News

Elon Musk invests in building a $35 million mansion to be near his 𝘤𝘩𝘪𝘭𝘥ren and girlfriend in Texas

Musk has welcomed a total of 12 𝘤𝘩𝘪𝘭𝘥ren since 2002, although he faced tragedy with the loss of his first 𝘤𝘩𝘪𝘭𝘥, who passed away from sudden infant death syndrome at only 10 weeks old.

Elon Musk is set to implement a distinctive family structure by bringing together all 11 of his 𝘤𝘩𝘪𝘭𝘥ren and their mothers under one roof.

According to a report by The New York Times, Musk has purchased a sprawling 14,400-square-foot mansion along with an adjacent six-bedroom property in Austin, Texas, US totalling an investment of $35 million.

The newly acquired estate boasts a Tuscan-inspired design and is conveniently located just a short 10-minute drive from Musk’s primary residence in Texas. This arrangement, as Musk reportedly believes, will allow his 𝘤𝘩𝘪𝘭𝘥ren to grow up with one another and facilitate a more manageable schedule for him to spend time with them.

Elon Musk’s Children

Musk has welcomed a total of 12 𝘤𝘩𝘪𝘭𝘥ren since 2002, although he faced tragedy with the loss of his first 𝘤𝘩𝘪𝘭𝘥, who passed away from sudden infant death syndrome at only 10 weeks old. After marrying Justine Musk, the couple utilized IVF to have five 𝘤𝘩𝘪𝘭𝘥ren before their divorce: twins Griffin and Vivian, followed by triplets Saxon, Damian, and Kai.

Following his split from Justine, Musk was married to British actress Talulah Riley twice, though they did not have 𝘤𝘩𝘪𝘭𝘥ren together. From 2020 to 2022, he became a father again with musician Grimes (real name Claire Boucher), with whom he shares three 𝘤𝘩𝘪𝘭𝘥ren: X, Y, and Tau. Currently, Musk and Grimes are embroiled in a custody dispute over their kids.

Additionally, in 2021, Musk secretly welcomed twins with Shivon Zillis, an executive at his Neuralink company, and has confirmed they have a third 𝘤𝘩𝘪𝘭𝘥 together as well.

Just How Rich Is Musk?

Musk’s wealth recently surged by $21 billion due to a significant rise in Tesla’s stock price, which jumped nearly 19 per cent after the company’s third-quarter earnings report exceeded expectations. This marked Tesla’s largest single-day rally since March 2021, enhancing its market value by $117 billion.

The stock surge reflects strong investor confidence in Tesla’s growth trajectory, as the company reported a 17 per cent increase in profits from the previous year, amounting to $2.2 billion, along with an 8 per cent rise in revenue to $25.2 billion. Musk’s increased wealth solidifies his status as the world’s richest individual, widening his lead over the second-richest by $50 billion, underscoring Tesla’s impressive performance in the competitive electric vehicle market.

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Tesla Is No Longer Elon Musk’s Most Valuable Asset

**Breaking News: Tesla Falls Behind as Musk’s SpaceX Surges Ahead** In a stunning turn of events, Tesla is no longer the crown jewel of Elon Musk’s empire, as SpaceX has officially surpassed the electric vehicle giant in value for the first time in five years. Musk’s fortune, once heavily anchored by Tesla, has shifted dramatically following a series of alarming developments. Musk’s financial landscape took a hit after he funneled over $200 million into Donald Trump’s re-election campaign, but he rebounded quickly, briefly becoming the world’s first $400 billion individual. However, Tesla’s stock has since plummeted by 50%, exacerbated by disappointing delivery numbers and concerns over Musk’s divided attention as he juggles his new role in the Trump administration. Recent reports indicate that Tesla’s revenue growth has stagnated to a mere 1% in 2024, while net income has declined for the second consecutive year. Meanwhile, shocking drops in vehicle sales have been documented across key markets, including Germany, China, and Australia. As public sentiment turns against Musk, protests have erupted at Tesla dealerships nationwide, amplifying the urgency of the situation. The turmoil doesn’t end there. Musk’s appeal of a Delaware court ruling that invalidated a lucrative pay package has further complicated his financial stability. Forbes has slashed the value of Musk’s stock options by 50%, revealing that his stake in Tesla is now worth $97.8 billion, significantly less than the soaring valuation of SpaceX. With SpaceX’s value now estimated at $147 billion—almost $20 billion more than Musk’s Tesla holdings—this shift marks a seismic change in Musk’s financial narrative. SpaceX’s revenue surged by 51% to $13.1 billion in 2024, buoyed by the booming Starlink satellite internet service. As the dust settles, it’s clear that Musk’s fortunes are in flux, and the landscape of his empire is shifting dramatically. Stay tuned as we continue to monitor these developments closely.

Tesla Is No Longer Elon Musk’s Most Valuable Asset

**Breaking News: Tesla Falls Behind as Musk’s SpaceX Surges Ahead** In a stunning turn of events, Tesla is no longer the crown jewel of Elon Musk’s empire, as SpaceX has officially surpassed the electric vehicle giant in value for the first time in five years. Musk’s fortune, once heavily anchored by Tesla, has shifted dramatically following a series of alarming developments. Musk’s financial landscape took a hit after he funneled over $200 million into Donald Trump’s re-election campaign, but he rebounded quickly, briefly becoming the world’s first $400 billion individual. However, Tesla’s stock has since plummeted by 50%, exacerbated by disappointing delivery numbers and concerns over Musk’s divided attention as he juggles his new role in the Trump administration. Recent reports indicate that Tesla’s revenue growth has stagnated to a mere 1% in 2024, while net income has declined for the second consecutive year. Meanwhile, shocking drops in vehicle sales have been documented across key markets, including Germany, China, and Australia. As public sentiment turns against Musk, protests have erupted at Tesla dealerships nationwide, amplifying the urgency of the situation. The turmoil doesn’t end there. Musk’s appeal of a Delaware court ruling that invalidated a lucrative pay package has further complicated his financial stability. Forbes has slashed the value of Musk’s stock options by 50%, revealing that his stake in Tesla is now worth $97.8 billion, significantly less than the soaring valuation of SpaceX. With SpaceX’s value now estimated at $147 billion—almost $20 billion more than Musk’s Tesla holdings—this shift marks a seismic change in Musk’s financial narrative. SpaceX’s revenue surged by 51% to $13.1 billion in 2024, buoyed by the booming Starlink satellite internet service. As the dust settles, it’s clear that Musk’s fortunes are in flux, and the landscape of his empire is shifting dramatically. Stay tuned as we continue to monitor these developments closely.

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