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Danish pension fund excludes SpaceX citing governance and valuation - The Economic Times
Danish pension fund Akademikerpension has excluded SpaceX from its investments. The fund cited concerns over the company's governance structure and its high valuation. Akademikerpension believes SpaceX's stock is overvalued, with a market indication of over $1.8 trillion. They also highlighted Elon Musk's significant control over voting rights. This move comes as SpaceX prepares for its initial public offering.
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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.
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channelnewsasia.com
Danish pension fund excludes SpaceX citing governance and valuation
COPENHAGEN, May 29 : Danish pension fund Akademikerpension said on Friday it had placed SpaceX on its portfolio exclusion list ahead of the company's initial public offering,…
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economictimes.indiatimes.com
Danish pension fund excludes SpaceX citing governance and valuation - The Economic Times
Danish pension fund Akademikerpension has excluded SpaceX from its investments. The fund cited concerns over the company's governance structure and its high valuation.…
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gizmodo.com
'Catastrophic Governance Structure' and Murky Financials Complicate SpaceX IPO
Elon Musk's unchallenged power is too risky.