Progress Happening Fast at Boxabl – Maker of the $60,000 Foldable Home Has 3 Factory Buildings, 600+ Houses Built, and Big Plans to Solve Housing.

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Contributor, Benzinga
October 22, 2024

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The real estate market is becoming a nightmare for many people. The median home now costs $412,000, 36% of Americans don’t own real estate, and the 4.5 million housing shortage grows larger every year. In this environment, a $60,000 home understandably generates massive demand as it addresses a $47.5 trillion housing market. Its success is poised to drive significant growth for early investors.
Boxabl, the company behind this affordable housing solution, already has received interest for over 190,000 homes and intends to fulfill all of them. Boxabl could spark one of the biggest disruptions in the history of the housing market – and you can be part of it. You can invest with $1,000 at only $0.80 per share in the company as it builds its biggest factory. 

Boxabl makes foldable tiny homes, but what sets it apart is how it makes them. Just as Henry Ford revolutionized automobile manufacturing and made cars accessible to the masses, Boxabl is doing the same for housing. It builds homes it believes are of equal or higher quality than traditional housing but within a factory. The first product is the foldable house known as the Casita, which is suitable for all climates, spans 361 square feet, and can be installed in a single day. Fully equipped with a kitchen, bathroom, HVAC system, and appliances, customers can move in the same day it’s delivered to their backyard. With a price tag of just $60,000, Boxabl is poised to restore affordable homeownership for working-class Americans. However, the company needs to rapidly scale its production to meet this demand.

With 190,000 reservations for a Casita, demand isn’t the issue.  Reservations do not require a purchase, and the company is likely not going to have each of those reservations turn into a purchase, but even if only half of those reservations result in an actual purchase, that would still generate at least $5.7 billion in revenue for the company.The product is ready to disrupt real estate markets nationwide and beyond. Boxabl’s biggest challenge, however, is producing these homes quickly enough. That’s where you come in. Using the $150 million it has raised from over 40,000 investors, Boxabl has already built three factory buildings. The next logical step is Boxzilla – a multimillion-square-foot facility that will ramp up Casita production and deliver homes faster.

To date, the company has produced over 600 Casitas. However, just as Henry Ford envisioned cars rolling off the assembly line every few minutes, Boxabl aims to achieve the same efficiency with homes. That’s why it’s raising $1 billion, offering you the chance to own a stake in the company as Boxzilla is being constructed.

The Road Ahead

According to Boxabl’s vision, Casitas are only the beginning. The company plans to stack and connect its units to create entire apartment blocks, and larger single family units, all built in factories and installed in a fraction of the time it takes to construct traditional buildings today.

Boxabl’s mission isn’t just about meeting the demand for quality tiny homes – it’s about revolutionizing how homes are built and making them affordable for nearly everyone. Given the current trends, owning a home could soon become a luxury for most. Today, you have the chance to be part of the solution.

Invest in the future of housing at $0.80 per share at $1,000 minimum.


Disclaimer:

Benzinga may receive monetary compensation from the issuer, or its agency, for publicizing the offering of the issuer’s securities. This content is for informational purposes only and is not intended to be investing advice. We earn a commission from the advertisers associated with this article at $4 per click. Read our Advertiser Discloser.

PLEASE READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT. https://boxabl.com/invest#circular


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