Undoubtedly so
Tesla Stock Will Gain 550% and SpaceX's Valuation Will Triple By 2030 Under Elon Musk's Leadership, Top Investor Says
It indicates an expandable section or menu, or sometimes previous / next navigation options.An envelope. It indicates the ability to send an email.A stylized bird with an open mouth, tweeting.An image of a chain link. It symobilizes a website link url.He told Bloomberg Tesla can soar 550% and SpaceX can triple in valuation by 2030.Shares of Tesla have tanked this week following a downbeat earnings outlook, but fund manager David Baron remains bullish on Elon Musk's carmaker, as well as his rocket-producer SpaceX.He forecasts Tesla stock to gain about 550% to hit $1,200 a share by 2030, and for SpaceX to triple in valuation over the same period, according to a recent interview conducted by Bloomberg.Baron runs the Baron Focused Growth Fund, which counted Tesla and SpaceX as its largest holdings as of December 31, 2023. The fund climbed 28% in 2023, outperforming the S&P 500's gain of 24%.Baron told Bloomberg that the growth outlook for Musk's companies remains strong, even if it has mod
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