Ending Soon! Save 33% on All Access

This Is How Much Elvis Presley's Private Jet Just Sold for at Auction The King of Rock and Roll purchased the plane about eight months before his death in 1977.

By Amanda Breen Edited by Jessica Thomas

Bettmann | Getty Images

A private jet that once belonged to Elvis Presley sold at auction in Florida on what would have been the singer's 88th birthday.

Wisconsin-based collector vehicle auctioneer Mecum Auctions announced the red and silver 1962 Lockheed 1329 JetStar sold on January 8 for $286,000, per Fox Business.

Related: Michael Jordan Jersey Sold at Auction for Record $10 Million

According to Mecum Auctions, the 61-year-old jet is one of 202 JetStar airplanes manufactured by the Lockheed Corporation.

Presley reportedly purchased the plane from OMNI Aircraft Sales Inc. on December 22, 1976 for $840,000.

At the time, the jet was top of the line, complete with custom red velvet upholstery, gold-finish hardware, a microwave, VCR, cassette player and other then-luxurious amenities, per Smithsonian Magazine.

The jet was one of several private planes, including an additional JetStar and Convair 880 passenger plane, that Presley owned throughout his career, and he kept two pilots on retainer, Artnet reported.

Related: Bugatti's Only Chiron Profilée Set to Go Big at Auction

On its website, Mecum Auctions noted that the jet, which has been at the Roswell International Air Center in New Mexico for decades and doesn't include engines or replacement parts, will have to be taken apart to ship.

Amanda Breen

Entrepreneur Staff

Senior Features Writer

Amanda Breen is a senior features writer at Entrepreneur.com. She is a graduate of Barnard College and received an MFA in writing at Columbia University, where she was a news fellow for the School of the Arts.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Real Estate

3 Helpful Resources to Use When Searching for a Real Estate Investment Property

Find top websites for investment property searches. Understand the importance of location, property taxes and job markets for a successful investment.

Business News

Sam's Club Is Removing a Beloved Free Perk and Members Are Not Happy: 'No Benefits for the Cost'

Disgruntled Sam's Club members are complaining on social media about the new change, effective August 19.


6 Effective Tactics for Handling a Toxic Boss

Salvaging your dignity from an abusive boss is a job all its own.


There's Another Tax That Will Cost You In Big Ways If You Don't Do These 3 Things

Emotional tax is the interchange of energy and value. If you're depleted, this exchange of person or project is a cost. If you're energized and have received value, the exchange is a plus or profit. Learn three practical ways to kick overwhelm and lower your emotional tax for good.

Business News

How Much Does It Cost to Develop AI? The CEO of an $18 Billion AI Startup Reveals the Current Price.

There's a sky-high bar to creating AI, and an expert says it will get even more expensive.

Side Hustle

This 27-Year-Old Started a Side Hustle on Facebook Marketplace — Now the Gig Earns Over $500,000 a Month

Valentina Zapata wanted "something positive to do on the side" — and it turned into a major money-maker.