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Danish pension fund CIO: Retail investors chasing SpaceX are suffering from FOMO

2026-06-12 06:50

Odaily Odaily A $25 billion Danish pension fund had previously blacklisted SpaceX. The fund's chief investment officer stated that considering valuation and governance risks, retail investors' strong interest in SpaceX is concerning. Retail investors generally exhibit "a certain fear of missing out" mentality, but the team's analysis suggests that the company's value is far below its IPO price. (Jin10)