Spacex Got the Worst Possible Environmental Grade Right Before Its IPO, Putting It in the Same Tier MSCI Gave Putin’s Russia After It Invaded Ukraine
Elon Musk’s response to SpaceX getting the lowest possible ESG rating: “Unfortunately, electric rockets are impossible.” The grade came down one day before SpaceX’s IPO, courtesy of MSCI, the global index provider whose Environmental, Social, and Governance scores big investors use to size up risk. SpaceX bottomed out the environmental category, according to the Financial…
