By TradingView
Publication Date: 2026-05-12 17:15:00
In a landmark interview with CNBC this morning, billionaire investor Ron Baron said SpaceX is on a trajectory to become the “largest company” on planet Earth.
Over the past six months, Baron Capital has grown its assets under management (AUMs) by an incredible $14 billion, a surge the market mogul attributed to his early and aggressive bets on Elon Musk’s ventures.
As SpaceX prepares for a debut that could shatter all previous records, Baron’s bullish remarks on CNBC suggest a valuation potential that may eventually dwarf the current titans, including Nvidia.
SpaceX seeking $1.75 trillion valuation
Ron Baron described SpaceX’s upcoming IPO as the “largest stock debut in history”.
With Elon Musk reportedly targeting an initial valuation of as much as $1.75 trillion, the company is set to storm onto public markets as a titan.
According to Baron, his firm’s $1.7 billion investment in SpaceX since 2017 has ballooned to an exciting $15 billion already. “SpaceX grew,” he noted simply when asked about the recent AUM surge.
On Squawk Box, the market expert highlighted a unique liquidity strategy that allowed SpaceX to remain private for so long: biannual $1 billion tender offers.
“We’ve been one of the largest, if not the largest, purchasers in each of those deals,” Baron revealed, explaining how he bought shares directly from employees to build his massive stake.
Why Baron remains constructive on SpaceX
Baron’s conviction isn’t just rooted in rockets – but…
