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International Business Times
International Business Times
Business

Elon Musk Reveals Investing Advice He's Asked About Constantly — And Why It Matters Now

Elon Musk says buy stocks in companies whose products and services you genuinely believe in.

Elon Musk is part of the corporate powerhouse that US President Donald Trump has taken to China. On the sidelines of a high-stakes diplomatic mission, the market volatility due to global events is impossible to miss. In that context, Elon Musk's investing advice couldn't have come at a better time. His answer is straightforward. Buy stocks in companies whose products and services you genuinely believe in, spread those bets across multiple companies, and do not sell just because the broader market falls apart.

The guidance is deceptively simple for someone who controls stakes in some of the most closely watched companies in American business. The billionaire chief executive of Tesla and SpaceX has been explicit that his own approach to capital differs from conventional stock-picking altogether. Musk has stated he does not look for things to invest in and instead tries to build companies he thinks the world needs. That framing puts him closer to a founder-operator than a portfolio manager, yet prospective investors keep asking him how ordinary Americans should think about markets.

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