{"id":859,"date":"2024-11-18T12:13:34","date_gmt":"2024-11-18T12:13:34","guid":{"rendered":"https:\/\/momentsunfolded.com\/?p=859"},"modified":"2024-11-18T12:13:36","modified_gmt":"2024-11-18T12:13:36","slug":"the-74-year-old-model-mother-of-billionaire-elon-musk-maye-musk-shared-that-more-than-35-years-ago-when-her-son-was-only-14-years-old-elon-musk-recommended-that-she-invest-1000-in-stocks-and-bu","status":"publish","type":"post","link":"https:\/\/momentsunfolded.com\/archives\/859","title":{"rendered":"The 74-year-old model, mother of billionaire Elon Musk, Maye Musk, shared that more than 35 years ago, when her son was only 14 years old. Elon Musk recommended that she invest $1,000 in stocks and buy shares of a company he \u201creally believes in,\u201d despite the stockbroker saying the investment was a \u201cbad idea.\u201d"},"content":{"rendered":"<header class='\"entry-header\"'>\n<div class='\"entry-content\"'>\n<header class='\"entry-header\"'>\n<div class='\"entry-meta\"'>Maye Musk once invested $1,000 in stocks following Elon Musk\u2019s advice.\n\n<div class='\"entry-content\"'>\n<p>Maye Musk \u2014 Elon Musk\u2019s mother said she received investment advice from her son when the Te-la CLC was only 14 years old.\n</p><p><img decoding='\"async\"' class='\"lazy' loaded src="%5C%22https:%5C/%5C/photo.znews.vn%5C/w660%5C/Uploaded%5C/mdf_uswreo%5C/2019_08_25%5C/t21.jpg%5C%22" data-src='\"https:\/\/photo.znews.vn\/w660\/Uploaded\/mdf_uswreo\/2019_08_25\/t21.jpg\"' data-was-processed='\"true\"'>\n</p><p>The 14 year old model shared that more than 35 years ayo, Elon Musk recomended that she buy stuck in a company he \u201creally believed in despite the stockoroker saying the investiment was a bad idea\u201d.\n</p><p>The above story was shared by Maye Musk cn Twitter on May 1 after the world\u2019s richest billionaire gave some advice on choosiny stocks. The 50-year old pillionaire uryed his witter tolluwers to buy stocks of companies that produce products they \u2018trust\u201d and not to panic\u201d by the market reaction\n</p><p>Giving an example of Elon Musk\u2019s investment philosophy, Mirs. 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.\n</p><p><img decoding='\"async\"' class='\"lazy' loaded src="%5C%22https:%5C/%5C/www.deceroacien.com.mx%5C/u%5C/fotografias%5C/m%5C/2023%5C/6%5C/28%5C/f960x540-22882_96957_5050.jpg%5C%22" data-src='\"https:\/\/www.deceroacien.com.mx\/u\/fotografias\/m\/2023\/6\/28\/f960x540-22882_96957_5050.jpg\"' data-was-processed='\"true\"'>\n</p><p>Elon Musk\u2019s faith in the company quickly paid oft and the value of Maye\u2019s investment tripled. When the stock price increased Maye \u201cpanicked\u201d and decided to sell all his shares. \u201cI wasn\u2019t happy about it. This code then continued to increase.. also think it\u2019s untair tor you to divide your profits between me @kimbal and @ToscaMusk,\u201d Maye said on \u00edwitter.\n</p><p>Maye Musk did not specify how quickly the stock price increased or which company Elon Musk proposed to invest in. 1er representative also declined to comment further on this matter.\n</p><p><img decoding='\"async\"' class='\"lazy' loaded shareaholic-media-target-hover-state src="%5C%22https:%5C/%5C/cafefcdn.com%5C/203337114487263232%5C/2022%5C/5%5C/4%5C/photo-1-1651628973798626020702.jpg%5C%22" data-src='\"https:\/\/cafefcdn.com\/203337114487263232\/2022\/5\/4\/photo-1-1651628973798626020702.jpg\"' data-was-processed='\"true\"'>\n</p><p>Billionaire Elon Musk and his mother. Photo: Reuters\n</p><p>Elon Musk\u2019s 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.\n</p><p>This is also not the first time the world\u2019s richest man has given investment advice. Larlier this year, Elon Musk said owning material things like a house or stock in companies is \u201cgenerally better than holding cash when inflation is high.\n</p><p><img decoding='\"async\"' class='\"lazy' loaded src="%5C%22https:%5C/%5C/english.cdn.zeenews.com%5C/sites%5C/default%5C/files%5C/2023%5C/05%5C/07%5C/1196059-mar-2.jpg%5C%22" data-src='\"https:\/\/english.cdn.zeenews.com\/sites\/default\/files\/2023\/05\/07\/1196059-mar-2.jpg\"' data-was-processed='\"true\"'>\n</p><p>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.\n</p><p>The model and mother of three wrote about her family and her first experience with the stock market in the book \u201cA Woman Makes a Plan\u201d\n\n\n","protected":false},"excerpt":{"rendered":"</p><p>Maye Musk once invested $1,000 in stocks following Elon Musk\u2019s advice. Maye Musk \u2014 Elon Musk\u2019s mother said she received investment advice from her son when the Te-la CLC was only 14 years old. The 14 year old model shared that more than 35 years ayo, Elon Musk recomended that she buy stuck in a [&hellip;]\n","protected":false},"author":2,"featured_media":860,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/momentsunfolded.com\/wp-json\/wp\/v2\/posts\/859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/momentsunfolded.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/momentsunfolded.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/momentsunfolded.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/momentsunfolded.com\/wp-json\/wp\/v2\/comments?post=859"}],"version-history":[{"count":1,"href":"https:\/\/momentsunfolded.com\/wp-json\/wp\/v2\/posts\/859\/revisions"}],"predecessor-version":[{"id":861,"href":"https:\/\/momentsunfolded.com\/wp-json\/wp\/v2\/posts\/859\/revisions\/861"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/momentsunfolded.com\/wp-json\/wp\/v2\/media\/860"}],"wp:attachment":[{"href":"https:\/\/momentsunfolded.com\/wp-json\/wp\/v2\/media?parent=859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/momentsunfolded.com\/wp-json\/wp\/v2\/categories?post=859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/momentsunfolded.com\/wp-json\/wp\/v2\/tags?post=859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}</p></div></div></header></div></header>