
Elon Musk took a $61M Morgan Stanley mortgage on 5 California properties. Here’s why
For ultrawealthy buyers like Musk and Mark Zuckerberg, mortgages can be a liquidity and tax-optimization tool, not a cash-out tell.
By Khalid Al-Harbi·· 4 min
1 briefing · “tax-optimization”

For ultrawealthy buyers like Musk and Mark Zuckerberg, mortgages can be a liquidity and tax-optimization tool, not a cash-out tell.