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MSCI assigns low ESG score to SpaceX
According to MSCI's rating, SpaceX received the lowest possible rating (CCC) in environmental, social, and governance (ESG) criteria before its initial public offering, amid concerns over poor governance management and concentrated control by major shareholders. The rating reflects high risks threatening the company's reputation and financial stability, as its assessments are compared to countries accused of environmental violations and human rights abuses. SpaceX plans to raise $20 billion through a ten-year bond issuance to repay an existing loan.
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