Deep Tide TechFlow News, June 15th, according to CNBC, Baron Capital founder and CEO Ron Baron stated that the company added $1 billion worth of shares during SpaceX's initial public offering (IPO), increasing its stake in SpaceX to approximately $25 billion. Ron Baron said this additional purchase was to maintain his ownership percentage and avoid dilution, not for trading purposes.



The report pointed out that SpaceX's current valuation has risen to $2 trillion. Ron Baron has been investing in SpaceX since 2017, when the company's valuation was less than $22 billion, and has participated in 27 funding rounds since then.
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