2023-06-07 05:53:00 ET
Elon Musk wears a lot of different hats. He's best known as the CEO of Tesla . Musk is the founder of SpaceX and The Boring Company as well as the co-founder of Neuralink. He owns Twitter, only recently stepping aside as CEO.
But there's one hat you probably didn't know Musk wears: real estate pundit. The multibillionaire recently made a dire prediction about home prices.
Venture capitalist David Sacks, who worked with Musk during the early days of PayPal , tweeted last week about the major problems facing the U.S. commercial real estate market. Musk responded with the following tweet:
For further details see:
Elon Musk Says Home Prices Will Plummet -- But This Type of Real Estate is Practically Minting Money for Investors