Tesla and SpaceX CEO Elon Musk is selling his Los Angeles four mansions for $ 62.5 million, Bloomberg reported.

According to the edition, the entrepreneur has already agreed to sell his mansions to Ardie Tavangarian, a developer known for high-end homes.

As the developer's statement noted, Tavangarian intends to combine all four properties into a single project.

Musk tweeted in May that he planned to unload "almost all physical possessions."