Düsseldorf. Anders Schelde is an investor with a clear stance. As investment chief of the Danish pension fund Akademiker, he has placed SpaceX on the blacklist and described the governance of Elon Musk's space company as "catastrophic."
In January, amid the dispute between the USA and Greenland, he decided to divest all US government bonds. In an interview, he explains why he resists the hype surrounding SpaceX's record IPO and why he might invest less in the USA.
Mr. Schelde, many people invest in SpaceX because they are betting on the "Elon Musk factor." You, on the other hand, have put SpaceX on a blacklist. Why?
First, let me say: SpaceX is a fantastic technology company that has achieved a great deal. But it comes with a lot of risk. That is why we decided to put SpaceX on the blacklist, i.e., not to invest there. An important reason is the governance standards. They may seem unnecessary as long as a company is doing well. But in difficult times, they become absolutely crucial. SpaceX's mission is risky; in the coming years, things can and will go wrong. Therefore, we decided to place SpaceX on our blacklist of companies that are not eligible for investment.
