macro

Ron Baron Expects Hundreds of Billions From His Musk Bets

Baron Capital founder Ron Baron told CNBC he expects hundreds of billions in gains over the next decade from his Tesla and SpaceX holdings. Source: Stocktwits.

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what happened

Baron Capital founder Ron Baron, according to Stocktwits citing a CNBC interview, said his investments in Elon Musk's companies have already generated roughly $30 billion, and he expects far larger returns over the next ten years. He said a possible Tesla and SpaceX merger, which independent committees are reportedly reviewing, would not change his outcome, adding that he trusts Musk's judgment.

Baron also recalled that Tesla shares once traded between $200 and $300 before climbing about 20 times. He argued that staying invested beats trying to time market swings. He further called space-based data centers a possible next breakthrough for Musk and expects meaningful deployments as early as 2028.

why it matters

This is one investor's opinion rather than company data, so its direct market impact is limited. Projections of future returns from a single investor should be read as a personal view. For Tesla and SpaceX shares, the progress of the merger discussions matters more.

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sources

  1. Ron Baron Has Made $30B Betting On Elon Musk — Now He Sees ‘Hundreds Of Billions’ More Coming From His TSLA, SPCX Investments — Stocktwits, 8 November 2026 at 09:56 UTC

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