George Soros gave Ron Baron $5 million in 1976 alongside five other analysts - the other five traded constantly, while Baron barely touched his positions: “my $5 million became $10 million with very little trading, which surprised them. but it was the best performance of the group” that $10 million became the foundation of Baron Capital in 1982 - a firm that now manages $69 billion this is him explaining what he believes Starlink alone could eventually be worth, what SpaceX is currently charging Anthropic and Google for compute capacity, and why he thinks no competitor can match its economics “we think Starlink can generate $1 trillion in annual revenue within ten years and $700 to $800 billion in profit. that would make Starlink alone worth around $14 trillion, while the entire company is valued below $2 trillion today” “we sold capacity to Anthropic for $1.25 billion a month. then Google said it needed compute too - another $900 million a month. that’s roughly $30 billion a year from assets that were previously producing nothing” bookmark & watch the full conversation, then read the article below ↓