Ron Baron, founder of Baron Capital, revealed that his firm has built a 25 billion USD position in SpaceX through 27 separate transactions since 2017, from an investment capital of approximately 2 billion USD. He anticipates SpaceX's valuation will reach "at least 40 trillion USD" within the next 10 to 15 years, significantly higher than its 2 trillion USD IPO valuation. Baron, who successfully invested in Tesla, turning a 400 million USD investment into 7.7 billion USD in profit, stated he is applying the same long-term investment strategy to SpaceX, which now accounts for over one-third of his firm's 70 billion USD in assets.