SpaceX-Tesla Merger: Ron Baron Told Elon Musk 'Whatever You Decide... Is What I'm Going to Support'

Ron Baron, founder and CEO of Baron Capital, has significant investments in both Tesla and SpaceX, with approximately $5 billion in Tesla and $25 billion in SpaceX stock. He stated that early investments in these companies have generated around $30 billion in profits for his clients. Baron expressed his support for any decision made by Elon Musk regarding a potential merger between the two companies, while also highlighting the future potential of SpaceX's Starlink unit, which he believes could generate $1 trillion in revenue over the next decade. Currently, SpaceX stock is trading at $151.10, up 5.3% from previous levels.