An electric motor, in which the thrust bearing action is performed by the magnetic attraction forces induced between a annular stator core with toroidal coils and magnets confronting the stator core, includes at least a cup-shaped member with a central cylindrical portion opened at the center, the cup-shaped member serving as a magnet yoke and a seat on which an element to be driven by the motor is mounted, and a cylindrical rotary sleeve press-fitted in the central cylindrical portion. This construction contributes to a reduction of the weight, size and manufacturing cost of the motor.