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Baron’s Trillion-Dollar SpaceX Bet | Raleigh News
Ron Baron, the visionary fund manager behind Baron Capital’s $25 billion SpaceX bet, is weathering a temporary dip—shares traded below his cost, leaving him $34 per share in the red. But for someone who famously rode Tesla through turbulence, patience is his superpower. He sees SpaceX not just as a rocket company, but as an AI infrastructure titan powered by Starlink and massive developer ecosystems. With 92% YoY revenue growth, shrinking losses, and government contracts rolling in, Baron’s long-term thesis remains unshaken: he’s betting on trillions—not today’s headlines. Listen in…
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