Musk’s $1.8 trillion SpaceX IPO could be ‘highly undesirable’ for some
AI Summary
SpaceX's planned IPO valued at $1.8 trillion raises concerns among pension funds regarding its governance structure and overall valuation under Elon Musk's leadership, suggesting that the offering could be seen as undesirable by some investors.
SpaceX’s IPO could challenge pension funds as concerns grow over its valuation and governance structure under Musk.