Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Elon Musk and Kanye West are getting into real estate now

05/07/2018

Download PDF

Kanye West and Elon Musk both took to Twitter to express their real estate ambitions over the past few days.

On Sunday, Kanye West tweeted that he wanted to an architecture arm to his company Yeezy, which currently sells West’s signature clothes and signature shoes.

“We’re looking for architects and industrial designers who want to make the world better,” West tweeted. His comment drew widespread online speculation on just what such an architecture arm would do.

Elon Musk tweet

West has stepped up his talk about moving into the real estate realm this month; last week, he showed prominent radio and television host Lenard McKelvey (also known as Charlamagne that God) 300 acres of property that he wanted to transform into a housing community.

“If anyone has ever been to any of my cribs, they know I’m super into developing homes,” West said in the video interview. “It’s just the next frontier to me: to develop.”

The 12 leading listing sources of top producers Tom Ferry reveals where to find listings today READ MORE

Along with West, tech business magnate Elon Musk also tweeted about plans to expand into the housing market, saying his startup the Boring Company will use leftover dirt from the tunnels it’s digging under L.A. for a transit network and use it to make low-cost housing.

“The Boring Company will be using dirt from tunnel digging to create bricks for low cost housing,” Musk, who is known for his innovative aerospace and transportation initiatives including SpaceX and Tesla, wrote on Twitter.

Elon Musk tweet

As of press time, Musk did not elaborate further on how this plan would work in practice — such as where the housing would be built, how much of it, who would qualify and other details. But that is characteristic of his announcement style

Unlike with West, Musk’s foray into real estate comes as less of a surprise. In 2016, Musk announced the Tesla Solar Roof, shingles that generate energy from the sun but look similar to and provide similar weatherproofing as traditional roofing materials. Tesla has already begun shipping and installing the Solar Roofs to customers as of April 2018. No word yet on whether Musk’s new affordable housing will ship with these roofing tiles, or if he and West will be collaborating on real estate plans.

Kanye stopped by the SpaceX rocket factory today. pic.twitter.com/6z7gHBn6

— Elon Musk (@elonmusk) December 24, 2011

Email Veronika Bondarenko

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • Mission Chronicle Newsletter July 24, 2023

    Mortgage rates continued to press downward last week after the previous week's CPI data pointed to e...

  • Mission Chronicle Newsletter Feb 20, 2023

    Despite the recent downward trend in mortgage rates and hopes that the Fed was nearing the end of it...

  • Mission Chronicle Newsletter Feb 6, 2023

    The Federal Reserve meeting ended as market participants expected, with a quarter-point increase and...

  • Mission Chronicle Newsletter Dec 26, 2022

    Mortgage rates held relatively steady last week as most economic news came in better than expected.C...

  • Mission Chronicle Newsletter Dec 12, 2022

    Rates managed to move slightly downward last week as recession fears grew amid hopes that the Fedis ...

  • Mission Chronicle Newsletter Dec 5th 2022

    Mission Chronicle Newsletter Dec 5th 2022. Platforms: Browser, mobile-responsiveIdeal for: Leasing a...

  • Inman Review: Tenants and leasing teams get better connected with RentTango

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Tech Review: Smart Alto puts people first in its innovative lead qualification solution

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Refreshed and nurture-savvy, Market Leader’s CRM deserves your attention

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • The top 4 tips to improve your negotiation skills

    In today’s luxury real estate market, strong negotiation skills are an asset—you might even say ...

April 2024
Mon Tue Wed Thu Fri Sat Sun
1234567
891011121314
15161718192021
22232425262728
2930  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...