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Tesla and SpaceX’s biggest bull just placed a massive $1B bet on the stock
Renowned investor Ron Baron has demonstrated his unwavering faith in Elon Musk's ventures by purchasing an additional $1 billion in SpaceX shares. This move pushes Baron Capital's total holdings in the company to a staggering $25 billion in market value. Baron's relationship with SpaceX dates back to 2017, and his early stakes have generated over $13 billion in unrealized gains. He envisions the company as a cornerstone of humanity's multi-planetary future, potentially reaching valuations of $10-30 trillion