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Many insiders believe Musk's interest in Palm Beach stems from several compelling factors. The area is renowned for its luxurious amenities, great weather, and favorable tax conditions, attracting a host of celebrities and billionaires alike. Ken Griffin, Jeff Bezos, and Tom Brady are among the notable figures who have invested in property there in recent years. For Musk, the prospect of greater privacy and a relaxed lifestyle in such an elite neighborhood could be highly appealing.