Ron Baron and Elon Musk speak at investment conference on November 6
Business · 4 November 2026
Written by AI from multiple news reports
Ron Baron and Elon Musk appeared together at an investment conference on November 6, 2026. Baron, who runs Baron Capital, hosted the annual event and invited Musk to speak about SpaceX.
Baron owns about 1.25% of SpaceX, a stake worth roughly $25 billion. He predicted the company could be worth between $20 trillion and $50 trillion within ten years. Musk did not agree with that estimate.
SpaceX had recently listed on the Nasdaq at a valuation of $1.77 trillion. The company was still losing money each quarter at that point. S&P Global Ratings said SpaceX would probably not make a profit until at least 2029. Baron and Musk have worked together for more than ten years.