Business · 1h ago
Two New ETFs Let Investors Avoid Elon Musk-Linked Companies
Two new exchange-traded funds exclude companies founded, controlled, or led by Elon Musk, such as Tesla and SpaceX. The ETFs offer a way for investors to avoid exposure to Musk's businesses. This reflects growing investor demand for ethical or personality-based screening in portfolios.
Meridian48 take
The funds highlight how founder reputation can now drive financial product innovation, but their long-term viability depends on whether enough investors prioritize avoiding Musk over returns.
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Don’t want to invest in Elon Musk? Two new ETFs explicitly exclude him →
TechCrunch
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