One of the wealthiest people on the planet, Elon Musk, has chosen to live in a small, modest house designed using modular technology. The 50-year-old American entrepreneur rented it at the launch pad of his own company, SpaceX, located in the Texas commune of Boca Chica. Musk recently announced this on his Twitter page. The leased object is priced at $50,000 and is cheaper than the base Tesla Model S.

Over the past year, Musk has organized a sale of all his real estate in order to concentrate entirely on his main mission of building an autonomous settlement on Mars.

The modular house in which the entrepreneur is now supposedly living does not exceed the size of a «one-room apartment»: its total area is 35 sq. m. The property was designed by the Boxabl company, which is famous all over the world for its tiny but stylish houses. They are organized as studio apartments with an open-plan living room as well as a kitchen, bedroom and bathroom.

Boxabl was founded in 2017 in Las Vegas. Its main goal is to build prefabricated houses that can be transported anywhere. According to Galiano Tiramani, one of the founders of Boxabl, the company sets itself the task of massively building real estate on a scale and at a cost that has not previously been seen on the construction market. This is done to make housing more affordable for buyers from around the world.