[Ron Baron: Baron Capital Adds $1 Billion in SpaceX Shares] According to CNBC, Ron Baron, founder and CEO of Baron Capital, stated that Baron Capital purchased an additional $1 billion in SpaceX shares during its IPO, increasing its holdings in SpaceX to approximately $25 billion. Ron Baron explained that the increase was to maintain their ownership percentage and avoid dilution, rather than for trading purposes. The report noted that SpaceX's current valuation has risen to $2 trillion. Ron Baron has been investing in SpaceX since 2017, when the company was valued at less than $22 billion, and has since participated in 27 funding rounds.