The Moment

Kevin Spacey, the two-time Oscar winner once paid like a studio franchise all by himself, now says he’s effectively homeless.

In a new interview with British newspaper The Telegraph, Spacey says his sexual misconduct scandals have wiped him out financially. He claims he’s moved out of his longtime home in Baltimore, Maryland, has all his belongings in storage, and is currently bouncing between hotels and Airbnbs while he chases work.

Exterior view of Kevin Spacey's former Baltimore residence reportedly headed for auction
Photo: Monument Sothebys International Realty

He describes the fallout from the past several years as having an “astronomical” cost, adding that he has “almost no money coming in” and, in his words, “literally has no home.”

Spacey had already tearfully told Piers Morgan in 2024 that his Baltimore house was going on the auction block because he was millions of dollars in debt. Now, a year later, he’s presenting himself as a man who’s lost it all – just with one caveat: he insists he’s not bankrupt.

The Take

There’s a lot going on here, and not just the headline-friendly phrase “Kevin Spacey is homeless.”

First, let’s be clear: what he’s describing is housing instability, not sleeping on a bus bench. He says he’s living in hotels and Airbnbs and traveling to wherever he can find work. That’s a hard fall from an 8-figure peak, but it’s not the same situation as the average person facing eviction with nowhere to go.

Still, it’s stunning. This is a man who fronted House of Cards, carried American Beauty, and was once one of the most powerful actors in Hollywood. And now he’s talking about putting his life in storage like it’s a seasonal wardrobe.

To me, this feels less like a random confession and more like a rebranding tour. The narrative is shifting from “disgraced star with a long trail of sexual misconduct allegations” to “fallen giant trying to rebuild from nothing.” It’s the classic celebrity move: when the public won’t buy redemption, try selling ruin.

Think of it as the prestige-drama version of a bankruptcy storyline on a soap: we’re supposed to say, “Hasn’t he suffered enough?” and maybe, just maybe, feel ready to watch him again – or at least stop changing the channel when his old movies pop up.

But here’s the tension: Spacey was not brought down by one bad investment or a market crash. His career imploded after multiple men accused him of sexual misconduct and assault, starting in 2017, most prominently actor Anthony Rapp. He has denied wrongdoing; he was acquitted in a major UK criminal case in 2023, and some U.S. civil cases were dismissed. That legal reality matters. But so does the power imbalance and the sheer volume of accusations, which is why many viewers are still not rushing to offer sympathy.

So when Spacey tells us he’s lost his house, his savings, his stability, the question lurking underneath is: are we being asked to reconsider the man, or just reboot the brand?

Receipts

Confirmed

  • In a new interview with The Telegraph, Spacey says he has left his Baltimore home, has “almost no money coming in,” and has put his belongings in storage while he lives in hotels and Airbnbs and goes “where the work is.” (Interview as described in a U.S. celebrity news report dated November 20, 2025.)
  • He says his finances were devastated by the “astronomical” costs tied to his scandals and legal battles and that he currently has “literally no home,” though he specifies he is not formally bankrupt. (Same interview.)
  • In a 2024 sit-down on “Piers Morgan Uncensored,” Spacey tearfully stated that his Baltimore property was being forced to auction and that he was millions of dollars in debt.
  • In 2023, a London jury acquitted Spacey of multiple sexual assault charges. In 2022, a New York jury found that Anthony Rapp had not proven his civil claim of battery against Spacey. These outcomes have been widely reported in court coverage.

Unverified / Framed by Spacey

  • The exact size of his current debt and assets – we have his description of being heavily in debt and “almost” out of money, but not independent financial records.
  • How much acting work is actually being offered to him now versus how much he hopes will come.
  • Whether this new “I’ve lost everything” framing is primarily personal truth-telling, image management, or both. That’s interpretation, not fact.

Backstory (For Casual Readers)

If you checked out of the Kevin Spacey saga a few years back, here’s the short version. Spacey rose from respected character actor to A-list star with films like The Usual Suspects and American Beauty, then became a streaming-era kingpin as Frank Underwood on House of Cards. In 2017, at the height of the #MeToo movement, Anthony Rapp accused him of making a sexual advance toward him in the 1980s when Rapp was a teenager. After that, other men came forward with their own stories of alleged sexual misconduct or assault.

Actor Anthony Rapp at an event (Getty Images)
Photo: Getty

Spacey’s response – a statement that both came out as gay and addressed the allegation in one breath – was widely criticized. He was quickly dropped from House of Cards, replaced in the film All the Money in the World, and faced both civil lawsuits and criminal charges. Juries later cleared him in major cases in the U.S. and UK, and some suits were dismissed, but the damage to his reputation and earning power was massive. His recent interviews are clearly part of a campaign to inch back into public life – and maybe back onto our screens.

What’s Next

Spacey says he’s “back to where I started” – taking jobs wherever he can, living out of temporary rentals, and hoping to rebuild. On a practical level, that probably means more interviews, more carefully chosen projects overseas (where some filmmakers have already been more open to casting him), and a continued push to frame himself less as a villain and more as a survivor of his own downfall.

The wild card is us – the audience. There’s no court date on the calendar that will suddenly settle how people feel about Kevin Spacey. Instead, the next big moment will likely be a higher-profile role: a film that actually gets distribution, a prestige festival slot, or a streaming deal that dares to put his face on the homepage again.

Hollywood loves a comeback, but it also notices which names make viewers turn off the TV. Studios and streamers will be watching not just the legal files, but our clicks, our comments, and yes, whether we keep watching American Beauty when it shows up on a Sunday afternoon.

Sources: Kevin Spacey interview with The Telegraph (as summarized in a U.S. celebrity news report, November 20, 2025); Kevin Spacey interview on “Piers Morgan Uncensored,” 2024; prior legal outcomes drawn from publicly reported 2022-2023 court decisions.

Your turn: Does hearing that Kevin Spacey says he’s effectively homeless change how you see him, or are you firmly done watching anything with his name on it?

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