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Billionaire Tesla bull Ron Baron says Musk suggested he would make multiples on his $100 million Twitter investment - TL;DR CNBC

Billionaire Tesla bull Ron Baron says Musk suggested he would make multiples on his $100 million Twitter investment

Publishing timestamp: 2023-02-07 14:28:18


Summary

Billionaire investor Ron Baron said Elon Musk told him he would make "two or three times" his money when he invested $100 million in Musk's take-private Twitter deal. Baron has long been bullish on Tesla and holds almost 6 million Tesla shares through his investment firm, Baron Capital. Musk's acquisition of Twitter has been fraught, but Baron wasn't shaken by Twitter's apparent close shave with bankruptcy.


Sentiment: POSITIVE

Tickers: QUOTES,  TWTR,  TSLA, 

Keywords: business news,  twitter inc,  investment strategy,  tesla inc,  venture capital,  social media,  twitter (delisted),  elon musk,  technology, 

Source: https://www.cnbc.com/2023/02/07/musk-suggested-ron-baron-would-make-multiples-on-twitter-investment-baron-says.html


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