Billionaire Ron Baron owns over $1 billion stake in SpaceX: Report

Billionaire investor and fund manager Ron Baron said on Wednesday he owned over $1 billion worth of shares in Elon Musk's rocket company SpaceX. "We're one of the largest investors in SpaceX," Baron, who is a close aide to Musk told CNBC. He has also reportedly invested $100 million as part of Musk's deal for X (formerly Twitter).