Anti-Musk Retail Investors Scramble to Keep SpaceX Out of…

The SpaceX IPO has made headlines as Elon Musk has become the world's first trillionaire. The IPO, valued at $75 billion, broke records, marking SpaceX as the most valuable company in Musk's portfolio, surpassing Tesla. Various related articles discuss the implications of this financial milestone, including options trading for SpaceX shares and the examination of Musk's intertwined business empire amid this significant event. Investors, like software engineer Christopher Bejnar, are adjusting their portfolios to avoid investments in Musk's companies as SpaceX prepares to be included in Nasdaq's stock indexes.

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Elon Musk on screen during the SpaceX IPO.Photographer: Adam Gray/Bloomberg

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By Zijia Song

July 6, 2026 at 10:00 AM UTC

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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.

Read Original at Bloomberg.com →

Anti-Musk Retail Investors Scramble to Keep SpaceX Out of Their Portfolios