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Danish pension fund CIO: Retail investors flocking to SpaceX are driven by a fear of missing out (FOMO)

2026-06-12 06:50

Odaily Planet Daily News: A Danish pension fund with assets of $25 billion had previously blacklisted SpaceX. Its chief investment officer stated that, given valuation and governance risks, the strong interest retail investors have shown in SpaceX is concerning. There is a general "certain fear of missing out" mentality among retail investors, but the team's analysis suggests that the company is worth far less than its IPO price. (Jinshi)