Beautiful Virgin Islands

Tuesday, Jun 24, 2025

Elon Musk reportedly sold 3 more homes in Los Angeles after pledging to 'own no house' and announcing a move to Texas

Elon Musk reportedly sold 3 more homes in Los Angeles after pledging to 'own no house' and announcing a move to Texas

Musk's offloading of his Los Angeles properties followed his announcement that he's moving to Texas.
Elon Musk appears to be making good on his promise to "own no house": The Tesla billionaire has sold three more of his homes, the Los Angeles Times reported on Wednesday.

On December 21 and 22, Musk — the world's second-richest person, with a net worth of $167 billion — sold three adjacent houses in the Bel-Air neighborhood of Los Angeles for a combined $40.9 million, the Times reported, citing property records.

The largest home — a six-bedroom, seven-bathroom mansion that sits on 1.5 acres of land — sold for $29.72 million. A 3,943-square-foot Colonial-style home across the street sold for $6.77 million, while the smallest house, a single-story 1960s home, sold for $4.43 million.

All three houses are on the same cul-de-sac in Bel-Air, according to the Times.

The Bel-Air homes are among several pieces of property Musk sold in 2020. In October, Musk sold the former estate of the actor Gene Wilder for $7 million, $250,000 more than Musk paid for it. The home was sold to an LLC managed by the screenwriter and producer Elizabeth Hunter, who is married to the filmmaker Jordan Walker-Pearlman, Wilder's nephew, Variety reported.

In June, Musk sold another Bel-Air home to a Chinese billionaire for $29 million, The Wall Street Journal reported. Musk had purchased the 20,248-square-foot home for $17 million in 2012.

Musk tweeted in May that he planned to sell "almost all physical possessions" and would "own no house." While Musk is known for making wild statements and grandiose pledges, he appears to be following through on his promise to offload at least some of his $100 million real-estate portfolio — though he said his girlfriend, the musician Grimes, was mad at him for making the decision days before they welcomed a new baby.

Earlier this month, Musk announced that he was moving to Texas following a months-long battle with California regulators. This spring, local officials barred Tesla from operating its factory in the San Francisco Bay Area during shelter-in-place orders, which Musk described as "fascist" and un-American.

"Tesla will now move its HQ and future programs to Texas/Nevada immediately," he tweeted in May. He quietly moved his charitable foundation to Texas as well.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Airlines Evaluate Flight Cancellations Amid Escalating US-Iran Tensions
Starmer Invites Innovators to Join Government Talent Scheme
UK Economy’s Strong Opening Quarter Shows Signs of Cooling
Harrods Seeks Court Order to Secure Al Fayed Estate for Victims
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
BBC Demands Perplexity AI Immediately Stop Using Its Content
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
×