Tue. Oct 19th, 2021
  • Elon Musk tweeted that he prepared to offer his past remaining household, positioned in California’s Bay Location.
  • Musk mentioned that he has now bought all his other properties to fund a Mars colony. 
  • Musk referred to as the assets a “unique put” and said he wanted to provide it to a massive family members.
  • Indication up for the 10 Matters in Tech every day e-newsletter.

Tech billionaire Elon Musk reported Monday that he prepared to sell his “previous remaining property.”

Musk referred to as the home, in California’s Bay Region, a “particular place” and mentioned he desired to promote it to a huge loved ones.

Musk has repeatedly mentioned he strategies to sell most of his belongings, which includes all his properties, to fund a colony on Mars. He has stated he wishes to send 1 million people to Mars by 2050.

It follows a ProPublica report previous 7 days that claimed Musk, the CEO of both Tesla and SpaceX, paid $455 million in taxes from 2014 to 2018. His wealth grew $14 billion over the exact same period of time.

Browse much more: Elon Musk is Tesla’s most obvious chief, but not its only 1. Fulfill 12 other people who regulate its potential.

In response to the ProPublica report, Musk tweeted on Wednesday that he would carry on to spend money taxes in California even immediately after relocating to Texas, and said that he only owned just one house – a house in California’s Bay Region that he rented out for “functions.”

He now programs to promote this household, according to a tweet he posted in the early hrs of Monday morning.

Musk said last 7 days that he had sold all his other houses, and included that he rented his primary property in Boca Chica, Texas, from his aerospace company SpaceX.

“It is really likely to take a large amount of sources to construct a metropolis on Mars,” Musk told Mathias Döpfner, the CEO of Insider’s mum or dad organization, Axel Springer, in a December interview. “I want to be ready to contribute as significantly as achievable to the city on Mars. That suggests just a lot of capital.”