Danish Pension Fund 'Blacklists' SpaceX Over Poor Corporate Governance
According to Jinji Finance, on May 30, a Danish pension fund managing $25 billion in assets drew attention earlier this year for selling U.S. Treasury bonds, coinciding with Trump's threat to seize Greenland. Now, the fund has announced it will not invest in SpaceX. Its Chief Investment Officer, Schelde, stated that SpaceX is not only 'severely overvalued' but also has a 'disastrous corporate governance structure.' He pointed out that Musk is expected to hold about 80% of the voting rights while simultaneously serving in multiple key roles, including CEO, CTO, and Chairman of the Board.
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