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SpaceX, Elon Musk's rocket and satellite company, has been assigned a CCC score by MSCI — the index provider's lowest possible ESG rating — putting the firm in the same tier that Russia occupied after its 2022 invasion of Ukraine.
The designation marks one of the most severe assessments MSCI issues and carries direct consequences for how institutional capital can flow toward the company.
What a CCC Rating Means in Practice MSCI's ESG scale runs from AAA at the top to CCC at the bottom.
A CCC designation signals that MSCI considers the company to be severely lagging on environmental, social and governance criteria relative to peers.
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