The idea that 100s of global pension funds don't do their due diligence when investing 100s of millions or billions of their members' future retirement funds is extremely naive. With sincerity, I hope you can find a way not to be so emotional about what Musk says and be more grounded in what his companies and their employees are doing.
Have you ever heard of a Mortgage Backed Security?
or Bespoke Tranche Opportunity, they don't say CDO any more. I mean, it's the same thing, but still.
Investing in SpaceX is one thing. Investing in SpaceX that is now merged with several other failed companies that each incur massive yearly additional losses.... let's see how long those funds still hold SpaceX.
Isn't xAI profitable after leasing out its DCs to Anthropic?