Here's What a $50,000 Investment in SpaceX Stock Could Look Like in 10 Years, Ac

Space Exploration Technologies (NASDAQ: SPCX) has plenty of supporters, including the billionaire investor Ron Baron -- and for good reason.

Baron founded the asset management firm Baron Capital in 1982 with just $10 million. Earlier this month, the fund had total assets nearing $56 billion. SpaceX and Tesla (NASDAQ: TSLA) founder Elon Musk have played a big role in Baron Capital's gains over the past 12 years, and Baron thinks SpaceX is poised to be something special.

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Here's what a $50,000 investment in SpaceX stock today could be worth in a decade, according to Baron.

Baron is widely considered one of the best growth investors ever, so it should come as no surprise that some of Musk's companies appealed to him. Baron first struck it rich off Musk by investing $400 million in Tesla between 2014 and 2016.

That turned out to be a good bet. Baron, on CNBC, said the fund has made about $8 billion in profit from

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/heres-50-000-investment-spacex-145000647.html)