Alright regards, SpaceX is IPO'ing in June 2026 at a $1.5 trillion valuation. That's the biggest IPO in human history. But here's the thing - you can't buy it yet, and when it drops, retail is gonna get fucked on allocation.
So how do you get in NOW?
**BPTRX - Baron Partners Fund**
This fund holds **29% SpaceX**. That's nearly a third of the entire fund sitting in SpaceX shares that normies can't touch. And it's run by Ron Baron, the boomer who made 30x on Tesla and has 25% of his PERSONAL wealth in SpaceX.
**The Setup:**
Ron Baron started buying SpaceX in 2017 at a $20 billion valuation. He's dumped over $1 billion into it. SpaceX is now worth $800 billion in the private market. When it IPOs at $1.5T, he's looking at 10x minimum returns on his original buy.
**December 2025:** The fund went up **19% IN ONE DAY** when SpaceX got revalued on secondary markets. The fund returned +20.8% that month alone.
**The Numbers:**
* SpaceX revenue: $15.5B in 2025 (growing 50%+ annually)
* 160+ launches in 2025 - more than the entire world combined
* Starlink: 4.6M subscribers, doubling every year
* IPO target: June 2026, $1.5 trillion valuation
**The Math:**
Current BPTRX price: \~$244/share SpaceX is 29% of the fund
If SpaceX IPOs at $1.5T (87.5% gain from current $800B valuation):
* Fund's SpaceX position gains 87.5%
* That's a 25%+ boost to the entire fund value
* Your shares print
**Plus you get Tesla exposure (30% of fund) and other Baron picks as a bonus.**
**Why This Works:**
You're not paying some insane premium. You're buying at net asset value. When the IPO happens and SpaceX moons, your fund shares moon with it. And if you're smart, you sell calls against your position when IV spikes before the IPO announcement.
**The Risk:**
This fund is 59% Elon Musk (29% SpaceX + 30% Tesla). If Elon fucks up, you're cooked. Also 2.24% expense ratio but whatever, it's worth it for SpaceX exposure.
**TL;DR:**
* Can't buy SpaceX? Buy BPTRX (29% SpaceX exposure)
* Fund run by legendary investor who bought SpaceX at $20B, now $800B
* IPO coming June 2026 at $1.5T valuation
* Fund went up 19% in one day last December from SpaceX revaluation
* Get in now before the IPO announcement sends this parabolic
Not financial advice. Do your own DD. But SpaceX is going public and this is how you play it early.