<p>According to informed sources, Igor Babuschkin, co-founder of Elon Musk's xAI company, has agreed to purchase a penthouse overlooking London's Hyde Park for approximately £57 million. This marks the most expensive residential transaction in the UK in over a year. It is the first residential order in London exceeding £50 million since a luxury property in Regent's Park was sold for about £139 million at the end of 2024</p>

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<p>Igor Babushkin, co-founder of Elon Musk's xAI company, agreed to purchase a penthouse overlooking London's Hyde Park for £57 million. This is the most expensive residential transaction in the UK in over a year and the first residential order in London exceeding £50 million since the sale of a mansion in Regent's Park for approximately £139 million at the end of 2024</p>

xAI co-founder plans to purchase a luxury penthouse in London for £57 million