BREAKING: Ron Baron bought $1 billion of SpaceX stock at Friday's IPO, the billionaire investor told CNBC.
His firm Baron Capital now holds about $25 billion of SpaceX shares.
Baron said on Squawk Box, "I think we're going to make hundreds of billions of dollars."
He's been buying SpaceX shares in private rounds since 2017.
The $1 billion buy came on IPO day, with the stock closing up 19%.
I've said it before, & I'll say it again. This might be the fastest way to accumulate $3 million by the end of 2026:
$SPCX (SpaceX) → $150 Must buy
$APP (AppLovin) → $492 Must buy
$PLTR (Palantir Technologies) → $122 Must buy
$HIMS (Hims & Hers) → $22 Must buy
$HOOD (Robinhood Markets) → $86 Must buy
$SOFI (SoFi Technologies) → $12 Must buy
$AFRM (Affirm Holdings) → $62 Must buy
I often get asked why I don't turn this into paid content, but for me, sharing stock information is just a hobby.
I'm not financially struggling, so I choose to share it for free.
NFA
Charles Barkley says the most he ever made in the NBA was $5,000,000 while some players barely leave the bench and make more today
“It’s gonna sound stupid… the most money I ever made was $5,000,000. That was my last year. Nowadays? That’s basically nothing in the NBA”
Mikal Bridges bought all 17 Knicks teammates Rolexes for Christmas and there's an unwritten "$20 million rule" behind it
"Getting 17 Rolexes is a very tough task. Much love to him"
"I'm walking out to the cold tub, he says 'stay in here.' Next thing, they come rolling in on a dolly. I was hyped I didn't expect watches"
"There's a threshold: when you make $20 million and up, that's when you have to give everybody a team gift"
Brunson: "Yeah so next year I have to do something"
Dwyane Wade says he gave up $20,000,000 to team up with LeBron only to learn one brutal lesson: you can never get that money back
“Part of me was a little pissed, I’m human, I don’t want to lose the best player in the game”
“Now I gotta figure out my future, because I've given up a lot of my startup, and I've given up my place for you to step in and help lead us”
“Money don't come back people, you can make more but you ain't getting that money back, you can’t recruit that money”
Morgan Stanley’s projected SpaceX revenue:
2040: $3.4 trillion estimated
2030: $330 billion estimated
2028: $160 billion estimated
2025: $18.7 billion actual
Elon Musk has said SpaceX could reach $1 trillion in revenue by 2030.
SpaceX’s 2026 revenue is likely to be around $23–25 billion. Today, $SPCX has a market cap of $2.27 trillion, with the stock trading at $173 per share.
If SpaceX really reaches $1 trillion in revenue by 2030, then under the current valuation framework, its theoretical market cap could exceed $90 trillion, implying a potential share price range of roughly $6,900–$7,500.
Even if the valuation multiple compresses significantly, using a 20x–30x sales multiple, SpaceX could still be worth $20–30 trillion by 2030, implying a share price of around $1,500–$2,300.
In other words, if you invest $10,000 in $SPCX today, you could potentially see it grow to around $150,000 by 2030.
Do not miss the opportunity to build life-changing wealth.
So you can be forced to wear a uniform with a values statement you disagree with in MLB, but you aren’t allowed to state your disagreement with the values? The clear solution here is just wear normal uniforms and stop pride nights. It’s counterproductive at this point.
SpaceX hit $3 trillion market cap today.
This means Elon Musk made more money in the last 24 hours than Warren Buffett made in his entire lifetime.
Insane.
The Pirates haven’t won a Paul Skenes start in over a month and are currently trailing the Marlins 2-1…
Skenes has seen a dip in his fastball velocity this season and nobody in Pittsburgh seems to notice he’s holding the baseball with a different set of muscles this year….
Here he is last June holding the baseball with his interossei muscles (left video) compared to his flexor digitorum superficialis today (right video)….
The interossei originate on the hand, the FDS originate on the humerus….
This is why his hand & wrist orientation is so different at the top of his motion as well as at his follow through….
For four straight years, Long Island has ruled New York’s Class B. On Sunday, Manhasset made it five.
For the first time since 2023 and the first time in Class B since 1995, Manhasset rules the state.
The celebrations, the triumph and the realization of a lifelong dream:
Gotta be honest, this @ufc event at the White House looks spectacular. This is a big time show. I’m not there, and we all know all the complaints folks had about renovations at and around the White House, etc, but — to be fair — this is some impressive stuff I’m looking at. Props to UFC President @danawhite and the show they’ve put on. It’s Bigtime. Plain and simple!!!
Keys to happiness:
1. Exercise daily
2. Cherish EVERY DAY
3. NEVER compare yourself to others
4. Don't live in the past
5. Compliment others
6. Don't attempt to be rational with irrational people
7. Be grateful for what you HAVE
8. Daily professional improvement
Dana White on the event not being political: I did all the media. We went to New York, I did far left. I did far right. I did down the middle. I did it all. I believe if you are an American, no matter where you sit politically, tonight was a proud night to just sit around and enjoy the 250th birthday of America.
Charles Barkley: "When he signed with New York...we knew he was gonna be a good player. But come on man. None of us saw this"
Rick Brunson: "Not even me. I thought he'd be a good player"
Jalen: "I'd be lying to you guys saying I saw this as well but what he's instilled in me as a kid you never know what's gonna happen if you just continue to work hard...when you focus on just winning, you're not focusing on yourself, you're not focusing on the individual accolades that you can get. He kind of instilled that in me. I'm programmed to say that because I actually believe those things. I believe it's all about the team, it's all about our success. If we win, everyone eats. That's how I think of it. But it's how my mom and him raised me"
Cold Spring Harbor boys lacrosse topped Marcellus in the state Class D title game. And it wasn’t easy; in fact, it was the best title game of the day.
But that makes the celebrations all the more memorable. Here’s how it looked: