Yes, Elon Musk Owns a Boxabl, Here’s Everything You Need To Know

Caleb Naysmith
Democratizing.Finance
3 min readJan 27, 2022

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Dispelling rumors, and clarifying this confusing situation.

Boxabl has been making headlines recently for a number of reasons. After an investor update recently, it was announced they are raising funds at an over $2 Billion valuation, meaning StartEngine investors are sitting on over 10x unrealized gains from their investment. Another interesting aspect of this is has been the rumors that Elon Musk owns or lives in a boxabl. He said he lives in a $50,000 house near his Starbase in Texas, but as it was confirmed by him on Twitter, and a few other sources, he actually doesn’t live in a Boxabl. That being said, just because he doesn’t live in a Boxabl, that doesn’t mean he doesn't own one.

To learn more about Boxabl, read a comprehensive guide here:

To finally put the rumors to rest, someone was actually able to grab a picture of a Boxabl on Elon Musks Starbase.

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Caleb Naysmith
Democratizing.Finance

Head of Startup News at Benzinga, Founder of Democratizing.Finance — J.D., Army Officer, and writing about Startups and Equity Crowdfunding!