Elon Musk has sold seven homes in California for $128m in his effort to “own no house”.
The sale of the properties – which include mansions in Bel Air, one of the most exclusive neighbourhoods in Los Angeles – are thought to have made the Tesla and SpaceX boss a profit of about $25m.
Musk, who promised to get rid of his properties on Twitter in May 2020, has downsized from a collection of mansions to a rented starter home in Texas.
“My primary home is literally a $50,000 house in Boca Chica/Starbase that I rent from SpaceX,” he said in June, referring to a town in Texas near to SpaceX’s rocket-launch site. “It’s kinda awesome though.”
