Inside Elon Musk’s Luxurious Lifestyle: How Tesla CEO Lives In $50,000 Tiny Homes In Texas, Owns McLaren F1s, Porsche 935s, And Built $700 Billion ...

There are rich people, there are billionaires, and then there is Elon Musk — a man whose wealth chart no longer behaves like a straight line but like a rocket trajectory. In an age where billion-dollar valuations barely raise an eyebrow, Musk’s net worth has entered a realm that sounds fictional even by Silicon Valley standards. Crossing the $700 billion mark, the Tesla and SpaceX chief has not just rewritten wealth rankings but warped the very scale on which modern capitalism is measured. The milestone arrived as Musk’s controversial $56 billion Tesla pay package was green-flagged, a decision that instantly turbocharged Tesla’s market confidence. Analysts began whispering — and then openly stating — that Tesla could one day flirt with an $8

trillion valuation. Suddenly, the idea of Musk becoming the world’s first trillionaire no longer feels like clickbait but a looming possibility. What makes this story fascinating is not just the number but the contradictions within it. Here is a man who sold off mansions, sleeps close to factories, yet controls private jets worth more than entire luxury housing complexes. He champions minimalism while owning some of the rarest cars on Earth. His fortune dwarfs that of industrial dynasties, yet remains tethered to volatile tech bets. This is not inherited wealth or old money — it is high-risk, high-conviction capitalism played at planetary scale. So how exactly did Elon Musk cross $700 billion? And how does his wealth compare with India’s richest titans — Mukesh Ambani and Gautam Adani? Let’s take a closer, human look inside the assets, ambitions and anomalies that make up Musk’s staggering net worth.

How Much Is Elon Musk Worth Today?

According to Forbes real-time billionaire rankings, Elon Musk’s net worth currently stands at approximately $749 billion, placing him firmly — and comfortably — at the top of the global rich list. The backbone of this wealth is equity, not cash. Musk owns around 12 per cent of Tesla, the electric vehicle giant that transformed him from a tech disruptor into the world’s richest individual. Add to that his controlling stakes in privately held companies whose valuations keep ballooning, and the numbers begin to feel surreal. Musk founded SpaceX in 2002, and after multiple private tender offers, the rocket company is now valued at an estimated $800 billion. Musk owns roughly 42 per cent of it. SpaceX is not just a space firm anymore — it is a strategic contractor, a satellite operator, and arguably the most valuable private company in history. Then there is his $44 billion acquisition of Twitter in 2022. In March, the social media platform was merged with Musk’s artificial intelligence venture, xAI, creating a combined entity reportedly valued at $125 billion, including debt. The rebranding to “X” wasn’t just cosmetic — it signalled Musk’s ambition to build an everything app powered by AI, payments and global communication.

Is Elon Musk Richer Than Mukesh Ambani and Gautam Adani Combined?

In short: Emphatically, yes. Mukesh Ambani, chairman of Reliance Industries and Asia’s richest man, has an estimated net worth of about $113.7 billion. Gautam Adani, founder of the Adani Group, stands at roughly $66.7 billion. Together, their combined wealth is close to $180 billion — a staggering figure in its own right. Yet Musk’s fortune is more than four times that amount. Ambani oversees a $125-billion-revenue conglomerate spanning energy, retail, telecom and media, with Jio alone boasting over 500 million subscribers and a much-anticipated listing expected in 2026. Adani’s empire stretches across infrastructure, ports, airports, power and renewables. These are tangible, asset-heavy businesses that shape national economies. Musk’s wealth, by contrast, is driven by belief — belief in electric mobility, reusable rockets, artificial intelligence and interplanetary life. The comparison underscores a shift in global wealth creation: from industrial expansion to technological conviction.

Elon Musk’s Surprisingly Modest Home — And His Not-So-Modest Property History

Perhaps the most quoted paradox of Musk’s life is his living situation. Despite his astronomical net worth, Musk currently lives in a rented, prefabricated Boxabl Casita near SpaceX’s Starbase in Boca Chica, Texas. The tiny home costs around $50,000 and measures just under 400 square feet. The move was deliberate. In 2020, Musk announced he would sell “almost all physical possessions” to focus on Mars and artificial intelligence. Over the next year, he followed through, offloading mansions worth tens of millions. That said, Musk’s real estate past reads like a luxury property catalogue. In Bel-Air, he once owned multiple estates collectively valued at over $70 million. One of them — a 20,248-square-foot mansion with seven bedrooms, thirteen bathrooms, a tennis court, wine cellar and sweeping views of the Bel-Air Country Club — was his first major Los Angeles purchase. Another standout was the former home of actor Gene Wilder. Bought for $6.75 million, Musk transformed it into a private school called Ad Astra for his children and those of select SpaceX and Tesla employees. When selling it, Musk insisted the buyer preserve its “soul” — a rare emotional stipulation in high-end real estate. The house was eventually sold to Wilder’s family in an off-market deal, with Musk reportedly helping finance the purchase.

He also owned a boomerang-shaped home in Brentwood, modern houses overlooking canyons, and a sprawling 47-acre Hillsborough estate complete with hiking trails, a ballroom and its own reservoir. Most of these properties have since been sold, aligning with Musk’s shift towards extreme functional minimalism — though recent reports suggest he has purchased homes in Austin for his children and their mothers.

Inside Elon Musk’s Car Collection: From Bond Cars to Space-Bound Teslas

For a man reshaping the future of mobility, Musk’s garage offers an intimate glimpse into his personality. He famously owned a McLaren F1, one of the rarest and fastest supercars ever built, which he once admitted to crashing. He also owns the Lotus Esprit “Wet Nellie” — the submarine car from the James Bond film The Spy Who Loved Me — a collector’s item that perfectly blends fantasy with engineering. His collection includes a vintage Ford Model T, BMW classics like the 320i and M5, and a Porsche 935 “King of the Hill”. Naturally, Teslas dominate his daily driving — from the Model S and Model X to the polarising Cybertruck. In perhaps the most Musk-esque move imaginable, he launched an original Tesla Roadster into space aboard a SpaceX Falcon Heavy rocket, turning a car into a cosmic marketing statement.

Elon Musk’s Private Jets: Flying Billionaire-Style

Time is Musk’s most precious asset, and his aircraft reflect that reality. His fleet includes ultra-long-range Gulfstream jets, notably the G650ER and the newer G700. Valued at nearly $78 million, the G700 features multiple living areas, handcrafted interiors and extended range capabilities that allow Musk to move seamlessly between continents, factories and launch sites. Registered under aviation entities linked to Tesla and SpaceX, these jets are less about indulgence and more about operational efficiency — though the luxury is undeniable.