin, the new location of Telsa’s headquarters, last Thursday.
Earlier this week, the world’s richest man, 50, revealed that he doesn’t own his own house and “literally” couch surfs at his friends’ houses depending on where he needs to be.
Musk told TED’s Chris Anderson that he rotates between vacant rooms, citing when he has to stay in the San Francisco Bay Area.
“In fact, I don’t even have a house right now, I’m literally staying at friends’ houses.
He said he did not spend large sums on accommodation for himself, but admitted his private plane was the exception.
“I mean, the only exception is a plane, but if I don’t use the plane, then I have fewer hours to work,” he said of his private jet.
Musk’s 99-foot-long luxury jet is a fair trade for a royal home, coming equipped with multiple big-screen TVs, fresh air circulation, and 195 square feet of luggage storage, gulf stream saying.
Gulfstream G650ER jets (model pictured) feature a total of 19 seats in living spaces that recline and have footrests and can be converted into beds
Musk recently said he didn’t spend large sums on lodging for himself, but admitted his private jet was the exception (Gulfstream G650ER pictured)
The jet also features a spacious lab and four large lounge areas with cream leather seats and wooden furniture.
One of the living spaces includes a VIP cabin with a sliding door perfect for hosting private gatherings. It has a sofa as well as a flat screen TV.
The total of 19 seats in the living spaces are all reclining and have footrests, and can be converted into beds. FOld folding tables stored on the sides of the plane can be combined to form a large dining table where guests on board can dine.
Musk’s living arrangements have been widely speculated in the past, with him tweeting last year that his main home was a $50,000 SpaceX rental in Texas.
But his post in June also saw him admit that he owned an ‘event house’ in the San Francisco Bay Area.
However, the Wall Street Journal reported in December that he had actually been staying in an Austin mansion owned by his PayPal co-founder, Ken Howery.
The house, believed to be 8,000 square feet and worth $12 million, was the most expensive place in town when it was purchased in 2018.
Meanwhile, in May 2020, Musk tweeted: ‘I am selling almost all physical possessions. You will not own any house.
Four of Musk’s Los Angeles homes were listed on Zillow as a multi-property listing with an asking price of $62.5 million in May 2020
In May 2020, Musk put five more houses up for sale, including four houses in Los Angeles.
Musk, who says he currently lives on friends’ couches, put one of his homes on Somera Road in Los Angeles up for sale in May 2020.
That May, he put five houses up for sale. Four of the Los Angeles homes were listed on Zillow as a multi-property listing with an asking price of $62.5 million.
The fifth home, located in Hillsborough, California, has been listed for $35 million.
On Friday, Musk revealed that he was considering launching a public offer for Twitter after the company ignored his takeover offer.
He said he was exploring getting shares directly from shareholders, but admitted he “hasn’t determined whether to do so at this time.”
The move indicates that Musk is increasing his commitment to taking over Twitter after back and forth between the businessman and the company.
The social media giant earlier this week filed its “poison pill” defense with the SEC in a last-ditch attempt to prevent it from further increasing its stake in the company.
Musk, the world’s richest man, currently owns a 9.2 percent stake in the tech giant and is seeking to take it private with an unsolicited offer of $54.20 a share.
Musk filed the document with the SEC this morning showing how he planned to take over Twitter for an estimated $46.5 billion.
It obtained a debt commitment letter from Morgan Stanley Senior Funding to the tune of $13 billion in financing.
This was made up of a $6.5 billion loan, a $500 million senior secured revolving line of credit, a bridge loan of up to $3 billion, and an unsecured bridge loan of up to $3 billion.
It also received a margin loan commitment letter from Morgan Stanley for $12.5 billion in margin loans. And Musk also raised $21 billion through equity financing.
But he has used “a portion” of his shares in Tesla as collateral in the high-risk move, which analysts have warned could have huge ramifications for the company.
Musk shocked the tech world last Thursday with an unsolicited offer to buy the company.
He said Twitter’s promotion of freedom of expression is a key reason for what he called his “last and best offer.”
Meanwhile, he joked on Twitter about his plans for the company, apparently referring to a public offering in a tweet that read ‘Love Me Tender’.
He also seemed to suggest he would banish the board, saying his salary would be $0 “if my offer is successful.”
He was also endorsed on social media by Twitter co-founder Jack Dorsey, who criticized the board for being ‘dysfunctional’.
Musk claimed to live in a 375 square foot box
Elon Musk previously said he lived in a 375-square-foot modular home made by the Boxabl company, according to the Musk Teslarati fan blog and the Houston Chronicle.
He had said that he was renting the house for around $50,000.
Although Musk has not confirmed the name of the company that built his home, it appears that a Boxabl unit can be seen on the Google Earth site.
A model design of Boxabl Casita)
The company’s homes are small but stylish, arranged like a studio apartment with an open-plan living room, kitchen and bedroom, with an adjoining bathroom.
The properties are assembled from a folded box made of concrete and steel panels.
Teslarati reported that the model Musk was renting was a mass-produced 20-foot-by-20-foot “folding prefab” called the Boxabl Casita.
Boxabl would not confirm whether Musk lived in one of his houses, but in November he announced that he had built a Casita for a “high profile” and “top secret” client in Boca Chica.
‘My main house is literally a ~$50k house in Boca Chica/Starbase that I rent from SpaceX. It’s a bit unbelievable though,’ he wrote in early June.