Stay informed with our newsletter.

Icon
Fashion & Lifestyle
October 30, 2024

Elon Musk purchases $35M Texas mansion for his 11 children and moms

Elon Musk has purchased a $35 million mansion in Texas intended for his 11 children and their mothers. This significant acquisition underscores Musk's focus on family as he establishes a new residence in the Lone Star State. The luxurious property is part of Musk's ongoing efforts to create a supportive environment for his family while accommodating their needs in a new location.

Tesla and SpaceX CEO Elon Musk has reportedly made a significant move in his real estate endeavors by acquiring a 14,400-square-foot mansion in Texas.

Tesla and SpaceX CEO Elon Musk has reportedly made a significant move in his real estate ventures by purchasing a 14,400-square-foot mansion in Texas for $35 million (approximately Rs 295 crore), designed to accommodate his large family, which includes 11 children and their mothers.

The estate features a Tuscan-inspired villa and includes a six-bedroom mansion that Musk also acquired next door, according to a report by The New York Times. Sources revealed that Musk preferred to keep the details private and required the sellers to sign non-disclosure agreements. “He offered some homeowners 20 to 70 percent above the value of their houses,” the NYT report stated, citing insiders.

Reports indicated that the tech billionaire intends for his children and two of their three mothers to live in these neighboring properties, allowing his younger kids to grow up together. Musk has five children with his first wife, Justine Wilson, whom he married from 2000 to 2008. He also has three children with musician Grimes, with whom he is currently engaged in a legal dispute over custody. Additionally, Musk has three children with Shivon Zilis, an executive at Neuralink, one of his companies.

According to the NYT report, Zilis, 38, has already moved into one of the properties along with her children. Meanwhile, Musk recently raised concerns about a “financial emergency,” noting that annual U.S. government interest payments have now exceeded $1 trillion, surpassing the entire budget of the Defense Department.

In a public campaign supporting former U.S. President Donald Trump, Musk pointed out that interest payments now account for 23% of all federal tax revenue, as the national debt has skyrocketed to $35.7 trillion.

For questions or comments write to writers@bostonbrandmedia.com

Source: News18

Stay informed with our newsletter.