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Elon Musk denies WSJ report claiming he lives in Austin riverside mansion

Musk has previously stated he sold his properties and now lives in a $50,000 home in Boca Chica.

AUSTIN, Texas — Those curious about where the enigmatic Elon Musk lives when he conducts business in the Austin area will have to remain in the dark.

On Tuesday, The Wall Street Journal published a report claiming the Tesla and SpaceX CEO has been living in a mansion on the Colorado River near Mount Bonnell owned by billionaire Ken Howery, a former colleague from his time working at PayPal and former U.S. Ambassador to Sweden under President Trump, while he has been hunting for a "trophy property" in the Austin area.

However, in a statement released to Insider, Musk denied those claims.

"The WSJ article is false. I don't live there and am not looking to buy a house anywhere," Musk told Insider via email.

If the Journal's report is true, it contradicts statements Musk has made in the past, including a tweet that he was "selling all physical possessions" and "will own no house," and previous reports that he was living in a $50,000 property in Boca Chica, Texas, near Starbase.

So, where did The WSJ get its information? That's also an enigma. In its report, the Journal only cites "people close to the matter." 

Here's an overview of some of the report's claims:

  • Howery's property was the most expensive listing in Austin when it was sold a few years back. It sold for $12 million in 2018.
  • It includes 8,000 square feet of interior space, a waterfront pool, jacuzzi, private boat slip, multiple gates and a guardhouse. It is located in a development known as "Watersedge."
  • Musk and his representatives have "engaged a series of Austin-based real estate agents to hunt for a trophy property in the area."
  • Musk expressed interest in a property owned by Austin jewelry designer Kendra Scott, but he was a "no show" at multiple appointments to tour the home.

Austinites have been wondering about Musk's potential pad ever since Tesla picked Austin for its billion-dollar Gigafactory in July 2020. And although Tesla officially moved its headquarters to Austin earlier this month, where Musk chooses to lay his head in the booming Austin real estate market will likely remain a mystery.

To read the full WSJ report, click here.


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