SpaceX stock falls after MSCI gives lowest ESG rating
Key takeaways
- MSCI gave Space X a CCC rating — the bottom of its environmental, social, and governance scale — on June 11.
- Monday's premarket decline extended a losing streak that began last week.
- The ESG rating and the stock decline arrive as SpaceX is also weighing a reported $20 billion bond sale to fund its AI and space operations.
Space X stock falls after MSCI gives lowest ESG rating Quartz · JIM WATSON / Getty Images Cris Tolomia Mon, June 22, 2026 at 7:13 PM GMT+7 2 min read MSCI SPCX Space X stock fell as much as 5.73% in premarket trading Monday after global financial services firm MSCI assigned the company its lowest possible ESG rating, a move that CEO Elon Musk dismissed with a quip about rocket propulsion.
MSCI gave Space X a CCC rating — the bottom of its environmental, social, and governance scale — on June 11. SpaceX received a controversies score of 1 out of 10 and a governance score of 3.2 out of 10 in the same assessment — scores that land it in the same ESG tier that Russia occupies since its invasion of Ukraine in 2022. MSCI cited exposure to ESG risks and insufficient management of those issues as the basis for the rating.
On X, Elon Musk offered a one-line rebuttal — "Unfortunately, electric rockets are impossible" — a quip that took aim at ESG standards which hold emissions-heavy sectors to criteria those industries say cannot be met through any available technology, according to Yahoo Finance.