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May 12, 2026 8:02 PM

SpaceX Could Become A $30 Trillion Monster, Ron Baron Says — And He Wants $1 Billion More

The highly anticipated SpaceX IPO could value the Elon Musk-led space company at $1.5 trillion or more. While that would make the newly public companies one of the most valuable in the world, investor Ron Baron thinks there's still plenty of upside for backers of the company.

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Ron Baron Ready to Buy More SpaceX Stock

Baron Capital CEO and founder Ron Baron has been a big backer of Musk over the years, first with an investment in Tesla Inc (NASDAQ:TSLA) and then followed by the backing of SpaceX in 2017.

Twice a year, SpaceX offers employees the chance to sell their shares. When they do, Baron is among the many investors lined up to buy shares in the currently private company.

Of the $55 billion in assets under management for Baron Capital today, $15 billion is SpaceX stock, the fund's largest holding. That value has risen substantially from the $1.7 ...