SpaceX Bull Ron Baron & Vice President JD Vance 6/15/26

Squawk Pod

CNBC

Investing, Business, Business News, News

4.2 • 547 Ratings

🗓️ 15 June 2026

⏱️ 51 minutes

🔗️ Recording | Apple Podcasts | RSS

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Summary

The U.S. and Iran have agreed to a peace deal, set to be signed on Friday. Vice President JD Vance shares details of the deal, including flows through the Strait of Hormuz, Iran’s nuclear program, and the resulting shifts to energy prices. As SpaceX starts its first full day of trading on the public markets, Ron Baron, with about half of his $70B+ fund’s portfolio in SpaceX and Tesla, says he’s still betting on Elon Musk. Baron addresses valuation concerns and explains his ongoing optimism regarding the world’s first trillionaire. Leslie Picker Ron Baron Vice President JD Vance Leslie Picker - 10:01 Ron Baron - 18:26 Vice President JD Vance - 44:25 In this episode: Leslie Picker, @LesliePicker Robert Frank, @robtfrank Brian Sullivan, @SullyCNBC Becky Quick, @BeckyQuick Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	bring in show music please this is squawk pod and i'm cnbc producer cameron costa on today's episode
0:09.9	two big headlines first a peace deal with iran set to be signed this friday and vice president jd vans
0:20.2	has the details.
0:21.8	It immediately reopens the Straits of Hormuz. We're already seeing in the past 24 hours
0:26.4	more traffic flow. You see oil prices coming down. But you also have the long-term commitment
0:31.7	that Iran will never develop or procure a nuclear weapon. Then SpaceX's launch into the public markets.
0:39.7	Ron Barron, long-time ball on Elon Musk,
0:42.5	has half his fund's portfolio tied up in SpaceX and Tesla.
0:47.4	How rich is he now?
0:48.5	I don't know.
0:49.3	More than Thursday.
0:50.5	And he is still betting on Elon.
0:53.2	$24 billion.
0:55.0	That's across all the funds?
0:56.0	Cross all the funds.
0:57.0	Cross all the funds and that was...
0:58.0	I'm not sure if it's $24, $25 billion, because we put another billion on Friday.
1:03.0	It is Monday, June 15th, 2026, and Squawk Pod begins right now.
1:10.0	Stand Becky by in three, two, one.
1:13.6	Cure, please.
1:16.1	Good morning, everybody.
1:17.7	Welcome to Squackbox right here on CNBC.
	...

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