Tesla (TSLA) Stock Price, Quote, News & History | Benzinga

The world's richest man says he's living in a "palace" in Memphis. It's an Airstream trailer parked next to one of the biggest AI data centers on the planet. Elon Musk joined the All-In Summit remotely in mid-September 2026 and opened with a joke: "I am coming to you today from the palace that I live in in Memphis, which is an Airstream trailer." SpaceX President and COO Gwynne Shotwell, who joined him for the conversation, backed him up: "This is Elon, by the way, doing what people don't believe he does. He sleeps on the factory floor. He's in Memphis helping build buildings." Musk is in Memphis overseeing the buildout of Colossus, the AI supercomputer campus that trains Grok. SpaceX acquired xAI in February 2026, so the Memphis data centers now sit inside SpaceX, which has traded publicly on the Nasdaq since its June 12, 2026 IPO. The original Colossus was reportedly built in 122 days inside a former Electrolux plant, a second facility is up and running, and a third is in the works, powered largely by a plant just across the state line in Southaven, Mississippi. Musk didn't say which Airstream model he's in, but some models fit a sleeping area, kitchen and bathroom into roughly 16 feet. That's a tight footprint for someone Bloomberg's Billionaires Index put at about $927 billion as of September 23, 2026, after he briefly crossed $1 trillion following SpaceX's market debut in June. Most of that wealth sits in his roughly 42% stake in SpaceX and roughly 11% stake in Tesla. The trailer fits a long pattern. Musk said he slept on the Tesla factory floor during Model 3 "production hell" in 2018, and he slept on a couch in Twitter's San Francisco headquarters after buying the company in 2022. For SpaceX and Tesla shareholders, the Memphis move signals where his attention is right now: getting more AI compute online, fast. Photo of Elon via Shutterstock: Kathy Hutchins. Video contains content from X users: @Prashant_1722, @VisiveAI, @spacex360. $SPCX. $TSLA. #ElonMusk #xAI #SpaceX 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 🖥️ Want the same tools the pros use—without the $10K Bloomberg terminal? Benzinga Edge gives you real-time portfolio alerts, weekly stock picks, and pro-grade research in one command center. 👉 https://bit.ly/4unSKiB ------------------------------------------------------------------------------------ 📲 Follow us on socials @benzinga 🔔 Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.