Elon Musk, co-founder of Tesla Automobile and SpaceX, the world’s richest man, has denied reports on social media that he lives in a well-known thrifty small house called Boxabl, but has denied the allegations.

Musk was the first to respond when asked by a Twitter fan. He replied that he lived in a $ 50,000 house in South Texas.

“I do not live in a Boxabl house,” he explained. He says he still thinks the company that makes frugal homes has a “great product.”

Elon Musk previously revealed that he lived in a $ 50,000 home in Boca Chica, Texas, where SpaceX is headquartered. In his Twitter message since June, Mr Musk said he had rented a house from SpaceX and did not own any houses other than one in the Bay Area.

At the time, several media outlets reported that Tesla and the CEO of SpaceX had moved into a small house prefabricated by Boxabl, a company that makes boxes with boxes that can be shipped anywhere in the world, and set it up bent.

Boxabl itself said in an October blog post that “Elon Musk’s little house is a Boxabl casita.”