Ray Wang, founder of Constellation Research, notes that Texas has no government revenue, no capital gains tax and that it is a business-friendly environment with ‘very cheap land’.
Elon Musk’s tweets can not always be accepted as a fact – take Tesla privately for $ 420? – but the CEO of Tesla and SpaceX seems to be keeping the promise he made publicly on Twitter last year to ‘own no house’.
Musk closed at the end of last month on the sale of three more of its homes in California, reports the Los Angeles Times.
The three adjoining properties on a cul-de-sac from Bel Air reportedly sold a total of $ 40.9 million. It contained a six-bed mansion and 7 9,309-square-foot bathrooms that sold for $ 29.72 million; a colonial colonial colonial colonial colonial colonial colonial colonial colonial colonial colonial colonial colonial colony with four beds and five bathrooms for $ 6.77 million, and another 1960s house with four beds and four bathrooms in 2,963 square feet that for $ 4 , 43 million were sold.
Elon Musk closed late last month with the sale of three more of his homes in California. (Photos: Getty Images and Google Maps)
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Sales closed on December 21 and 22, according to the report.
Musk, who is now the second richest man in the world, made the brave promise not to own a house last year, according to Bloomberg, and said in a tweet that he “sells virtually all physical possessions”. The reason, he replied to a follower, was ‘freedom’.
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The billionaire also wrote that his girlfriend, the musical artist Grimes, was “angry” with him following the tweets.
He started buying houses that were owned by the owner on Zillow the same month. In June, he made his first auction: a 16,251-square-foot mansion with seven bedrooms, 11 bathrooms and a tennis court. The Wall Street Journal reported at the time that the buyer in the $ 29 million deal was William Ding, CEO of Chinese technology firm NetEase.
Elon Musk reportedly sold this Los Angeles home for $ 29 million. (Google Maps)
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A few months later, Musk allegedly sold another of his properties: the former home of actor Gene Wilder. Musk tweeted a stipulation that the house could not be “demolished or lost [of] his soul. Wilder’s cousin, filmmaker Jordan Walker-Pearlman, paid $ 7 million for the house, reports Variety.
But where will Musk live after selling all his homes? He told The Wall Street Journal last month that he had moved to Texas, where SpaceX has a rocket launch site, Tesla is building a new factory and the billionaire does not have to pay any government revenue.