# Starbase

SpaceX’s $75 Billion IPO Meets Its ESG Reckoning: MSCI Issues 'CCC' Red Flag

SpaceX has received a bottom-tier 'CCC' ESG rating from MSCI just prior to its record-breaking $75 billion IPO. The rating highlights deep concerns regarding Elon Musk's concentrated voting power, a history of excessive workplace injuries, and repeated environmental violations at its Texas launch site.