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The Investors Scrambling to Keep SpaceX - and Elon Musk - Out of Their Portfolios

The Investors Scrambling to Keep SpaceX - and Elon Musk - Out of Their Portfolios
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Personal Investing The Investors Scrambling to Keep SpaceX - and Elon Musk - Out of Their Portfolios Christopher Bejnar has spent the last couple of months combing through the fine print of exchange-traded funds, emailing financial advisers and moving money into European stocks – all to keep SpaceX out of his $1 million portfolio. As Elon Musk’s newest public company heads into Nasdaq’s stock indexes this week, the 46-year-old software engineer in Philadelphia is making sure that none of his...

Personal Investing The Investors Scrambling to Keep SpaceX - and Elon Musk - Out of Their Portfolios Christopher Bejnar has spent the last couple of months combing through the fine print of exchange-traded funds, emailing financial advisers and moving money into European stocks – all to keep SpaceX out of his $1 million portfolio. As Elon Musk’s newest public company heads into Nasdaq’s stock indexes this week, the 46-year-old software engineer in Philadelphia is making sure that none of his money is backing the Tesla and SpaceX founder who recently became the world’s first trillionaire. To stay away, Bejnar said he’s moved $50,000 into European index funds and bought shares of Rocket Lab Corp, a SpaceX rival. [Image text:] SPAGEY Nas(
SpaceX (ORG) Elon Musk - Out (PERSON) European (ORG) Elon Musk’s (PERSON) Nasdaq (ORG) Philadelphia (LOCATION) Tesla (ORG) Bejnar (PERSON) Rocket Lab Corp (ORG)
Originally published by Bloomberg Markets Read original →