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Danish pension fund excludes SpaceX citing governance and valuation (reuters.com)

470 points by vrganj · 44 days ago · 12 comments on HN

Article summary

A Danish pension fund has excluded SpaceX from its investments due to concerns over governance and valuation. The decision has sparked discussion on the company's valuation and investment potential. The article's details are not available, but the conversation reveals a divide in opinions on SpaceX's investment worthiness. The decision may be seen as part of a broader trend of investors scrutinizing the company's governance and financials.

Main themes

  • SpaceX valuation
  • Governance concerns
  • Investment decisions
  • Pension fund management
  • Tech sector valuation

What commenters say

  • Buying stocks based on hype is a poor investment strategy and can lead to significant losses.
  • The high valuation of SpaceX can be attributed to its innovative technology and potential for growth, rather than just hype.
  • The decision to exclude SpaceX from investment portfolios may be motivated by political considerations rather than purely financial ones.
  • The discussion around SpaceX's valuation is not primarily politically driven, but rather a natural consequence of its high profile and anticipated IPO.
  • Investors should approach valuation with a critical eye, considering both the company's financials and its governance structure.
  • The problems with valuation in the tech sector are symptomatic of deeper structural and geometric economic issues that are difficult to solve.