Tesla Investor, Elon Musk Fan Ron Baron Launches New Fund Focused On SpaceX, xAI

Quick Summary:

Unlike other special investment vehicles, these Baron funds won't come with high fees, instead giving investors access to the private companies and also boosting the spotlight on Baron Capital Management.

Investor Ron Baron was an early backer of electric vehicle company Tesla Inc (NASDAQ:TSLA) and has invested in other companies linked to Elon Musk over the years.

Baron Capital Management launched new funds to invest in xAI and SpaceX according to a report from Bloomberg.

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Author / Journalist: Chris Katje

Category: Technology

Markets: United States

Topics: SPACE XAI US38259P5089 TSLA GOOG Baron Capital Management Stories That Matter Tech Long Ideas SpaceX Trading Ideas US88160R1014 Top Stories US38259P7069 Ron Baron Mutual Funds Elon Musk Expert Ideas GOOGL Benzinga News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 16:07:16 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 563 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21666079

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