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Founders Fund is an American venture capital fund formed in 2005 and based in San Francisco. The fund has roughly $12 billion in total assets under management as of 2023. [ 1 ] Founders Fund was the first institutional investor in Space Exploration Technologies ( SpaceX ) and Palantir Technologies , and an early investor in Facebook .
Ron Baron's fund also invested about $100 million in Figs, which he called the "Lululemon of healthcare," in the last few months.
SpaceX's current valuation of about $150 billion makes it one of the most valuable private companies in the world. ... Baron, who according to CNBC owns more than $1 billion worth of shares in the ...
On 4 August 2008, SpaceX accepted a further $20 million investment from Founders Fund. [15] In early 2012, approximately two-thirds of the company was owned by its founder [ 16 ] and his 70 million shares were then estimated to be worth $875 million on private markets , [ 17 ] which roughly valued SpaceX at $1.3 billion as of February 2012. [ 18 ]
Ronald Stephen Baron (born 1943) [1] is an American mutual fund manager, and the founder of Baron Capital, a New York City investment management firm that manages the Baron Funds, [2] and has c. US$45 billion in assets under management (AUM). As of July 2024, Baron had an estimated net worth of US$5.2 billion. [3]
Bandera Fund LLC. Baron Opportunity Fund. Baron Partners Fund. Binance Capital Management Co., Ltd. Brookfield Project X L.P.•CCM 2020 Investments LLC. Cheng and Chen Family Trust. CNK Fund IV, L.P.
Using $100 million of the money he made from the sale of PayPal, Musk founded SpaceX, a spaceflight services company, in 2002. In 2004, Musk was an early investor in electric vehicle manufacturer Tesla Motors, Inc. (later Tesla, Inc.), providing most of the initial financing and assuming the position of the company's chairman.
Musk founded SpaceX as a private company to provide space transportation and, ultimately, colonize Mars. In 2010, the company made its bones by being the first privately held company to put a ...