For a man with a net worth spanning twelve digits, Elon Musk lives a Spartan life. This is something that separates him from other Establishment billionaires and the gaudy riche.

By contrast, Musk – while he started off following the same path of accumulation and ostentation – has reduced his home surroundings to one of the cheaper, more minimalist options you could find.

He resides in a prefab, modular home that he rents from SpaceX in Boca Chica, Texas. The Boxabl Casita, a foldable home just nineteen feet by nineteen feet, costs $60,000, less than most Tesla models. “It’s kinda awesome, though,” as Elon tweeted in June 2021.

Other times, he would rather crash on the couch at a friend’s place than hole up in a five-star hotel.

Musk didn’t earn his first billion dollars until age forty-one in 2012, largely via Tesla and SpaceX. In May 2020, he announced that he would sell “almost all physical possessions” and stop owning any home, once he had fled California and moved to Texas.

As he put it on Joe Rogan’s podcast in May 2020: “I think possessions really weigh you down, and they’re kind of an attack vector.

The next year, he sold off seven homes he had accumulated around Los Angeles for more than $100 million. Elon eliminated these assets from his life, even though it made him sad to do this. He saw these trappings of wealth as an unnecessary distraction and obligation. Reduce, simplify, shed the unnecessary.

This minimalist, trimming-back regimen shows up in many aspects of how Musk builds his businesses, leads his workers, and manages his career. It shows up in the way he lives his life.

MARIE KONDO vs ELON MUSK

The rest of us really ought to cut back on our possessions and the unnecessary complexities in our lives. The Japanese simplicity sermoniser Marie Kondo built a multimillion-dollar business advising people on how to declutter and cut back. Yet Marie Kondo has nothing on Elon Musk.

His entire being seems anchored by a devotion to minimalism and doing more with less: producing more Teslas with fewer people, building cars and spaceships powered by as few moving parts as possible, streamlining factory processes to reduce steps and stations.

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