Inside Elon Musk’s Billionaire Life: The Most Expensive Purchases Ever

Elon Musk, whose net worth Forbes estimated at $251.3 billion as of June 2025, spends in ways that alternate between extreme frugality and extravagant purchases. His acquisitions range from cutting-edge aerospace ventures to rare vintage collectibles. Below is a clear look at where his money goes and what he owns, described in fluent English and organized for easy reading.

Tesla

Musk owns approximately 21% of Tesla through stock and options. He has used a portion of that stake as collateral for personal loans, but he rarely liquidates large positions. Tesla’s market value sits well over $600 billion, and the company remains the core of his public persona and much of his fortune.

SpaceX

Founded in 2002, SpaceX has grown into a leading private space company. After a $750 million tender offer in June 2023, the company’s valuation approached $150 billion. SpaceX’s Falcon 9 rockets flew dozens of missions in recent years and the company now handles a dominant share of global satellite launches.

Gulfstream Jets

Musk has spent significant time traveling by private jet. In 2023 he logged over 48 days in the air on a fleet of Gulfstream aircraft. His most costly plane, a Gulfstream G700, is valued around $75 million. Additional Gulfstreams in his collection—such as a G650 and two G550s—raise the fleet’s purchase cost into the hundreds of millions before considering maintenance and crew expenses.

Boxabl Tiny House

In a notable contrast to lavish tastes, Musk sold several homes and moved into a 375-square-foot prefabricated Boxabl house near SpaceX’s Boca Chica launch site. Priced around $49,500, the compact unit includes a full kitchen, bathroom, and a queen-size bed—an economical and practical choice close to work.

McLaren F1

After selling Zip2, Musk bought a McLaren F1 in 1999 for roughly $1 million. That model is exceptionally rare—only 106 were produced—and values have since soared, with examples selling for tens of millions of dollars. Musk once crashed the car while driving with a co-founder of PayPal, quipping later about the lack of Autopilot.

Twitter (now X)

In April 2022, Musk completed the acquisition of Twitter for $44 billion after initially buying a minority stake. He rebranded the platform as X and implemented sweeping operational changes, including workforce reductions and new monetization features like paid verification and expanded content formats.

Richard Mille Watch

At one time Musk wore a Richard Mille RM029, a luxury watch whose retail price is in the low six figures. Made from lightweight materials like titanium and featuring automatic movement, it’s a coveted model. He has since been seen wearing a more modest Omega Aqua Terra.

The Boring Company

The Boring Company focuses on tunneling and urban transit projects. It raised significant capital—$675 million at a reported $5.7 billion valuation in 2022—and has built practical systems such as the Las Vegas Loop, which uses electric vehicles in single-lane tunnels to transport passengers between major destinations.

Gene Wilder’s Bel Air Home

In 2013 Musk purchased the Bel Air home formerly owned by actor Gene Wilder for $6.75 million. He pledged to respect the property’s character and at one point rented it to Wilder’s nephew. Musk later sold the house in 2020, citing a desire to reduce the number of properties he owned.

Jaguar E-Type

Musk owns a 1967 Series 1 Jaguar E-Type, purchased as a tribute to classic automotive engineering. Often praised for its beauty—including praise from Enzo Ferrari—the E-Type remains one of the most iconic sports cars in history and a treasured piece in Musk’s collection.

Audemars Piguet Watch

Musk has been seen wearing an Audemars Piguet Royal Oak, a luxury timepiece with a distinctive octagonal bezel and integrated bracelet. Priced around $50,000, the Royal Oak is a subtler status symbol that fits into the casual Silicon Valley aesthetic.

Neuralink

Founded in 2016, Neuralink develops brain–computer interface technology. The company reported early milestones in human trials, including a patient controlling a cursor with thought, and has received substantial private funding to continue experimental research.

Tesla Roadster Launched into Space

In 2018 SpaceX used a Falcon Heavy rocket to send Musk’s personal red Tesla Roadster into heliocentric orbit, accompanied by a mannequin dubbed “Starman.” The stunt captured global attention and left the car as an unconventional, long-term payload orbiting the sun.

Tesla Diamond Ring

Jeweler Ben Baller created a custom ring for Musk featuring diamonds and rubies arranged to evoke the Tesla logo. Valued at over $37,000, the unique piece was a one-off gift meant to celebrate Musk’s contributions to American jobs and industry.

Lotus Esprit “Submarine” from James Bond

A longtime James Bond fan, Musk purchased the Lotus Esprit submarine prop from the 1977 film “The Spy Who Loved Me” at auction for about $900,000. The original prop wasn’t a functional submersible, but Musk expressed interest in retrofitting it with electric components and has kept it in secure storage.