SpaceX officially went public today, Friday, June 12, 2026, and it feels like the only story in your media feed. This is the most anticipated public offering since Airbnb went public in 2020 and by some measures, the most significant IPO of the decade. And despite all that momentum, Inspire will not be holding it as a position in any of our ETFs.
That may come as a shock. It may even sound foolish. SpaceX has accomplished some amazing feats being a company that built rockets that land themselves, put Starlink satellites into orbit to connect the world’s most remote corners, and convinced a generation of engineers that Mars is a logistics question rather than a fantasy. The financial case is compelling and the pressure to own it along with the fear of being the investor who missed the deal of the decade is as intense as anything I have seen in years. Even people buying SpaceX feel like they haven’t bought enough.
As faith-based investors, we felt that pull too. We ran the financials. We asked every due diligence question every informed investor is asking right now. And then we asked one more: what kind of company will we own, and is that company in alignment with who we are and how we invest?
Jesus said in Matthew 6:21,
“For where your treasure is, there your heart will be also.”
Most people read that as a statement about priorities, thinking that what we spend money on reveals what we love. Read it one more time… carefully. He did not say your heart shapes where your treasure goes. He reversed it. What we put our money toward shapes our desires which in turn shapes who we are.
That means the question of what we own is ultimately a question of what we are willing to be formed by.
Because we are sons and daughters of God, entrusted to steward the resources He has given us, we believe we should not knowingly own or profit from companies whose activities come at the expense or harm of other people.
That conviction is the foundation of our investment process.
So why does the company that builds self-landing rockets and casts a vision for humanity becoming an interplanetary species fail our moral audit? The answer is that SpaceX, by itself, may pass many moral screens. But the company it owns does not. And when a company owns another company, even indirectly, ownership brings participation. If investors benefit from the profits of a business, they cannot fully separate themselves from the harms that business enables or fails to prevent.
Here is what our research team found.
X (formerly Twitter), a platform owned by SpaceX, has been identified by the National Center on Sexual Exploitation for failing to adequately address child sexual abuse material on its platform. According to the organization, X has not only declined to take action in certain cases but also continues to facilitate the spread of child sexual abuse content, image-based sexual abuse, AI-generated deepfake pornography, prostitution and sex trafficking, and other forms of online exploitation.
Although X operates as a separate company in a different industry, its profits and business activities are connected to SpaceX through shared ownership. As a result, owners of SpaceX also benefit from X’s profits. For this reason, SpaceX receives a negative Inspire Impact Score and is not held in any Inspire ETF.
The Inspire Impact Score evaluates more than 70,000 publicly traded securities against documented findings across more than 26 screening categories. SpaceX’s score will be publicly available at inspireinsight.com beginning with its IPO listing this Friday.
"SpaceX is an impressive company by any financial measure, and I have no doubt the IPO will generate extraordinary excitement. But I wonder sometimes whether investors have paused to ask what they are actually becoming a partial owner of when they buy.
SpaceX owns X. X has been documented facilitating some of the worst exploitation of human dignity available on the internet.
Our job at Inspire is to find profitable companies our investors can own with a clear conscience before God. SpaceX does not meet that standard. The excitement of the IPO does not change what the company does."
— Robert Netzly, CEO and Founder, Inspire Investing
Inspire was not built to be the loudest voice in a crowded financial market. We were built to be a faithful voice for investors who believe that how you invest is part of how you follow Jesus.
That means there will be moments (like this one) where we pass on what the rest of the market celebrates. We’ve done it before and we’ll do it again.
There is a kind of freedom in that clarity. You don’t have to analyze every headline, weigh every trending ticker, or justify every abstention to a financial press that doesn’t share your values. When you invest from identity instead of impulse, the answer to moments like the SpaceX IPO comes quickly because it comes from who you are and not just what you want in any given moment.
Proverbs 4:23 tells us to guard our hearts above all else, because everything we do flows from them. That applies to what we watch, what we read, who we spend time with and surely It applies to what we fund.
Every publicly traded company we evaluate is available for you to screen at inspireinsight.com. SpaceX will be listed there beginning with its IPO. Every category. Every violation. Every score.
The conversation about who you own in your portfolio is worth having. There is no better time to start than right now.
Learn more at inspireinsight.com.
NCOSE Source: https://endsexualexploitation.com/twitter/
Daniel Mastrolonardo is the Vice President of Sales for Inspire Investing and Chairman of the Give50 Committee, overseeing Inspire’s missional giving strategy and partnerships. Daniel is a Certified ETF Advisor with a Bachelor’s degree in Organizational Management from The Master’s University and a Series 65 license. Outside of work, Daniel enjoys hosting a theological podcast, testing his limits with extreme sports, adventuring in nature, and spending time with his wife and four children.
SpaceX officially went public today, Friday, June 12, 2026, and it feels like the only story in your media feed. This is the most anticipated public offering since Airbnb went public in 2020 and by some measures, the most significant IPO of the decade. And despite all that momentum, Inspire will not be holding it as a position in any of our ETFs.
That may come as a shock. It may even sound foolish. SpaceX has accomplished some amazing feats being a company that built rockets that land themselves, put Starlink satellites into orbit to connect the world’s most remote corners, and convinced a generation of engineers that Mars is a logistics question rather than a fantasy. The financial case is compelling and the pressure to own it along with the fear of being the investor who missed the deal of the decade is as intense as anything I have seen in years. Even people buying SpaceX feel like they haven’t bought enough.
As faith-based investors, we felt that pull too. We ran the financials. We asked every due diligence question every informed investor is asking right now. And then we asked one more: what kind of company will we own, and is that company in alignment with who we are and how we invest?
Jesus said in Matthew 6:21,
“For where your treasure is, there your heart will be also.”
Most people read that as a statement about priorities, thinking that what we spend money on reveals what we love. Read it one more time… carefully. He did not say your heart shapes where your treasure goes. He reversed it. What we put our money toward shapes our desires which in turn shapes who we are.
That means the question of what we own is ultimately a question of what we are willing to be formed by.
Because we are sons and daughters of God, entrusted to steward the resources He has given us, we believe we should not knowingly own or profit from companies whose activities come at the expense or harm of other people.
That conviction is the foundation of our investment process.
So why does the company that builds self-landing rockets and casts a vision for humanity becoming an interplanetary species fail our moral audit? The answer is that SpaceX, by itself, may pass many moral screens. But the company it owns does not. And when a company owns another company, even indirectly, ownership brings participation. If investors benefit from the profits of a business, they cannot fully separate themselves from the harms that business enables or fails to prevent.
Here is what our research team found.
X (formerly Twitter), a platform owned by SpaceX, has been identified by the National Center on Sexual Exploitation for failing to adequately address child sexual abuse material on its platform. According to the organization, X has not only declined to take action in certain cases but also continues to facilitate the spread of child sexual abuse content, image-based sexual abuse, AI-generated deepfake pornography, prostitution and sex trafficking, and other forms of online exploitation.
Although X operates as a separate company in a different industry, its profits and business activities are connected to SpaceX through shared ownership. As a result, owners of SpaceX also benefit from X’s profits. For this reason, SpaceX receives a negative Inspire Impact Score and is not held in any Inspire ETF.
The Inspire Impact Score evaluates more than 70,000 publicly traded securities against documented findings across more than 26 screening categories. SpaceX’s score will be publicly available at inspireinsight.com beginning with its IPO listing this Friday.
"SpaceX is an impressive company by any financial measure, and I have no doubt the IPO will generate extraordinary excitement. But I wonder sometimes whether investors have paused to ask what they are actually becoming a partial owner of when they buy.
SpaceX owns X. X has been documented facilitating some of the worst exploitation of human dignity available on the internet.
Our job at Inspire is to find profitable companies our investors can own with a clear conscience before God. SpaceX does not meet that standard. The excitement of the IPO does not change what the company does."
— Robert Netzly, CEO and Founder, Inspire Investing
Inspire was not built to be the loudest voice in a crowded financial market. We were built to be a faithful voice for investors who believe that how you invest is part of how you follow Jesus.
That means there will be moments (like this one) where we pass on what the rest of the market celebrates. We’ve done it before and we’ll do it again.
There is a kind of freedom in that clarity. You don’t have to analyze every headline, weigh every trending ticker, or justify every abstention to a financial press that doesn’t share your values. When you invest from identity instead of impulse, the answer to moments like the SpaceX IPO comes quickly because it comes from who you are and not just what you want in any given moment.
Proverbs 4:23 tells us to guard our hearts above all else, because everything we do flows from them. That applies to what we watch, what we read, who we spend time with and surely It applies to what we fund.
Every publicly traded company we evaluate is available for you to screen at inspireinsight.com. SpaceX will be listed there beginning with its IPO. Every category. Every violation. Every score.
The conversation about who you own in your portfolio is worth having. There is no better time to start than right now.
Learn more at inspireinsight.com.
NCOSE Source: https://endsexualexploitation.com/twitter/
