Any chance of bypassing the paywall? Does someone have a archive link perhaps?
Here you go: https://archive.ph/dsVfR
Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
241–250 of 560 posts
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#242I really want a QQQ/VOO replacement that excludes these new rushed IPOs that are just exit liquidity. There are ETFs that exclude harmful industries like gambling, weapons and tobacco. How about an ETF that doesn't include IPOs for six months or until insider lock ups periods are over.
A long and a short cancel out. So you could construe this yourselves. (Recognise that this has a long tradition on HN ;)
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Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#243Earlier quoted context omitted.
Because of the Musk reality distortion field. The claim is that all data centers will move into space, and that SpaceX will completely own that market.
This sounds amazing until something needs replacement. Until data centers on earth has a 99.99% (or higher) level of autonomous operation with very minimal requirements to maintenance and part replacements, they're not sending anything into orbit...
It sounds amazing for 14yo boys who are not specifically into hard sci-fi.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#244(Apologies for the bad grammar, my son was born a little over 24 hours ago. I’m choosing not to use a LLM, so you are getting the real me) Even sovereign funds (example Norway) are invested in American tech, funds, and indexes. It is interesting to think about (from the perspective of an immigrant to Norway) how I moved my life’s savings from the US to Norway. I’m now fully invested into Norway (real estate, savings,…
As a Nordic (Finland), I think this is true. In the history, US has been always admired and we've loved to travel there and cherish the culture. Damn, I was there when Conan O'Brien traveled to Helsinki, and greeting him with this massive crowd of people who really love him. I married an American, I've traveled through the country multiple times with my partner. Love the food, people, the nature, the cities. But this…
Conan is great!
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#245Earlier quoted context omitted.
Elon achived this valuation by merging xAI into SpaceX. The future of xAI is questionable, and without it SpaceX is very overvalued.
SpaceX has the potential to be the most valuable company ever if the space economy expands. Starlink will be a tiny puzzle piece by then. How is this even debatable.
If the space economy expands + if spacex continue to hold market share + if it can do so while increasing profitably against increasing competition in the future. And considering the argument is for "the most valuable company", if spacex can do all of the above while other non-space related companies that are hugely profitable slow down their paces of innovation, spacex could be the most valuable company ever.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#246American gov is gonna invade Greenland for sure for not cooperating with american conmen
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#247I really want a QQQ/VOO replacement that excludes these new rushed IPOs that are just exit liquidity. There are ETFs that exclude harmful industries like gambling, weapons and tobacco. How about an ETF that doesn't include IPOs for six months or until insider lock ups periods are over.
I think VGT is a good QQQ replacement. It is based [1] on the MSCI US Investable Market Information Technology 25/50 Index which is free-float adjusted [2] [3], meaning that SpaceX will have a lower weight due to its lower free float. Also, VGT has a substantially lower expense ratio (9 bps / year [4]) than QQQ (18 bps / year [5]). You can compare VGT and QQQ's holdings on these pages [6] [7]. [1] https://fund-docs.v…
That's fantastic. Thanks! I actually use QQQM which has lower fees. Seems like Invesco pulled a trick from marketing and segmented the market to have it both ways. I also need to find leveraged ETFs that have float adjusted weights which is a bit trickier. I might just pull out of TQQQ until the dust settles.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#248Apologies for the naivety, but, why is SpaceX valued so high? Starlink? Are rockets really a lucrative business? Don’t get me wrong, being able to send objects up into orbit is cool, but is it $1.8T cool?
The earth is finite, and space, for all intents and purposes, is not, and expansion into it would thus be required to sustain any super linear growth of the economy. Well, and rockets are cool. Perhaps people would much rather invest in something with the veneer of furthering space exploration (and the promise of infinite riches) than buy into some crypto blockchain startup. And, its not as if other current valuation…
SpaceX isn't opening space to everyone. They're are preparing for the select few to be able to escape once the earth is no longer sustainable due to their own efforts.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#249Earlier quoted context omitted.
Elon achived this valuation by merging xAI into SpaceX. The future of xAI is questionable, and without it SpaceX is very overvalued.
SpaceX has the potential to be the most valuable company ever if the space economy expands. Starlink will be a tiny puzzle piece by then. How is this even debatable.
What space economy? Aside from satellites- which have been a known quantity for a long time- I'm not seeing it.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#250(Apologies for the bad grammar, my son was born a little over 24 hours ago. I’m choosing not to use a LLM, so you are getting the real me) Even sovereign funds (example Norway) are invested in American tech, funds, and indexes. It is interesting to think about (from the perspective of an immigrant to Norway) how I moved my life’s savings from the US to Norway. I’m now fully invested into Norway (real estate, savings,…
>I think that is no longer true and maybe this decision by Denmark is a data point of how the Nordics are changing? No, this is just standard pension fund governance.
Right, that makes sense. I assume it happens often as part of the governance process. my original statement could have be better phrased as a question.
What are your thoughts on the general consensus of Nordics views and opinions about the US?