▲ 532 ▼ A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance (thenextweb.com) submitted 5 months ago by beep@piefed.world to c/technology@lemmy.world 27 comments fedilink hide all child comments 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
[–] SaveTheTuaHawk@lemmy.ca 1 point 5 months ago (2 children) Teachers PF won't touch this IPO with a 12m pole. permalink fedilink source parent hideshow 2 child comments replies: [–] anon_8675309@lemmy.world 3 points 5 months ago* (1 child) I don’t know how the teachers funds work. But if they invest in index funds they’ll be affected. permalink fedilink source parent hideshow 1 child comment replies: [–] sunbeam60@feddit.uk 3 points 5 months ago It depends if they invest it in funds that track the Nasdaq directly. If they do, yes then they’ll get dragged in for a fast pump and dump. permalink fedilink source parent
[–] anon_8675309@lemmy.world 3 points 5 months ago* (1 child) I don’t know how the teachers funds work. But if they invest in index funds they’ll be affected. permalink fedilink source parent hideshow 1 child comment replies: [–] sunbeam60@feddit.uk 3 points 5 months ago It depends if they invest it in funds that track the Nasdaq directly. If they do, yes then they’ll get dragged in for a fast pump and dump. permalink fedilink source parent
[–] sunbeam60@feddit.uk 3 points 5 months ago It depends if they invest it in funds that track the Nasdaq directly. If they do, yes then they’ll get dragged in for a fast pump and dump. permalink fedilink source parent