By Admin 
Elon Musk SpaceX IPO: Baron Capital’s 83-year-old CEO and billionaire investor Ron Baron has placed a huge order of $ 1 billion (about Rs 8300 crore) for the company’s shares even before SpaceX made its debut in the stock market. Baron has also made it clear that he has no plans to sell his stake throughout his life.
He called SpaceX one of the strongest investment decisions of his career. His words came to light during a client call held on June 2, in which about 3000 people participated. These things have created new excitement among investors ahead of SpaceX’s possible Nasdaq debut around June 12. Barron has also estimated the valuation of the company to reach 30 trillion dollars (about 30000 billion dollars) during this period.
Baron’s prediction about SpaceX
Baron has been trusting SpaceX since 2017. Over the years, he bought shares through employee tender offer and gradually built up his largest stake in the company. His strategy has also been successful because his total investment so far has increased to about $1.7 billion now reaching about $15 billion.
During the client call, Baron said that he believes SpaceX could be valued between $10 trillion and $30 trillion in the next 10 to 15 years, while he expects it to go public at a valuation of less than $2 trillion. Baron said that the company is ‘the largest and most profitable company in the world. Can be made. He believes that SpaceX’s reusable rockets, Starlink satellite internet service and data centers being built in space will accelerate this growth.
The biggest IPO in history
SpaceX is targeting $1.75 trillion to $1.77 trillion for its IPO. The company has set a fixed price of $135 per share, which can be listed on Nasdaq by June 2026. If this IPO is successful, if investors place huge bids in it, then Elon Musk’s total wealth will cross 1 trillion dollars (1 Trillion) and he will become the world’s first trillionaire.
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