Nov. 14 at 4:24 PM
$GAME Someone let billionaire Ron Baron know
Gamers only drive Teslas
Billionaire investor Ron Baron has had high conviction in Elon Musk for years. The investor, who owns stakes in Tesla Inc (NASDAQ:TSLA), SpaceX and xAI, may have even more conviction in Musk for the future.
Ron Baron Up
$12 to
$13 Billion With Musk
An investment in Tesla back in 2014 has made an incredible return for Baron and Baron Capital, the fund that he founded. Investments in SpaceX also produced strong returns, adding to the impact that Musk has had on the investor and his fund.
In an interview with CNBC, Baron estimated that he has made around
$12 billion to
$13 billion from his investments in Tesla and SpaceX. The investor put
$400 million into Tesla in 2014 and later invested in SpaceX.