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2024-12-11
Elon Musk has squashed rumors of him purchasing a lavish penthouse in Palm Beach, Florida, previously owned by the late beauty mogul Sydell Miller.
Fueling the Fire:
The speculation started with a Page Six report claiming Musk expressed interest in the property. The opulent penthouse, comprising two separate apartments, reportedly cost Miller $42.56 million. However, Page Six suggested Musk might be willing to shell out a whopping $100 million for it. Spanning a luxurious 19,000 square feet, the property boasts art by renowned artists like Picasso, Miró, and Chagall. Its proximity to Mar-a-Lago, former President Donald Trump’s residence, further fueled the rumors.
Musk Sets the Record Straight:
Musk took to a social media platform (article doesn’t specify which) to directly address the rumors, stating, “I’m not buying or building a house anywhere.” This aligns with Musk’s recent aversion to lavish living.
A Life Less Luxurious:
Musk’s denial isn’t surprising. The tech mogul has shed his taste for luxury real estate in recent years. He once owned multiple high-end homes in California but has since sold them all. Notably, his last remaining California property went on the market in June 2021.
In a 2022 conversation with TED chief Chris Anderson, Musk revealed he often “couch surfs” at friends’ places when traveling. This was despite being the world’s richest person at the time. Today, his primary residence is a modest $50,000 prefab home in Starbase, Texas, situated near SpaceX’s Starship factory.
What Undercode Says:
Elon
Focus on Work: By minimizing personal expenses like housing, Musk might be directing more resources towards his ambitious ventures like Tesla, SpaceX, and Neuralink.
Leadership by Example:
Tax Efficiency: Living in a more affordable location like Starbase, Texas, could offer potential tax benefits.
Personal Preference:
It’s important to note that Musk’s social media activity can be impulsive at times. While his denial seems clear, the possibility of a future high-end purchase can’t be entirely ruled out. However, based on his current actions and priorities, it seems unlikely the Palm Beach penthouse will be his next address.
References:
Reported By: Teslarati.com
https://www.stackexchange.com
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