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, citing concerns about the governance structure and what it said was an overvalued stock.• Market indications point to a valuation of

AkademikerPension calls SpaceX "grossly overvalued" at $1.8T and cites "catastrophic governance." Fund joins US pension giants in flagging Musk's 85% voting control.

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,…