Wall Street develops new ETFs to help investors avoid Elon Musk exposure, Bloomberg and TechCrunch report

Bloomberg reports new exchange-traded funds explicitly exclude companies founded, controlled, or led by Elon Musk, avoiding SpaceX and Tesla. TechCrunch adds that the two new ETFs allow investors to invest without Musk exposure.

• Don’t want to invest in Elon Musk? Two new ETFs explicitly exclude him
• Wall Street Finds a New Way to Help Investors Avoid Elon Musk