Inside Elon Musk’s Billionaire Lifestyle of Absurdly Pricey Stuff
Elon Musk, who’s worth an estimated $251.3 billion according to Forbes (as of June 2025), doesn’t spend like most billionaires. He rotates between extreme frugality and wild splurges. And by wild splurges, we mean some of the rarest items on Earth, from futuristic jets to century-old collectibles. Here’s how he burns through his billions.
Tesla
Credit: pexels
Musk owns around 21% of Tesla’s stock and options, though he’s used more than half of that as collateral for $3.5 billion in personal loans. Tesla’s market capitalization exceeds $600 billion. Despite the value, he rarely cashes out.
SpaceX
Credit: pexels
Founded in 2002, SpaceX was valued at nearly $150 billion following a $750 million tender offer in June 2023. Its Falcon 9 rockets launched 91 successful missions in 2023 alone, and the company now handles more than 70% of global satellite launches, far ahead of its nearest competitor.
Gulfstream
Credit: Wikimedia Commons
In 2023, Musk spent over 48 days in the air using a fleet of Gulfstream jets tracked by flight activity. His most expensive aircraft, a Gulfstream G700, set him back $75 million. He also owns a G650 and two G550s, which collectively cost about $199 million before maintenance and crew.
Boxabl
Credit: Instagram
The entrepreneur sold all his mansions and moved into a 375-square-foot prefab home by Boxabl in Boca Chica, Texas, in 2020. The tiny house, which costs $49,500, is compact yet features a full kitchen, bathroom, and a queen-sized bed. It is just a few minutes from the SpaceX launch site.
McLaren F1
Credit: flickr
Musk paid $1 million for a McLaren F1 in 1999 after selling Zip2. Only 106 were ever made, and their value exceeds $20 million as of 2024. He once crashed it without insurance while driving with PayPal co-founder Peter Thiel. He later joked that the car “didn’t have Autopilot.”
Twitter (X)
Credit: Wikimedia Commons
In April 2022, Musk acquired Twitter for $44 billion after initially buying a 9.1% stake. He now owns approximately 74% of the company, which he renamed X. The purchase resulted in mass layoffs and algorithm changes, as well as the introduction of paid verification services and long-form content tools for creators.
Richard Mille
Credit: Wikimedia Commons
The Richard Mille RM029 watch that Musk once wore costs around $200,000. It’s made from titanium and powered by an automatic movement. It’s one of the most sought-after models in the collection. He’s since swapped that out for an Omega Aqua Terra that retails for about $5,000.
The Boring Company
Credit: flickr
Musk launched The Boring Company to build underground tunnels to alleviate traffic congestion. In 2022, it raised $675 million at a valuation of $5.7 billion. The Vegas Loop, a real-world example, shuttles passengers between hotels and the convention center using Tesla vehicles in a single-lane tunnel system.
Gene Wilder’s House
Credit: Instagram
In 2013, Musk bought the late Gene Wilder’s Bel Air home for $6.75 million. The purchase was emotional as he promised not to alter the house’s quirky charm. He later rented it out to Wilder’s nephew and eventually sold it in 2020, saying it didn’t make sense to own so many homes.
Jaguar E-Type
Credit: Instagram
As a tribute to his engineering idols, Musk purchased a 1967 Series 1 Jaguar E-Type for roughly $100,000. Enzo Ferrari himself regarded the car as “the most beautiful car ever made.” He still refers to it as his dream machine.
Audemars Piguet
Credit: Wikimedia Commons
Musk also sports a $50,000 Audemars Piguet Royal Oak, known for its hexagonal bezel and integrated bracelet. It’s a low-profile flex in Silicon Valley circles. Unlike his Richard Mille, the AP tends to blend in with a hoodie and jeans, but still ticks the box for status watches.
Neuralink
Credit: flickr
Musk founded Neuralink in 2016, a company that aims to connect human brains to computers. In 2024, the company implanted its first chip into a patient, who later controlled a computer cursor using only their thoughts. The technology is still experimental, but it is backed by hundreds of millions of dollars in funding.
Tesla Roadster in Space
Credit: Wikimedia Commons
SpaceX used a Falcon Heavy rocket to launch Musk’s personal red Tesla Roadster into space in 2018, complete with a dummy named Starman in the driver’s seat (NASA). It’s been orbiting the sun ever since and is now the fastest car in the universe, by default.
Tesla Diamond Ring
Credit: Facebook
Jeweler Ben Baller gifted Musk a one-of-a-kind Tesla ring made of diamonds and rubies worth over $37,000. It was designed to mimic the Tesla logo and brand colors and was Baller’s way of thanking Musk for creating 50,000 jobs in the U.S. It’s never been replicated or sold.
Lotus Esprit Submarine
Credit: Wikimedia Commons
As a 007 fan, Musk bought the actual submarine car from the 1977 Bond film “The Spy Who Loved Me” at auction for $900,000 in 2013. It couldn’t really drive underwater, but he wanted to retrofit it with electric parts from Teslas to make it work. The car is now stored at Tesla HQ.