Elon Musk announced in 2020 that he was selling almost all physical possessions and would no longer own a house. Prior to that, he had accumulated a substantial real estate portfolio in California and Texas, including multiple mansions with amenities like pools and tennis courts. Musk stated that the sales were not solely about money but about dedicating himself to Mars and Earth. He has since sold most of his known properties but has purchased a few more homes.
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