Sunday, June 21, 2026

It’s a scam’: Americans express unease over SpaceX’s influence on retirement savings

“I think that the amount is absolutely ridiculous and untethered to the company’s actual value,” he said. “I think it’s abhorrent that my savings and retirement funds are tied so intricately to these tech companies, especially when they cannot be held accountable by investors.”… 

“As someone looking to retire in the next five to 10 years, I’m alarmed at big tech’s market consolidation and its impact on my savings and investments. As a human being, I’m distraught that these companies all seem to be run by people with little accountability or moral compass,” he said. “How and why do my finances have to be bound to a racist, narcissistic, baby man who does not seem to care about other human beings? Everything about this is wrong.”

https://www.theguardian.com/science/2026/jun/19/spacex-retirement-savings-elon-musk


 

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