Ron Baron, billionaire founder of Baron Capital, has invested heavily in Tesla and SpaceX and sees potential for multiplication in the coming years
Billionaire investor Ron Baron, founder of asset management firm Baron Capital, has seen his wealth grow by billions of dollars by betting on Elon Musk's companies. He invested around $400 million in Tesla between 2014 and 2016, a value that is now worth $6 billion. Despite the ups and downs in the market, Baron remains optimistic and maintains his long-term investments in Tesla and SpaceX, projecting even greater growth in the coming years.
In a recent interview, the manager highlighted his confidence in Musk's work and believes that investments in these companies can still multiply their value significantly.
Baron Capital has invested over $1 billion in SpaceX and expects significant growth
In addition to his success with Tesla shares, Ron Baron has also invested US$1,1 billion in SpaceX since 2017. With the appreciation of Elon Musk's aerospace company, this amount is now worth around US$4,5 billion.
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The investor projects that, in the coming years, the value of investments in SpaceX could grow up to 10 times, driven by advances in space technology and the company's dominance in the rocket launch and satellite internet sector with Starlink.
Ron Baron bets on Elon Musk's long-term and innovation
Owner of a billion-dollar personal fortune, Ron Baron is known in the market for his long term investment strategy. It prioritizes companies with great growth potential and invests heavily in innovative leadership.
In his interviews, Baron has praised Musk several times, highlighting his vision for the future and his dedication to his work. According to him, the CEO of Tesla and SpaceX has a unique edge, which allows him to transform bold ideas into profitable and sustainable businesses.
Tesla remains one of Baron Capital's largest investments
Baron Capital, a management firm founded by Ron Baron in 1982, currently manages approximately US$45 billion in assets. One of the company's main investments continues to be Tesla, which represents 12% of the manager's entire portfolio.
The billionaire claims that his investment in the automaker there is still space to grow and estimates that the value of Tesla shares could multiply four or five times in the next 10 to 15 years.
Keep betting on musk, America made him richer than God and has been nothing but a traitor of the USA!