Ron Baron added another $1 billion in SpaceX shares during its IPO, boosting his stake to approximately $25 billion.
TechFlame
2026-06-15 12:12
TechFlame2026-06-15 12:12
English
TechFlame News: According to CNBC, Baron Capital founder and CEO Ron Baron said the company added $1 billion worth of SpaceX shares during its initial public offering (IPO), bringing its total stake in SpaceX to approximately $25 billion. Ron Baron noted that the additional purchase was aimed at maintaining the firm's ownership percentage and avoiding dilution, rather than for trading purposes.