A lipstick making device includes an elastic mold device having a mold cavity for filling and molding a lipstick element, three or more curved mold pieces movably disposed above the elastic mold device for forming a hole in the mold pieces when the curved mold pieces are moved radially inward and toward each other, and for receiving the lipstick material to form a root portion of the lipstick element. The root portion of the lipstick element may be exposed when the curved mold pieces are moved away from each other for allowing the slide of the lipstick housing to be easily and readily engaged onto the exposed root portion of the lipstick element.