SpaceX Receives Lowest CSR Rating
SpaceX received the lowest possible ESG rating from MSCI just before its IPO, citing poor management of environmental, social, and governance risks. The company scored a CCC, indicating significant controversies and weak governance, leading to a more than 10% drop in its stock price. Elon Musk dismissed the ratings, claiming ESG is "a scam," amid ongoing scrutiny over workplace safety, labor disputes, and legal challenges facing SpaceX.
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