Ron Baron Invests $24.9 Billion in SpaceX (SPCX) by June 2026

Ron Baron Capital's latest Q2 13F filing reveals a $24.9 billion investment in SpaceX (SPCX), comprising 145,775,000 shares as of June 30, 2026. This position represents 37.38% of Baron's $66.64 billion portfolio. Despite an average cost basis of $170.86 per share, SPCX closed at $136.97, resulting in an approximate loss of $34 per share for Baron. This significant stake highlights Baron's long-term investment strategy focused on growth companies. Such large commitments from successful investors may indicate confidence in SpaceX's future performance, which is valuable information for ordinary investors seeking growth opportunities.