Ron Baron Invests $1 Billion in SpaceX IPO, Sees Huge Potential

By Mr. n
1 Min Read

Ron Baron says that he bought $1 billion of SpaceX IPO shares last Friday, and said that all of Baron Capital’s SPCX holdings are now worth $25 billion.

CBN @KOH🔥

“I think we’re going to make hundreds of billions of dollars; If you read the prospectus, you realize what they (SpaceX) have done is not possible for anyone else to accomplish. He’s trying to save humanity”

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Fun Fact – Elon Musk added more to his paper wealth in a single trading day than Berkshire Hathaway has earned in most years of its existence — powered almost entirely by SpaceX’s record-breaking IPO.

On June 16 alone, Musk added $164 billion to his fortune in a single trading session — more than Warren Buffett’s entire net worth of ~$148 billion. The Bloomberg Billionaires Index now puts Musk’s total fortune at $1.27 trillion.

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