Inside Elon Musk’s Bay Area ‘Events House’ Where He and Others Host Parties
Elon Musk‘s name has been in the news a lot after it was announced that he was buying Twitter for $44 billion. The Tesla CEO is the world’s richest man worth around $250 billion. He can buy anything he wants so some people were surprised to learn that he doesn’t own a massive luxury home. In fact, Musk said he doesn’t own a house and usually just stays with friends. He does, however, have what he calls an “events house” where he can host parties or rent out for that purpose.
Here’s a look inside Musk’s impressive Bay Area “events house.”
Musk doesn’t have a permanent home, stays with friends
Musk talked about crashing at his friends’ houses during an interview with TED’s Chris Anderson.
“I don’t even own a place right now, I’m literally staying at friends’ places,” the SpaceX founder and CEO explained. “If I travel to the Bay Area, which is where most of Tesla’s engineering is, I basically rotate through friends’ spare bedrooms.”
Musk went on to say: “For sure, it would be very problematic if I was spending billions of dollars a year in personal consumption, but that is not the case.”
When asked about his private jet the tech billionaire said: “If I don’t use the plane, then I have less hours to work.”
Musk does have an ‘events house’
So while Musk may not have a private estate that he can call home, he does have a beautiful “events house” located in the San Francisco Bay Area.
Musk purchased the Hillsborough abode in 2017 for around $23 million. He did put the mansion on the market at one point but without a buyer, decided to use the space for events. The house was built in 1916 and boasts 16,000 square feet of living space. It has six to 10 bedrooms as well as 10 bathrooms situated on 47 acres of land.
Some of the home’s other features include a grand entryway, a large upgraded gourmet kitchen, two alcohol cellars for wine and liquor, and of course banquet and ballrooms for the events Musk or others host there.
Outside you’ll find a swimming pool along with a canyon and reservoir.
His primary residence is a rental from SpaceX worth $50,000
In 2020, Musk sold several properties he owned in exclusive neighbors including three homes in the Bel-Air section of Los Angeles with an estate that once belonged to actor Gene Wilder.
Musk later confirmed that he had relocated to Texas from California during the coronavirus (COVID-19) pandemic and said he lives in a rental from SpaceX in the Lone Star State tweeting: “My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. It’s kinda awesome though.”