{"id":14370,"date":"2025-02-22T17:14:16","date_gmt":"2025-02-22T17:14:16","guid":{"rendered":"https:\/\/nigeriastandardnewspaper.com\/a\/?p=14370"},"modified":"2025-02-22T17:14:16","modified_gmt":"2025-02-22T17:14:16","slug":"my-billionaire-son-elon-is-a-highly-ambitious-person-wont-stop-until-hes-number-one-father-errol-musk-speaks-out","status":"publish","type":"post","link":"https:\/\/nigeriastandardnewspaper.com\/a\/my-billionaire-son-elon-is-a-highly-ambitious-person-wont-stop-until-hes-number-one-father-errol-musk-speaks-out\/","title":{"rendered":"My Billionaire Son, ELON is a Highly Ambitious person, Won’t Stop Until He’s Number One-Father, ERROL Musk speaks out"},"content":{"rendered":"

My Billionaire Son, ELON is a Highly Ambitious person, Won’t Stop Until He’s Number One-Father, ERROL Musk speaks out<\/strong><\/p>\n

…He will continue to be the Richest man in the world<\/strong><\/p>\n

*Claimed he knew his son would become the World’s Richest Man when he earlier had a net worth of $672Million<\/strong><\/p>\n

*Says whatsoever Elon aspire to become, he gets it at all cost since he never backs down<\/strong><\/p>\n

“Elon is far richer than Bill Gates-a former richest man in the world. I can tell you now what’s going to happen: My son is very careful with how he does things. He\u2019s going to go on and on. The IPO of Starlink is going to be worth a trillion dollars. SpaceX \u2026 is already worth a trillion dollars. So it’s really a matter of it being a private company”-ERROL<\/strong><\/p>\n

*PLUS why\u00a0 The WHITE HOUSE’S Department of Government Efficiency is ‘rooting-out’ Corruption in Federal Agencies in the United States<\/strong><\/p>\n

*BY GEORGE ELIJAH OTUMU\/AMERICA’S Senior Investigative Editor, Naija Standard Newspaper Inc USA<\/strong><\/em><\/p>\n

\"\"<\/p>\n

\"\"<\/p>\n

 <\/p>\n

ELON MUSK is without doubt, a naturally ambitious person, who goes after any aspiration he so desires-ready to overcome any adversity that may come his way. No other person knows him much better than his biological father, Errol, who did not hold back the over-ambition of his son, who chairs The White House’s Department of Government Efficiency presently ‘rooting-out’ corruption in Federal Agencies in the United States is prepared to ‘go over any mountain’ just to get whatsoever he wants.<\/strong><\/p>\n

Errol taunts bill Gates, a former richest man in the world by saying: “Elon is far richer than Bill Gates-a former richest man in the world. I can tell you now what’s going to happen: My son is very careful with how he does things. He\u2019s going to go on and on. The IPO of Starlink is going to be worth a trillion dollars. SpaceX \u2026 is already worth a trillion dollars. So it’s really a matter of it being a private company”.<\/strong><\/p>\n

Having faith in your child\u2019s potential is one thing-but believing they\u2019ll become the richest person in the world? That\u2019s the level of confidence Elon’s father had in his son.<\/strong><\/p>\n

During a recent interview with YouTube personality DJ Vlad, the elder Musk recalled a moment from years ago when he was told his son had amassed a fortune of $672 million.<\/strong><\/p>\n

\u201cI remember somebody telling me that he’s now estimated to have $672 million, around 2007 thereabouts, and they said, \u2018Gee.\u2019 And I said, \u2018No, no, no, Elon will not stop until he’s number one,\u2019\u201d he recalled. \u201cAt that time, I imagine Bill Gates may have been number one. I’m not sure, but he won’t stop until he’s number one.\u201d<\/strong><\/p>\n

Errol Musk\u2019s belief in his son proved to be right. Today, according to the Bloomberg Billionaires Index, Elon Musk is the world\u2019s richest person, with a staggering net worth of $402 billion. Meanwhile, Microsoft co-founder Bill Gates, once the wealthiest man on the planet, has dropped to seventh place with a net worth of $165 billion. And according to his father, Elon isn\u2019t slowing down anytime soon.<\/strong><\/p>\n

For those who share Errol Musk\u2019s confidence in his son\u2019s ventures, there are a few ways to invest alongside the billionaire entrepreneur.<\/strong><\/p>\n

*Tesla (TSLA):<\/strong>
\nElon Musk has built several successful businesses, but none are as synonymous with his name as Tesla.<\/strong><\/p>\n

It\u2019s also the foundation of his immense wealth. According to Bloomberg, Tesla equity remains Elon\u2019s largest asset.<\/strong><\/p>\n

While Tesla\u2019s stock is volatile, the company remains a behemoth in the automotive industry. With a market cap of approximately $1.12 trillion, Tesla is more than 10 times the size of Ford and General Motors combined.<\/strong><\/p>\n

In 2024, Tesla produced 1,773,443 EVs and delivered 1,789,226 EVs. While both figures declined from 2023, Wall Street still sees potential upside in Tesla shares.<\/strong><\/p>\n

For instance, Wedbush Securities analyst Dan Ives has an outperform rating on Tesla and a price target of $550-roughly 53% above where the stock sits today.<\/strong><\/p>\n

*Real estate:<\/strong>
\nIn a March 2022 discussion on X about inflation, Elon Musk offered a straightforward piece of advice:<\/strong>
\n\u201cAs a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.\u201d<\/strong><\/p>\n

His suggestion came at a critical moment, as inflation in the U.S. was surging, with the consumer price index (CPI) hitting a 40-year high of 9.1% year-over-year in June 2022.<\/strong><\/p>\n

Musk had a point -real estate has long been considered a reliable hedge against inflation. When inflation rises, property values often increase as well, reflecting the higher costs of materials, labor and land. At the same time, rental income tends to go up, providing landlords with a revenue stream that adjusts with inflation.<\/strong><\/p>\n

Although inflation has cooled since its 2022 peak, the threat of rising prices isn\u2019t necessarily behind us. Former U.S. Treasury Secretary Larry Summers recently warned that if Donald Trump implements his economic plans, \u201cthere will be an inflation shock significantly greater than the one the country suffered in 2021.\u201d<\/strong><\/p>\n

These days, you don\u2019t need to buy a property outright to invest in real estate. For instance, platforms like First National Realty Partners (FNRP) allow accredited investors to own shares in institutional-quality, grocery-anchored properties without the hassle of finding and managing deals themselves.<\/strong><\/p>\n

*Cryptocurrency:<\/strong>
\nMusk has long been one of the most influential voices in cryptocurrency.<\/strong>
\nIn 2021, he made his stance clear: \u201cI\u2019m a supporter of Bitcoin and the idea of cryptocurrency in general.\u201d At the time, he revealed that he owned Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) in addition to Tesla and SpaceX.<\/strong><\/p>\n

Musk\u2019s words often move markets, with his comments sometimes triggering sharp price swings in the crypto space. However, he has been transparent about his intentions.<\/strong><\/p>\n

\u201cIf the price of bitcoin goes down, I lose money. I might pump, but I don\u2019t dump,\u201d Musk stated. \u201cI definitely do not believe in getting the price high and selling, or anything like that. I would like to see Bitcoin succeed.\u201d<\/strong><\/p>\n

Bitcoin, the world\u2019s largest cryptocurrency, has gained significant momentum since then. One reason it attracts crypto enthusiasts is its built-in scarcity. Unlike fiat currencies, Bitcoin can\u2019t be printed at will by central banks. Instead, mathematical algorithms cap its supply at 21 million.<\/strong><\/p>\n

For those looking to gain exposure to cryptocurrencies, platforms like Robinhood Crypto allow users to buy and sell crypto with as little as $1 without any trading fees or commissions.<\/strong><\/p>\n

Robinhood Crypto has the lowest trading cost on average in the U.S.-meaning you could get up to 3.6% more crypto compared to trading on other platforms.<\/strong><\/p>\n

DONATE TO HELP BUILD A SPECIAL APPS FOR JOURNALISTS AGAINST LIVER ELEVATION & KIDNEY FAILURE:<\/strong>
\nCERTAINLY, Good journalism costs a lot of money. Without doubt, only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government. We are ready to hold every corrupt government accountable to the citizens. To continually enjoy free access to the best investigative journalism in Nigeria, we are requesting of you to consider making a modest support to this noble endeavor.\u201d <\/strong>
\nBy contributing to NAIJA STANDARD NEWSPAPER, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all without fear or favor. <\/strong>
\nYour donation is voluntary \u2014 please decide how much and how often you want to give. For offline donation, email: letters@nigeriastandardnewspaper.com or call +2348037128048 (Nigeria) or +16825834890 (United States of America)<\/strong><\/p>\n

donation<\/h1>
\n\t\t\t\t\t\t\t
\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t
\n\t\t\t