Elon Musk says he lives in a $45,000 house: "It's very small"

Elon Musk, the world's wealthiest person, said his main home is now a three-bedroom property that he bought for $45,000, chiefly for its location in Boca Chica, Texas, near his SpaceX facility.

"It cost like $45,000 or something," Musk said on the Full Send podcast, which aired late Thursday. "It's very small."

The home is within walking distance of the facility where SpaceX is working on building "a giant rocket," Musk added. He noted that he also has a Boxable tiny home in Boca Chica, which he uses as a guest house for friends who come to visit.