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Time of India
12-05-2025
- Entertainment
- Time of India
Elon Musk's mom says she sleeps in a garage when visiting her billionaire son: Here's why
Credit: X/@DogeElonnews Despite being the world's richest man, Elon Musk is known for his extreme minimalism—a lifestyle that even affects how he hosts his own family. Maye Musk , his 77-year-old mother, revealed in an interview with The Times UK that Elon's wealth doesn't translate into luxury when she visits him. Describing her trips to his SpaceX base in Texas, she said, 'I have to sleep in the garage,' explaining, 'You can't have a fancy house near a rocket site.' She added, 'Tosca and I were joking the other day about how we all lived in a one-bedroom apartment for a year.' In a 2023 post on X, Maye further shared what it's like to stay with her son, writing that she often ends up 'sleeping on mattresses or blankets on the floor, couches, or even a bed in the garage.' She mentioned that her other children, Tosca and Kimball, also sleep on the floor when visiting Elon. 'We adapt,' she wrote. 'It's still better than sleeping on the ground in the Kalahari Desert with lions or hyenas nearby, which I did as a child. ' That adaptability seems to be a Musk family trait—and Elon is no exception. Speaking at the 2022 Baron Investment Conference, the Tesla and SpaceX CEO said he had spent years sleeping on factory floors in California and Nevada. 'It was damn uncomfortable,' he admitted, but added that it was necessary to understand the production process and be available to troubleshoot problems around the clock. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Indiana: Big Changes Leaves Drivers Fuming Read More Undo In 2020, Musk famously vowed to sell 'almost all physical possessions' and declared, 'Will own no house,' saying he wanted more freedom. He followed through, selling off multiple mansions in California. But despite that public pledge, reports surfaced in 2022 suggesting that Musk had quietly upgraded his living situation. According to Bloomberg, he reportedly purchased a $6 million, six-bedroom mansion in West Lake Hills, Texas. Officially, however, Musk has claimed to live in a compact, $50,000 tiny home near SpaceX's Starbase in Boca Chica, Texas. The house, reportedly just 400 square feet in size, is designed for maximum efficiency and function, with a basic layout that includes a living area, kitchen, bathroom, and bedroom. Get the latest lifestyle updates on Times of India, along with Mother's Day wishes , messages , and quotes !
Yahoo
11-05-2025
- Business
- Yahoo
Elon Musk's 77-Year-Old Mom Says 'I Have To Sleep In The Garage' And On Floor Blankets When Visiting Her Son — Richest Man In The World: 'We Adapt'
Elon Musk is worth over $380 billion, yet when his 77-year-old mother, Maye Musk, comes to visit, she doesn't get a penthouse suite or even a plush guest room. Nope — she sleeps on blankets, couches, or a mattress in his garage. And she's perfectly fine with it. "You can't have a fancy house near a rocket site," Maye explained in a 2022 interview with The Times of London, referencing SpaceX's Starbase launch facility in Texas. "I have to sleep in the garage." Don't Miss: Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — She's not exaggerating. In fact, Maye's made light of the situation multiple times. In an X post the same year, she shared: "Many memories of sleeping on mattresses or blankets on the floor, on couches, or a bed in the garage. This happens to @kimbal @ToscaMusk and me. We adapt. It's still better than sleeping on the ground in the Kalahari Desert with lions or hyenas nearby, which I did as a child."That "we adapt" motto seems to be a Musk family tradition. It's not just Maye. Elon himself has slept in less-than-glamorous spots. Speaking at the 2022 Baron Investment Conference, he recalled sleeping on a factory floor in California and Nevada for three years. "It was damn uncomfortable," he admitted. Trending: Here's what Americans think you need to be considered wealthy. This all fits Musk's minimalist streak. In 2020, he vowed to sell "almost all physical possessions" and declared, "Will own no house," citing freedom as the goal. He followed through, offloading multiple California mansions. But despite publicly swearing off homeownership, Musk reportedly upgraded to a $6 million, six-bedroom mansion in West Lake Hills, Texas, in 2022 — the same year his mom said she was sleeping in the garage, according to The New York Times. A 16-foot chain-link fence around the property quickly tipped off neighbors that this wasn't just any new arrival. So, yes, while Musk officially claimed to own only a $50,000, two-bedroom tiny home near the launch site, reports suggest he may have had some real estate back in rotation. Whether that house was close enough to the rocket site for Maye's comfort is up for skeptics on X asked Musk in 2023 about persistent rumors of his father's supposed connection to an emerald mine, Elon shot back, "I'd just like to see a picture of this mine. Like, where is it exactly!?" Maye chimed in shortly after, writing, "Me too! And why did we sleep in one-bedroom apartments and on the floor?" effectively shutting down the long-running myth. Whether it's a garage floor, a couch, or the occasional $6 million mansion, the Musk family seems more focused on adaptability than luxury. Read Next:Nancy Pelosi Invested $5 Million In An AI Company Last Year — Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Elon Musk's 77-Year-Old Mom Says 'I Have To Sleep In The Garage' And On Floor Blankets When Visiting Her Son — Richest Man In The World: 'We Adapt' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Forbes
01-04-2025
- Business
- Forbes
Gwynne Shotwell Rides SpaceX To Billion-Dollar Fortune
Tesla's share price may be cratering as billionaire CEO Elon Musk pursues his side-hustle of chain-sawing the federal workforce, but investors still believe in his rocket company SpaceX. That's made Gwynne Shotwell a billionaire. Musk's longtime lieutenant at SpaceX holds a 0.3% stake in the company, Forbes estimates, based on accounts of her stock compensation from investors and early employees. That stake is worth $1.2 billion after the private company's valuation hit $350 billion in December in a sale of insider shares. Shotwell declined to comment on Forbes' estimates For Shotwell, 61, it's a rich reward for the gamble she took when she joined SpaceX in 2002 as employee No. 11, tasked with leading sales of Musk's as-yet unbuilt rocket. At the time the Northwestern-trained mechanical engineer was going through a divorce, with two young children to care for, and she hesitated to leave a safe position at a small rocket maker. But Musk had pumped $100 million into SpaceX from his proceeds from the sale of PayPal, and after thinking it over for a month, Shotwell bought into his vision of creating reusable rockets that could offer low-cost access to space. 'I called him on the phone and I said, 'I'm a bleeping idiot,' ' Shotwell recounted in a talk at Stanford University in 2022. 'And he laughed and he said, 'Welcome to the team.' ' In 2008, Musk promoted her to running the team as president and chief operating officer. With Musk's attention split between Tesla and his other ventures, she's kept the ambitious space company delivering on a breakneck development schedule—and helped make it the dominant rocket company on Earth. SpaceX has scaled from eight launches of its Falcon rocket in 2016 to a staggering 134 in 2024. The next closest, China's state-owned CASC, managed just 48. SpaceX carried 83% of all satellites put into orbit worldwide last year, according to a report from the consultancy BryceTech. Most of those were SpaceX's own communications satellites, which are the main reason investors are excited about the company. SpaceX has built up a constellation of 6,800 satellites in low-Earth orbit that as of year-end were providing broadband internet service to 4.6 million subscribers, up 90% from 2023. SpaceX doesn't share financials but in November, Shotwell said Starlink was going to turn a profit for the year. 'The company is incredibly valuable, I think, right now because of Starlink,' she said at the Baron Investment Conference. 'Starlink will add a zero, probably, at least as we continue to grow the Starlink system.' Got a tip on SpaceX? Contact Jeremy Bogaisky at jbogaisky@ or on Signal at jeremy.26. Morgan Stanley estimates Starlink achieved an operating profit of $900 million in 2024 on $9.3 billion in revenue. But any cash from operations was likely cancelled out by high spending to build out the Starlink constellation and develop SpaceX's giant Starship rocket. With roughly four times the payload capacity of Falcon 9, Starship is the linchpin in SpaceX's plans to dramatically increase the Starlink constellation's coverage and performance, and realize Musk's vision of reaching Mars. Not to mention, boost SpaceX's valuation even more. 'Ultimately, I think Starship will be the thing that takes us over the top as one of the most valuable companies,' Shotwell said at the Baron conference. 'We can't even envision what Starship is going to do to humanity and humans' lives, and I think that will be the most valuable part of SpaceX.'
