Military
B83.Inside Elon Musk’s Secret $12 Million Waterfront Estate in Austin
Elon Musk, the CEO of Tesla and SpaceX, is reportedly spending a considerable amount of time at a luxurious waterfront mansion in Austin, Texas, despite his public claims of living in a modest $50,000 modular home at SpaceX’s Boca Chica site. This mansion, owned by his fellow PayPal co-founder Ken Howery, is located in the exclusive Watersedge community on Lake Austin.
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/8d4407138079d35bdd11972943ad0890.webp)
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/2f4af3356f3c28fbed3537dfb0b922b5.webp)
The estate, which Musk has been using as a guest, is an 8,000-square-foot mansion featuring high-end amenities that reflect the luxurious Lifestyle often associated with billionaires. The property includes a waterfront pool, jacuzzi, and private boat slip, offering a serene and private retreat. It was purchased by Howery for over $12 million in 2018, setting a record for the Austin market at the time. Given the booming property values in Austin, the mansion’s worth has likely increased significantly since then.
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/ec5edc6c3424a7f7e7af6f718d0440f4.webp)
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/53a688fe0a85ce922255a9d1eb95e08f.webp)
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/6b4aaf14aab93996c48200d8e212ea32.webp)
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/c264b6250c27272660520c10446143fc.webp)
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/6907d1cdd8447e1f62ef0aed707fbe1f.webp)
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/31f7d7fe51a1b6ef9ef9ee00b334e3b7.webp)
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/08b4f9365aa5c6be8b155c50bc26d6df.webp)
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/4d61f70f1bb19407a96eb1ba2e496616.webp)
Musk has previously sold all of his California properties, which included nine mansions, for a total of $144 million, as part of his declaration to “own no house.” This strategic move has been linked to his need to raise cash to exercise stock options set to expire soon.
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/14dfce94878b438d7a0660d4392ab493.webp)
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/840dff4bcfe59e7af82cf8637de127e4.webp)
Despite Howery’s assertions that Musk only stays as an occasional guest, the Wall Street Journal has reported that Musk has been actively house-hunting in Austin, seeking a trophy property that befits his status as one of the world’s wealthiest individuals.
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/4382e8f734d055dd1100592ebe223089.webp)
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/8fb3fb10a02cb00b96f5d5d119522bbc.webp)
This mansion in Austin not only provides a lavish living space but also aligns with Musk’s Business operations, with Tesla’s headquarters now situated in Austin. The blend of luxury and strategic convenience makes this property an ideal temporary home for Musk while he searches for a permanent residence in the area.
![](https://cdn.thefoxposts.com/vimedia/2024/06/24/31e9ed8059341b8484a7402f5aab4266.webp)
-
Military1h ago
Lamz.Introducing “Hummer”: The First Airborne Early Warning System with Unmatched Calibrations
-
Military14h ago
Lamz.Mitsubishi Heavy Industries Launches JS Natori: A New Era for Japan’s Mogami-Class Frigates
-
Military20h ago
Lamz.Estonia to Receive First Delivery of CAESAR Self-Propelled Howitzers in 2024
-
Military1d ago
Lamz.Destiny Sealed: Malaysian Ministry of Defence Awards Contract for Supple FZ Rocket Motor
-
Military1d ago
B83.The extravagant Hollywood Oaks mansion: Antonio Brown’s luxurious residence in Florida valued at $6.6 million.
-
Military1d ago
B83.Iconic architect Frank Lloyd Wright’s stunning seven-bedroom Golden State home, nestled on 46 acres, hits the market for $4.25 million.
-
Military1d ago
B83.Elon Musk puts two Bel Air homes on the market for a total of $39.5 million, following his pledge to sell off his material possessions during a peculiar Twitter rant.
-
Military1d ago
B83.Inside a stunning $38 million mega mansion in Los Angeles fit for a prince of Bel-Air, featuring a cinema, infinity pool, expansive glass-walled wine cellar, and a two-ton stone bathtub.