Inspire Investing Blacklists SpaceX Over X Platform Controversies

As SpaceX prepares for its initial public offering this Friday, the world’s largest Christian ETF provider, Inspire Investing, has announced it will exclude the aerospace giant from its portfolios. The decision stems from a negative impact score linked to SpaceX’s ownership of X, the platform formerly known as Twitter.

Inspire Investing utilizes a biblically responsible methodology to screen assets, disqualifying companies that profit from or facilitate human exploitation. The firm’s research team determined that SpaceX fails these ethical standards due to its controlling stake in X. According to the National Center on Sexual Exploitation, the social media platform has repeatedly failed to address child sexual abuse material, image-based abuse, and sex trafficking.

CEO Robert Netzly stated that while SpaceX remains a notable financial entity, the firm’s ownership of X creates an unacceptable moral entanglement. He argued that the parent company cannot be separated from the digital harms facilitated by its subsidiary, as both entities share profits and business interests. Investors utilizing the Inspire Insight tool will see the negative score reflected upon the company’s market debut. This exclusion is not a financial forecast, but a values-based measure intended to ensure portfolios remain consistent with the firm’s interpretation of scriptural principles.