In 2012, Elon Musk paid $17 million for a 16,251-square-foot Bel-Air mansion with rooftop solar; 8 years later, he sold it for $29 million

Economic Times - Sep 17, 2026

In 2020, Elon Musk made headlines by selling a lavish Bel-Air mansion at a hefty profit. This sale unfolded against a backdrop where countless young adults confronted an increasingly unaffordable housing market. With home prices spiraling, Musk's lucrative real estate dealings highlight a stark divide between his financial gains and the struggles of a generation unable to secure proper housing.

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