Is Elon Musk on his way to becoming a Florida resident? The founder of Tesla and SpaceX appears to have taken a liking to the Sunshine State, particularly Palm Beach, as indicated by the increasing amount of time he has spent at Mar-a-Lago since the election. It’s no surprise that Musk would want to stay close to President-elect Donald Trump, given his emerging role as an unofficial “First Buddy” and his new position as co-leader of the Department of Government Efficiency, or D.O.G.E. This growing connection underscores Musk’s involvement in Trump’s orbit and highlights his expanding influence in government-related initiatives.
So where might the 53-year-old South African-born billionaire choose to settle down? Given his immense wealth and influence, he could truly lay his head wherever he pleases. However, rumors are circulating that Elon Musk, who became a U.S. citizen in 2002, may be interested in acquiring the penthouse formerly owned by the late beauty mogul Sydell Miller. This luxurious residence is located in the prestigious Bristol building, one of Palm Beach’s most sought-after addresses. If true, the move would further solidify Musk’s growing presence in the area.
The 25-story waterfront condominium, situated just a short distance from the iconic Worth Avenue, offers all the luxuries and amenities a billionaire bachelor like Elon Musk could desire. The Bristol is more than just a residence; it’s a statement of exclusivity and sophistication. From a world-class spa and state-of-the-art fitness center to a stunning pool and dedicated concierge services, the building is designed to cater to every need.
A description of The Bristol highlights its unparalleled, resort-like offerings, noting that “every detail has been thoughtfully tailored to strike a balance of optimal comfort, elite service, and refined accommodation.”
Inside, the tranquil and private living spaces boast the finest finishes, including meticulously crafted woods, exquisite natural stones, and imported custom fittings. The lush, manicured landscaping surrounding the building pays homage to the timeless elegance and heritage of classic Palm Beach, making The Bristol the epitome of luxury living.
According to local outlet The Palmer Report, the family of the late beauty mogul Sydell Miller is reportedly considering selling her massive 19,000-square-foot penthouse — actually two combined apartments — to Elon Musk. The deal, if finalized, would be for a staggering $100 million, a record-breaking sum for the area. Miller originally purchased the penthouse in 2019 for $43 million, shortly after the luxury Bristol building was completed, as reported by The Real Deal.
As for where Elon Musk currently resides, his living situation has been somewhat unconventional in recent years. In 2020, during the height of the COVID-19 pandemic, Musk, who was previously based in Los Angeles, made headlines when he announced his decision to sell off all of his physical possessions. Following this declaration, he proceeded to list seven of his California homes for sale, signaling a shift away from traditional property ownership and toward a more minimalist lifestyle.
“I will have no house,” Elon Musk famously tweeted back in 2020, well before his acquisition of Twitter, which he later rebranded as X. True to his word, Musk adopted a minimalist approach to living, eschewing the opulent real estate holdings typically associated with billionaires.
According to the Houston Chronicle, the world’s richest man—whose net worth was estimated at $365 billion as of Tuesday—currently resides in a modest, rented home near SpaceX’s headquarters in Starbase, Texas. Despite his unconventional lifestyle, Musk remains deeply connected to his family. The father of 11 children, whom he shares with three different women, reportedly purchased a “secret compound” in Austin to accommodate his growing brood.
Conveniently, Austin is just a three-hour flight to South Florida aboard one of Musk’s many private jets, making it easy for him to maintain his increasingly frequent visits to Palm Beach and Mar-a-Lago. This arrangement allows him to balance his professional endeavors, family commitments, and burgeoning ties to Florida seamlessly.
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