SMRTR TechNov 9, 2025BBC News

What does Elon Musk do with all his money?

SMRTR summary

Elon Musk, the world's first half-trillionaire, lives surprisingly modestly despite his enormous wealth, reportedly residing in a $50,000 Texas home and previously claiming to be "homeless" while staying at friends' houses. He sold his $100 million real estate portfolio in 2020, stating possessions "weigh you down," though he splurges on luxury cars and private jets for work efficiency. His most notable purchase was Twitter for $44 billion in 2022, while his philanthropy remains controversial and unconventional.

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