MSCI Downgrades SpaceX ESG Rating to CCC, Stock Falls 16%

MSCI downgraded SpaceX's ESG rating to CCC, the lowest tier, causing SPCX stock to drop 16% on the same day. Elon Musk criticized the decision on X. MSCI cited three specific reasons for the downgrade.

Detected & updated continuously · Source: Ruma

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SpaceX (Backpack Securities) (spcx)@elonmusk