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Investors Scramble to Avoid SpaceX in Their Portfolios

July 6, 2026

2 min read

Key Takeaways

Some investors are actively avoiding SpaceX due to Elon Musk's involvement.
Investors are moving money into alternative funds and stocks to avoid SpaceX.
Elon Musk has become the world's first trillionaire.
SpaceX is entering Nasdaq's stock indexes.

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Strategic Implications

This avoidance may indicate growing concern among investors about the risks associated with Elon Musk's business ventures. The move to diversify portfolios suggests that some investors could be seeking to mitigate potential losses or reputational damage linked to Musk's companies, which may have broader implications for the tech and aerospace industries.

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What Happened

Anti-Musk Sentiment Drives Retail Investors to Diversify Holdings

As SpaceX prepares to enter Nasdaq’s stock indexes, some investors are taking steps to ensure that their portfolios do not include the company due to its association with Elon Musk. Christopher Bejnar, a software engineer, has moved $50,000 into European index funds and bought shares of Rocket Lab Corp, a SpaceX rival, to avoid backing Musk’s ventures. This move reflects a growing trend of anti-Musk sentiment among retail investors, who are diversifying their holdings to minimize exposure to the entrepreneur’s companies. The development was reported by Bloomberg.

Source | Originally Published: July 6, 2026

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