Danish pension fund blacklists SpaceX: governance situation concerning, valuation severely overestimated
By: www.chaincatcher.com|2026/05/29 20:45:00
0
Share
Prefer us on Google
According to Jinshi reports, the Danish pension fund AkademikerPension has decided to place SpaceX on its "exclusion list" due to concerns about the company's governance. This comes as SpaceX prepares for an IPO and seeks to achieve a valuation of at least $1.8 trillion. According to insiders, the company plans to raise up to $75 billion, which, if successful, would become the largest IPO in history.
AkademikerPension manages approximately $25 billion in assets and had previously excluded Tesla (TSLA.O) and U.S. Treasury bonds from its portfolio for sustainability reasons. The fund stated that the "primary reason" for avoiding SpaceX is related to ESG (Environmental, Social, and Governance) factors, "especially the company's extremely poor performance in governance matters."
The pension fund also added, "That said, if we assess that SpaceX represents a highly attractive investment opportunity, then from an investment return perspective, we cannot justify this decision." "However, as long-term investors, our view is that the company's valuation is already severely inflated."
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Riot Signs $9.1 Billion AI Data Center Lease, Loan Maturity Issues Emerge
Riot Platforms' $9.1 billion AI data center lease agreement has raised new concerns regarding funding timelines. The company secured a $573 million bridge loan.
U.S. Power Grid Needs 510,000 Additional Workers by 2030
Analysis suggests that the U.S. power and grid value chain may need approximately 510,000 additional workers by 2030. Artificial intelligence (AI) data centers and electrification are driving up power demand.
Citi Raises Gold 3-Month Price Target to $4,800 per Ounce
El-Erian: Rising Long-Term Interest Rates Due to Bond Supply Issues
There is a diagnosis that the rise in long-term interest rates in the U.S. should not be interpreted solely as a test of the Federal Reserve (Fed). The key issue is the simultaneous increase in bond supply from both the government and the private sector.
Tom Lee Positively Evaluates $1 Trillion Buyback Plan
The U.S. Treasury's discussion on expanding the long-term Treasury buyback is interpreted as a factor for interest rates and liquidity in the cryptocurrency market. Tom Lee, co-founder of Fundstrat, estimates about $1 trillion in resources.
69% of Russians Do Not Understand the Use of Cryptocurrencies
The use of cryptocurrencies, even after potential legalization, remains unclear to 69% of surveyed Russians: they do not see where and why they could apply such tools in everyday life or finance.
U.S. National Debt Surpasses $40 Trillion, Concerns Over Rising Interest Costs
The total public debt of the United States surpassed $40 trillion for the first time, reaching $40,040,257,576,842.22 on August 18, 2026.
U.S. Chicago National Activity Index for July at -0.08, Below Long-Term Average
SharpLink Institutional Holdings Increase by 60%
The institutional investor ownership stake in SharpLink Gaming ($SBET) has risen to approximately 60% according to the latest 13F filings. This reflects a growing participation of traditional financial institutions in publicly traded companies holding Ethereum (ETH) as a financial asset.
India Lifts Wheat Export Ban
U.S. 30-Year Real Interest Rate Rises to 3.00%, Impacting Risk Asset Valuations
The U.S. 30-year real interest rate has risen to 3.00%, bringing long-term interest rate pressures back into market calculations. Both nominal rates and long-term funding costs adjusted for inflation have increased, affecting stock valuations.
U.S. Treasury to Utilize Nearly $1 Trillion to Support Treasury Buyback Program
Shiba Inu Restart Rumors Spark Community Interpretation Debate
The rumors of a Shiba Inu (SHIB) restart are escalating into a debate over interpretations surrounding community statements rather than official proposals. Discussions about the relaunch of some ecosystem projects and controversies regarding Shibarium's operation are contributing factors.
Glassnode: 85% of Altcoin Funding Rates Above Average, Market Optimistic
152 Wallets Earn $8 Million in Polymarket Military Betting
A total of 152 wallets focused on military and defense events in the prediction market Polymarket have reportedly earned a total profit of $8 million (approximately 1.11 billion KRW).
Saylor Reiterates Bitcoin as a Long-Term Asset
Michael Saylor, chairman of MicroStrategy ($MSTR), has reiterated his existing view of Bitcoin (BTC) as a long-term asset. This statement emphasizes the importance of Bitcoin as a long-term holding rather than announcing a new purchasing policy.
Government Bond Yields Decline: 3-Year Down 1.8bp, 10-Year Down 4.1bp
On the 24th, government bond yields fell, particularly for long-term bonds. The yield on the 3-year government bond closed at 3.836%, down 1.8 basis points from the previous trading day, while the 10-year bond yield recorded a decrease of 4.1 basis points, closing at 4.335%.
Fidelity's Gold Holdings Double, Betting on Fed Credibility Crisis and Decline of Dollar's Status
B.AI Launches Xiaomi MiMo-V2.5 Full-Modal Model for Free Access
Mainland Investors Required to Submit Source of Funds Declaration at Hong Kong Banks
20-Year Treasury Yield at 5.20%, Risks in Cash Flow for Loan Purchases
The long-term U.S. Treasury yield remains in the 5% range, reviving discussions on arbitrage strategies that involve borrowing at low rates to purchase higher-yielding assets. However, focusing solely on nominal yields can overlook cash flow and exchange rate risks.
Iran Discovers 7.5 Trillion Cubic Feet of Natural Gas
Citi Adjusts 2026 and 2027 Government Bond Issuance Forecasts to 221 Trillion Won and 211 Trillion Won
Citi Research has raised its forecasts for total government bond issuance in 2026 and 2027 to 221 trillion won and 211 trillion won, respectively, prioritizing excess tax revenue for the Future Response Fund over bond issuance reduction.
What is Lean Ethereum? Explaining Ethereum's Next-Generation Vision Following the Merge
Alibaba Raises Record $10.2 Billion for AI Development
Analyst supports bearish views on Bitcoin by McGlone
Alibaba's New Share Placement Receives Nearly 3 Times Oversubscription, Sovereign and Long-term Funds Account for Over 40%
Vanguard Launches Europe's Cheapest Global ETF at Just 0.07% Fees
ECB Projects Return to 2% Inflation by 2028
The European Central Bank (ECB) has determined that it is difficult to classify the Eurozone economy as experiencing stagflation. Although there are simultaneous signs of slowing growth and inflationary pressures from energy prices, the likelihood of a recession remains low.
Bitcoin Seen as a Collateral Asset to Replace U.S. Treasury Bonds
Riot Signs $9.1 Billion AI Data Center Lease, Loan Maturity Issues Emerge
Riot Platforms' $9.1 billion AI data center lease agreement has raised new concerns regarding funding timelines. The company secured a $573 million bridge loan.
U.S. Power Grid Needs 510,000 Additional Workers by 2030
Analysis suggests that the U.S. power and grid value chain may need approximately 510,000 additional workers by 2030. Artificial intelligence (AI) data centers and electrification are driving up power demand.
Citi Raises Gold 3-Month Price Target to $4,800 per Ounce
El-Erian: Rising Long-Term Interest Rates Due to Bond Supply Issues
There is a diagnosis that the rise in long-term interest rates in the U.S. should not be interpreted solely as a test of the Federal Reserve (Fed). The key issue is the simultaneous increase in bond supply from both the government and the private sector.
Tom Lee Positively Evaluates $1 Trillion Buyback Plan
The U.S. Treasury's discussion on expanding the long-term Treasury buyback is interpreted as a factor for interest rates and liquidity in the cryptocurrency market. Tom Lee, co-founder of Fundstrat, estimates about $1 trillion in resources.
69% of Russians Do Not Understand the Use of Cryptocurrencies
The use of cryptocurrencies, even after potential legalization, remains unclear to 69% of surveyed Russians: they do not see where and why they could apply such tools in everyday life or finance.
...
Contents
Latest articles
08/24/2026
08/23/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
