Latest news with #Boxabl
Malaysian Reserve
5 days ago
- Business
- Malaysian Reserve
BOXABL Launches Search for New Directors and Executive Leadership
LAS VEGAS, July 7, 2025 /PRNewswire/ — As BOXABL prepares for its next stage of growth and expansion, the company is initiating a search for new members of the Board of Directors and Executive C-Suite. This strategic leadership expansion aims to position BOXABL for long-term success as it increases manufacturing capacity and continues to grow its market presence. The company is focused on identifying exceptional individuals with a proven track record of building and scaling high-growth ventures. BOXABL is particularly interested in candidates with extensive experience in the following fields: Operations & Manufacturing Scale Finance & Capital Markets Military & Government Partnerships Mass Merchant Retail & Distribution Digital Systems & Infrastructure Government Affairs & Lobbying 'Boxabl is approaching a significant inflection point in its growth,' said Paolo Tiramani, CEO. 'We're seeking visionary leaders who can help guide the company through its next phase and bring deep expertise in critical growth areas.' Selected individuals will play a vital role in shaping BOXABL's trajectory and contributing to its mission to deliver affordable, high-quality housing at scale. Interested candidates are invited to send their professional biography and cover letter to hello@ About BOXABLBOXABL is a Las Vegas-based technology company dedicated to transforming the housing industry through innovative manufacturing and design. With a focus on affordability, sustainability, and scalability, BOXABL's patented technology enables the mass production of high-quality, cost-effective homes. The company has attracted over 50,000 investors and raised more than $200 million to support its vision of addressing the global housing crisis. For more information about BOXABL and its mission, visit Forward-Looking Statements:This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding BOXABL's board search, public company transition, and proposed business combination with a SPAC. These statements are subject to risks and uncertainties, and actual results may differ materially. For more information on these risks, please refer to BOXABL's filings with the Securities and Exchange Commission.
Yahoo
21-06-2025
- Business
- Yahoo
'Possessions Kind of Weigh You Down'— Elon Musk Is the Richest Man In The World But Avoids These 5 Pricey Purchases Most People Can't Resist
With a net worth of $344 billion as of this month, Elon Musk could buy just about anything. But instead of throwing his money at mansions, Michelin stars, or Maybachs, he's opted to live like someone trying to stretch a student loan refund. In his own words, Musk tweeted on May 1, 2020: "I am selling almost all physical possessions. Will own no house." And during a May 8, 2020 interview on "The Joe Rogan Experience", he added: "I think possessions kind of weigh you down. They're kind of an attack vector." Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can Here are five major things Musk refuses to waste money on—even though he easily could. Between 2020 and early 2021, Musk sold seven homes in California, including multiple Bel-Air properties. The total price tag? Over $100 million. Rather than upgrade, he reportedly moved into a $50,000 Boxabl prefab home near SpaceX headquarters in Boca Chica, Texas. It's a 375-square-foot cube—modest even by non-billionaire standards. In a March 2022 interview with Vanity Fair, Canadian musician Grimes—Musk's former partner and the mother of three of his children—described his lifestyle as anything but billionaire-like. "Bro does not live like a billionaire," she said. "Bro lives at times below the poverty line." She recalled their time living in a "$40,000 house" with no security and neighbors who could easily film them. At one point, she said she was eating peanut butter for eight days straight. But the most telling example? Their mattress had a hole in it—and Musk still refused to replace it. Instead, he suggested they just switch sides. Trending: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Musk doesn't even technically have a primary residence. In a 2022 TED interview, he told host Chris Anderson: "I don't even own a place right now, I'm literally staying at friends' places." In a 2015, Google co-founder Larry Page shared a story with Ashlee Vance, the author of Elon Musk's first biography, "Elon Musk: Tesla, SpaceX and the Quest for a Fantastic Future." Page recalled Musk occasionally reaching out for a place to crash, saying: "He'll email and say, 'I don't know where to stay tonight. Can I come over?'" Page added with a laugh that Musk was "kind of homeless, which I think is sort of funny," offering a glimpse into the billionaire's unusually casual and nomadic lifestyle. And way back in 1999, Musk told CNN: "Three years ago, I was showering at the YMCA and sleeping on the office floor. Now I have a million-dollar car." At 17, Musk decided to test whether he could survive as an entrepreneur by living on just $1 a day for food. It wasn't a stunt—it was a personal challenge to see if he could handle the financial uncertainty that came with starting a business. He described the experiment during an interview on Neil deGrasse Tyson's "StarTalk": "In America it's pretty easy to keep yourself alive. So my threshold for existing was pretty low. I figured I could be in some dingy apartment with my computer and be okay, and not starve." During the Zip2 startup years, he ate Jack in the Box and White Castle burritos, showered at the YMCA, and funneled every spare dollar into the recalled the infamous crash himself during an interview with Sarah Lacy for PandoDaily. After selling Zip2, he had purchased a McLaren F1 and decided to show it off to PayPal co-founder Peter Thiel. "Watch this," Musk said—then floored it, spun out, and launched the car into the air before crashing. His reaction afterward? "It wasn't insured." Since then, Musk has stuck with practical models. He mostly drives a Tesla Model S or Cybertruck. He's also dismissed the idea of building a budget Tesla under $25,000, calling it "silly" during a 2024 Tesla third quarter earnings calls. Musk could afford anything. But time and again, he chooses not to. Whether it's sleeping on friends' couches, keeping a broken mattress, or skipping dinner reservations for dollar menus, Musk lives like a man focused on Mars—not material things. And as far as he's concerned, that's the point. Read Next: Here's what Americans think you need to be considered wealthy. Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article 'Possessions Kind of Weigh You Down'— Elon Musk Is the Richest Man In The World But Avoids These 5 Pricey Purchases Most People Can't Resist originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-05-2025
- Business
- Yahoo
Catholic Charities works to help affordable housing crisis
OKLAHOMA CITY (KFOR) — Affordable housing can be hard to find, especially for low-income Oklahomans. Catholic Charities of Oklahoma City is working to combat it by creating a new community they hope will address the lack of affordable housing. Catholic Charities calls it a pocket community. It's a small neighborhood of 12 homes in Stockyards City that are just right for singles and small families. LOCAL NEWS: Construction company displays the Oklahoma Standard by donating free roof They're calling them Caritas Casitas, inspired by the Latin word Caritas, meaning 'Christian love of humankind,' and Casitas, the Spanish word for 'little homes. 'These are 12 units and they're gonna help 12 people and in Oklahoma City, there's about 20,000 units too few for affordable housing,' said Patrick Raglow, the Executive Director of Catholic Charities Oklahoma City. The units come fully furnished with new appliances, countertops, and a big bathroom. They're from Boxabl, a business that builds modular homes that unfold into a 360-square-foot space. Patrick Raglow, the Executive Director of Catholic Charities, said other 'affordable' locations he's surveyed were not livable. 'We opened the door and the floor moved because of all the infestations or the plumbing and the sewage backed up, or it was 100 degrees in the summer without air conditioning, and it was 102 degrees in the apartment,' said Raglow. The new homes are funded by grants and ARPA money that's administered through Catholic Charities. The shortage of rentable units is high, so every unit counts. 'This project is not the answer to affordable housing. It is only part of the answer. It's not hard to do a better job. All we're asking for our residents is the housing that was promised to them on the website,' said Raglow. While this project is a big step, Catholic Charities said the public's help in the future can help them deliver more housing to Oklahomans. 'We'd love to see more affordable housing all across Oklahoma, and we will help anybody that wants to help us get there or help themselves get there,' said Raglow. LOCAL NEWS: 102-year-old WWII vet honored at Oklahoma State Capitol The homes are for residents who make $39,000 or lower and could cost roughly $750 and $850 a month. Right now, they are pre-screening residents to move in. Catholic Charities hopes to have everything ready for people to move in by the end of June. In addition to the new housing facilities, Catholic Charities also has a Sanctuary Women's Development Center that is open during the day for women and children who need safety. They have access to showers, laundry rooms, food, and shelter. To learn more about the new homes or how Catholic Charities serves the community, click here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Fox News
20-02-2025
- Fox News
$20K foldable tiny home in a box you can set up in just 1 hour
Boxabl's Baby Box is transforming the tiny home movement with its innovative, foldable design. This ultra-compact home offers a fully functional, climate-controlled living space that can be set up by one person in just 60 minutes, no tools required. Although small, the Baby Box is thoughtfully designed to maximize functionality. The living area features a multipurpose "SLS" sofa that easily converts into a bed, offering both comfort and practicality. The kitchen is equipped with a countertop induction stove, a compact refrigerator, a deep sink and USB outlets for charging small electronics. The bathroom includes a marine-style toilet with a foot-operated flush system, a glass-enclosed shower with a skylight for added sunlight, and ventilation to maintain comfort. To ensure year-round livability, the Baby Box comes with a ductless mini-split system that provides heating and cooling. The Baby Box is designed for mobility and ease of installation. When folded for transport, it measures just 6 feet 6 inches wide and 14 feet 9 inches long, making it compact enough to be towed by most SUVs or trucks. Once unfolded, it more than doubles in width, creating a spacious interior measuring 14 feet 9 inches long, 14 feet 1 inch wide and 9 feet 3 inches high. Setting up the Baby Box is remarkably simple; its walls, floor and roof unfold and clasp together seamlessly without requiring any tools or expertise. For those looking to embrace off-grid living or reside in remote areas, the Baby Box is well-equipped to meet these needs. It includes dual batteries to power lighting and water pumps and features water tanks with capacities for black water, gray water and fresh water. The unit is also compatible with solar power systems and can run on a generator for complete energy independence. These features make it an excellent choice for adventurers or anyone seeking self-sufficient living arrangements. HOW TO REMOVE YOUR PRIVATE DATA FROM THE INTERNET The Baby Box is perfect for minimalists who want an affordable housing solution without sacrificing functionality or comfort. It's also ideal for remote workers or adventurers who need a portable home base that can be set up quickly and easily. Additionally, its mobility and rapid installation make it an excellent option for emergency housing or disaster relief situations. For those accustomed to studio apartment living, the Baby Box offers privacy without compromising on essential amenities. The Baby Box, priced at an introductory $19,999 (set to rise to $30,000), provides an affordable and convenient housing option for those seeking a minimalist or off-grid lifestyle. The Baby Box by Boxabl is a great innovation that combines affordability, portability and practicality into one compact package. Whether you're looking to downsize your life, explore off-grid living or simply need a quick housing solution, this foldable tiny home delivers on all fronts. Its thoughtful design makes it not just a home but a lifestyle choice that embraces simplicity without sacrificing quality. Would you consider living in a foldable, 120-square-foot Baby Box home that sets up in 60 minutes? Why or why not? Let us know by writing us at For more of my tech tips and security alerts, subscribe to my free CyberGuy Report Newsletter by heading to Follow Kurt on his social channels: Answers to the most-asked CyberGuy questions: New from Kurt: Copyright 2025 All rights reserved.
