Uncategorized

Elon Musk’s mother says her son has been doling out stock advice since he was 14 years old

Maye Musk once invested $1,000 in stocks following Elon Musk’s advice.

Maye Musk – Elon Musk’s mother said she received investment advice from her son when the Tesla CEO was only 14 years old.

The 74-year-old model shared that more than 35 years ago, Elon Musk recommended that she buy stock in a company he “really believed in,” despite the stockbroker saying the investment was a ” bad idea”.

The above story was shared by Maye Musk on Twitter on May 1 after the world’s richest billionaire gave some advice on choosing stocks. The 50-year-old billionaire urged his Twitter followers to buy stocks of companies that produce products they “trust” and not to “panic” by the market reaction.

Giving an example of Elon Musk’s investment philosophy, Mrs. Maye said that in the 1980s, she invested about $1,000 in stocks that her son recommended. It was the largest amount of money she had ever ventured into this field.

Elon Musk’s faith in the company quickly paid off and the value of Maye’s investment tripled. When the stock price increased, Maye “panicked” and decided to sell all his shares.

“I wasn’t happy about it. This code then continued to increase. I also think it’s unfair for you to divide your profits between me, @kimbal and @ToscaMusk,” Maye said on Twitter.

Maye Musk did not specify how quickly the stock price increased or which company Elon Musk proposed to invest in. Her representative also declined to comment further on this matter.

Billionaire Elon Musk and his mother. Photo: Reuters

Elon Musk’s investment advice comes just days after he sold 9.6 million Tesla shares, worth $8.5 billion. This move is said to be to pay for the $44 billion deal with Twitter.

This is also not the first time the world’s richest man has given investment advice. Earlier this year, Elon Musk said owning material things like a house or stock in companies is “generally better than holding cash” when inflation is high.

Previously, in an interview with Insider , Maye Musk emphasized that she helped her 𝘤𝘩𝘪𝘭𝘥ren develop by encouraging them to pursue their personal interests. During his 𝘤𝘩𝘪𝘭𝘥hood, CEO Tesla showed a passion for books and computer programming. In April, Elon Musk shared at the TED conference that his success is largely due to his desire to answer important questions surrounding the meaning of life.

The model and mother of three wrote about her family and her first experience with the stock market in the book “A Woman Makes a Plan”.

Related Posts

Draymond Green Makes Bold Confession on Jordan Poole’s Pelicans Future After Regretful Admission

Just as the draft was building its anticipation, some teams took time to make moves in the dark. The Boston Celtics in particular, decided to offload some salaries,…

Lakers Nation Demand Rob Pelinka Trade $37M Star After Drafting Adou Thiero

Rob Pelinka went through a lot of hassle to acquire Adou Thiero on draft night. First, he dealt the Lakers’ number 55 pick and nearly $2.5 million cash…

17-year-old girl defies odds to graduate US high school, set to become a Physical Therapist NewsSuccess StoriesInternational Success

A 17-year-old girl named Aubrey Barnett has defied incredible odds to graduate from Walnut Grove High School in Loganville, United States, just months after completing chemotherapy for a…

Billionaire Elon Musk’s Younger Sister: Talented and Also Became a Millionaire Herself

When considering the Musk family, the first name that often arises is Elon Musk, the billionaire entrepreneur known for his roles at Tesla, SpaceX, and various other innovative…

15-year-old Nigerian-American girl makes history the youngest female Black pilot to fly across the US

A 15-year-old Nigerian-American girl named  Kimberly Anyadike made history as the youngest Black female pilot to fly across the United States. In 2009, Kimberly completed a remarkable journey,…

𝗧𝗵𝗲 𝗞𝗮𝗿𝗮𝘁𝗲 𝗞𝗶𝗱 𝟮

Karate Kid 2 (2025) – El Viaje de la Sucesión y el CrecimientoTras muchos años, dos generaciones de artistas marciales —Dre Parker (Jaden Smith) y Mr. Han (Jackie…

Leave a Reply

Your email address will not be published. Required fields are marked *