NORTH CAROLINA TREASURER REJECTS SPACEX VALUATION North Carolina Treasurer Brad Briner said the state pension fund will not buy SpaceX IPO shares, calling its roughly $1.75–1.8 trillion valuation too high. He said the focus is on achieving stable returns for retirees and warned about stretched pricing. The fund prefers exposure via index funds after listing, while continuing AI bets in OpenAI and Anthropic, which Briner says offer more attractive entry valuations.(*Walter Bloomberg)