A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance
A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance
thenextweb.com
Danish pension fund blacklists SpaceX IPO over governance
AkademikerPension calls SpaceX "grossly overvalued" at $1.8T and cites "catastrophic governance." Fund joins US pension giants in flagging Musk's 85% voting control.
cross-posted from: https://piefed.world/c/tech/p/1160169/a-danish-pension-fund-has-blacklisted-spacex-calling-it-grossly-overvalued-with-catastro
AkademikerPension will not buy SpaceX shares at any price near the $1.8 trillion IPO target, saying the company cannot reasonably be worth more than $1 trillion and that Musk’s voting control makes it effectively uninvestable