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.
Elon Musk, the world’s richest man, is trying to establish an unusual family compound, according to people familiar with his plans, envisioning his children (of which there are at least 11) and two of their three mothers occupying adjoining properties. https://t.co/PjqQPln6EX pic.twitter.com/BAhlzh4uXK
— The New York Times (@nytimes) October 29, 2024
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.