One of Denmark’s biggest pension fund blacklists IPO of Elon Musk’s Spacex

 A major Danish pension fund, AkademikerPension, will not invest in SpaceX’s upcoming IPO. The fund cites severe overvaluation and a deeply flawed corporate governance model. They believe Elon Musk’s near-absolute control poses significant risks. Other institutional investors also express concerns about SpaceX’s proposed governance structure. This decision highlights investor caution regarding the aerospace giant’s public debut. A major Danish pension fund, AkademikerPension, will not invest in SpaceX’s upcoming IPO. The fund cites severe overvaluation and a deeply flawed corporate governance model. They believe Elon Musk’s near-absolute control poses significant risks. Other institutional investors also express concerns about SpaceX’s proposed governance structure. This decision highlights investor caution regarding the aerospace giant’s public debut.