This Billionaire Just Bet $1 Billion On SpaceX

Ron Baron, founder of Baron Capital, has placed a $1 billion order for SpaceX shares in the upcoming IPO. His firm has held SpaceX stock since 2017, turning an approximately $2 billion investment into a $15 billion position — all before the company goes public. SpaceX is set to price its IPO on June 11 and begin trading on Nasdaq on June 12 under the ticker SPCX, targeting a valuation of roughly $1.75 trillion and aiming to raise $74.4 billion — which would make it the largest IPO in U.S. history. The company's Starlink connectivity segment generated $11.4 billion in revenue in 2025 and reported 10.3 million paid subscribers in Q1 2026. Baron has publicly stated he expects SpaceX to be worth $10 trillion to $30 trillion within 10 to 15 years, driven by the scale of Starlink and SpaceX's AI ambitions. He has said he does not plan to sell any of his holdings during his lifetime. Not all analysts share that optimism. Morningstar published a fair-value estimate of $780 billion for SpaceX — roughly 48% below the IPO target — calling the company "significantly overvalued." At a $1.75 trillion valuation, SpaceX would trade at approximately 90 times its total annual revenue, a multiple that skeptics argue is difficult to justify on current financials. Disclaimer: Video contains AI generated content. --- #SpaceX #SPCX #RonBaron --- 🖥️ Try Benzinga Pro FREE with a 14 day trial: https://www.benzinga.com/pro/register 📈 Take your trading to the next level with our suite of premium research services and tools: https://www.benzinga.com/services 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Follow us on socials @benzinga ------------------------------------------------------------------------------------ 🔹Free Benzinga Webinars: https://www.youtube.com/watch?v=LQ2jOJNkDfI&list=PL4k0fH8EgI3YTdqniRmxrvz97w3IQ61rD 🔹Benzinga Pro Tutorials: https://www.youtube.com/watch?v=a2FaHhLIrks&list=PL4k0fH8EgI3YMwoBMFXGvVMkgixFymmei&pp=gAQB 🔹Earnings Calls: https://www.youtube.com/watch?v=C2-AoCw64Ok&list=PL4k0fH8EgI3buZI5529R53wJUNd9NS4_s 🔹Premarket Playbook: https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZVRPM7INpG--GvohnBVTnT 🔹Benzinga's All Access: https://www.youtube.com/playlist?list=PL4k0fH8EgI3bQSn91atO-3lPT4V6Nwsmh 🔹Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #StockMarket #StockMarketNews #Trading #StockMarketLive #Stocks #stocktrading #learntotrade #DayTrading #StockMarketToday