Ron Baron, founder and CEO of Baron Capital, is set to return to CNBC’s Squawk Box on Monday, June 15 at 7:30 a.m. ET to discuss SpaceX IPO prospects just three days after the company’s historic public debut.
SpaceX completed its initial public offering on June 12, 2026, raising a record $75 billion at $135 per share on the Nasdaq under the ticker SPCX, making it the largest IPO in capital markets history. The offering valued the company at approximately $1.78 trillion.
Baron has been one of the most vocal champions of SpaceX’s public market entry. In recent weeks, he predicted that SpaceX will eventually become the largest company on the planet, with a potential valuation of $30 trillion within 10 to 15 years. Baron Capital’s own SpaceX holdings, valued at roughly $15 billion before the IPO, were expected to reach approximately $24 billion following the public offering.
The billionaire investor has put significant capital behind his conviction. Baron placed a $1 billion order for SpaceX IPO shares and stated he does not expect to sell his personal or fund holdings in his lifetime. His fund’s SpaceX position has already delivered a 1,312% return since Baron Capital’s initial investment in 2017.
Baron’s long-term investment philosophy emphasizes growth potential in transformative businesses. He founded Baron Capital in 1982 and has built it into a major asset manager with approximately $47 billion under management as of March 2026. His flagship funds have focused on identifying companies with sustainable competitive advantages and significant runway for expansion, a strategy that has made him a prominent backer of both Tesla and SpaceX.
The SpaceX IPO marks a major milestone for Elon Musk’s space exploration company, which has become central to U.S. government satellite and national security operations. Musk’s net worth surpassed the $1 trillion mark following the public offering, making him the world’s first trillionaire. For early investors like Baron Capital, the IPO represents a significant wealth creation event and validation of years of conviction in the company’s mission and market potential.
Sources
- Baron Capital (LinkedIn) — Ron Baron’s return to Squawk Box on June 15, 2026
- Reuters — SpaceX IPO pricing at $135 per share, $75 billion raise
- Bloomberg — SpaceX IPO valuation and first-day trading details
- Yahoo Finance — Ron Baron’s $30 trillion SpaceX valuation prediction
- Financial Express — Ron Baron’s $1 billion SpaceX IPO order
- Wealth Professional — Baron Capital’s SpaceX position value post-IPO
- The Motley Fool — Ron Baron’s fund 1,312% return on SpaceX investment
- Baron Capital official website — Ron Baron biography and company founding details
