Billionaire Investor Ron Baron Has Already Made at Least a 1,312% Return on His Fund's Investment in SpaceX. Here's What He Thinks the Stock Will Be Worth in 10 to 15 Years
Ron Baron launched his fund in 1982 with just $10 million of capital and has grown it into tens of billions.
Billionaire Investor Ron Baron Has Already Made at Least a 1,312% Return on His Fund's Investment in SpaceX. Here's What He Thinks the Stock Will Be Worth in 10 to 15 Years
Overview
Elon Musk has made many shareholders, from retail to institutional, a lot of money over the years, looking back at all of the companies he's founded, sold, and taken public.
But few have benefited from Musk's entrepreneurship more than billionaire Ron Baron, who has run his own fund, Baron Capital, since 1982. Baron's fund launched with just $10 million in capital and today is valued at nearly $56 billion.
Details
Baron Capital invested in SpaceX when it was still private in 2017 and has likely already generated a massive return of roughly 1,312% since then. Here's what Baron believes SpaceX will be worth over the next 10 to 15 years.
Source
Originally published at www.fool.com.
