Elon Musk reportedly lives in a $50,000 prefab tiny home that already has a 100,000-unit waitlist

A photo shared with Insider appears to show Boxabl delivering a Casita to SpaceX.Jorge Ramirez
  • Las Vegas-based Boxabl is creating the $49,500 Casita, a 375-square-foot prefab tiny home.

  • Elon Musk reportedly lives in a Casita, which already has a 47,000-person waitlist.

  • Take a tour inside the tiny home, which has a bedroom, bathroom, living room, and kitchen.

Tiny homes have become an undeniably popular alternative to the classic family home or apartment.

The exterior of the Casita. Boxabl

The little living units have become so popular, they've attracted the attention of one of the world's richest men: Elon Musk …

A photo shared with Insider appears to show Boxabl delivering a Casita to SpaceX.

… who lives in a $50,000 tiny unit that he rents from SpaceX in Boca Chica, Texas, the multibillionaire tweeted in June.

Curious about the tiny home that now houses a man who could afford countless mansions instead?

Well, he reportedly lives in the Casita, a $49,500 375-square-foot unit created by Las Vegas-based Boxabl.

In November 2020, Boxabl announced it had installed a Casita in Boca Chica, Texas for a "top secret customer."

A photo shared with Insider appears to show Boxabl delivering a Casita to SpaceX

"Pretty exciting to have these guys as our initial customer," Boxabl founder Galiano Tiramani said in a YouTube video. "I think it indicates that people agree that we're on to something big here."

The dining area

Tiramani did not confirm Musk's residency inside the prefabricated Casita with Insider, but the company hasn't shied away from alluding to its potential role in the tech powerhouse's tiny home.

The interior of the Casita.

But Boxabl's identity doesn't just center around the rumored interest from Musk.

A Boxabl unit being moved with a Tesla.

The company's short history spans back to 2017, when the Las Vegas team decided to create its tiny homes after it saw a "huge opportunity to transition building construction worldwide into the factory assembly line," just like any other everyday product, Tiramani told Insider.

The exterior of the Casita.

"There's a number of reasons why housing hasn't really worked in the factory yet, so we've gone through it and solved all those problems," he said.

Boxabl logo on the side of a unit.

According to Tiramani, other prefab home makers struggle with one glaring issue: shipping logistics.

A Boxabl unit being moved.

But unlike other prefab homes, the Casitas can be folded down from 20 feet to about 8.5 feet while it's being transported on a truck or towed by a pickup truck.

A Boxabl unit being moved with a Tesla.

However, shipping could still cost anywhere between $2 to $10 per mile from its headquarters in Las Vegas.

The exterior of the Casita.

But if the customer is willing to pay more for shipping, the homes can also be sent overseas or sent by rail.

A single and two-floor Casita.

Almost all of the Casita's finishes - such as the kitchen, bathroom, electrical, plumbing, and HVAC - are completed in the factory before it's shipped out.

A look inside the Casita.

So when the Casita arrives at its final destination, the home just needs to be unfolded (which takes a few hours) and then attached to its foundation and utilities, before it's totally move-in ready.

The Casita.

The 19.5-foot by 19.5-foot buildings can also be stacked and connected to create larger buildings. But if you're just looking for a bigger prefab home, wait a bit. Tiramani notes the company still plans to release larger units in the future.

But starting out with the "trendy, cool, and popular" tiny homes was strategic since it's hooked the eyes of more customers, according to Boxabl's founder.

A single and two-floor Casita.

But Boxabl isn't popular just because of its tiny homes.

A two-floor Casita.

The time, cost, and labor-efficient nature of creating homes in factories amid our housing shortage has been pushing more attention onto prefabrication, whether it be the Casita or other factory-built homes, like 3D printed units.

But back to Boxabl. The Casita has attracted more people than just tiny home enthusiasts and potentially Elon Musk.

The bedroom.

Boxabl has a waitlist of 47,000 customers, and over 2,000 customers have already put down a deposit.

The interior of the Casita.

And many of these future clients - such as bigger companies - want more than one unit, so the "real demand for this initial product is incredibly massive," Tiramani said.

Setting up the Casita units.

The waitlist is just shy of 50,000 people, but in terms of the quantity of the homes, Boxabl has already seen interest for over 100,000 units.

A two-floor Casita.

And the company doesn't attribute all of this popularity to the Musk rumors.

A two-floor Casita.

With the help of influencer and social media marketing, the Las Vegas business already had a waitlist of 40,000 people before it started receiving attention from Musk fans.

A single and two-floor Casita.

But its waitlist then jumped to 47,000 people when the SpaceX rumors broke.

The interior of the Casita.

"The target audience heard about this beforehand, and then the Musk press brought in general audience interest, maybe someone who didn't care about housing," Tiramani said.