with a private boat port, a beachfront pool, and a jacuzzi. In 2018, Howery paid more over $12 million for it, which established a record for the Austin
the time’s real estate market. The mansion’s value has probably grown considerably since then due to Austin’s soaring real estate market.
Musk earlier said that he would “own no house” by selling all of his California properties, including nine mansions, for a total of $144 million.
His desire to raise money to execute stock options that are about to expire has been connected to this calculated maneuver. According to the Wall Street Journal,