---
title: "Boxabl pops up in Elon Musk-related news, and it's selling preferred stock (updated)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293371542.md"
description: "Boxabl, a prefab home manufacturer, is in the news due to reports that Elon Musk resides in one of its $50,000 units. Concurrently, Boxabl has raised $16 million of a $50 million target from a preferred stock offering. The funds will support manufacturing expansion and raw material purchases. The company filed for an IPO-convertible stock offering earlier this year."
datetime: "2026-07-21T17:31:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293371542.md)
  - [en](https://longbridge.com/en/news/293371542.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293371542.md)
generator: "portal-rs"
---

# Boxabl pops up in Elon Musk-related news, and it's selling preferred stock (updated)

Boxabl, a closely held company that's started a preferred stock offering, is popping up in the news on reports that multi-billionaire Elon Musk is living in one of the firm's $50K prefab homes on SpaceX property in Texas. The company was founded by industrial designer and engineer Paolo Tiramani, who is currently its CEO and majority shareholder, a...

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**