# SPCX Stock Slides Overnight: Musk Says ‘Electric Rockets Are Impossible’ After MSCI Slaps SpaceX With Lowest ESG Rating

> **Open Intelligence Dossier** · First detected: 2026-06-22 12:07 UTC · Category: Business

## Executive Summary
SpaceX stock faces downward pressure following an MSCI ESG rating downgrade and public remarks from Elon Musk regarding rocket propulsion technology.

## Intelligence Brief
SPCX shares experienced an overnight decline following the announcement that MSCI assigned SpaceX the lowest possible ESG rating. The classification matches the rating previously applied to Russia following its invasion of Ukraine.


Coverage from outlets including the Financial Times, Forbes, and Yahoo Finance highlights the discrepancy between the company's $2.4 trillion market capitalization and its new sustainability assessment. Reports also note the timing of this rating in relation to the company's anticipated $75 billion initial public offering.


Observers are tracking the continued market reaction to the stock. Musk’s public comments regarding the feasibility of electric rockets remain a focal point of current reporting, though coverage does not yet specify how these developments will affect the IPO schedule.

## Multi-Source Evidence Table
| Source Outlet | Headline | Verification URL |
|---|---|---|
| Teslarati | Elon Musk responds to SpaceX’s ESG rating and says its rockets won’t go electric | [Source Link](https://news.google.com/rss/articles/CBMikgFBVV95cUxNaU5kVF9wVFFlcGpPNXlta1VxVWZRWDljZmpHS0VuYS1VZmlzZ3g5Z3hEOFFZcGVYWXdGSl91b3A1Vk4yQ0lPVGRZTnloNFR5bkh0WDVlV3dsei1qMzdUMXRDT0Jua1lpZWhVRHg4SDl6cGxXZy1WcktYYVZNNjVzbko2bVpUUU5DWnh1OVM4SmVyUQ?oc=5) |
| Forbes | SpaceX Given Poorest Sustainability Rating Possible | [Source Link](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPNXpkUFNCencyNDNWbWNxSXUzd2lXb1l6VkkyS056dzJBdWlQejVVM1hITG9jbFowVFRhdzhGUjZtWkdVUWZGMGg3RzA1MGdwMjBtQTBGYXVMWExyQ1FvNUVrNWdsaDFRQ2RwQUkwd0JJWG1SX3FMTHRtcVNfcVA5MWFuUEEtTXRwTEFDUmN2SnJjMnJYa2RJZm1ETFQycVRNWUFHTFAyaFJYY2NERkdEaml3Vl9XOUV3RjdMclkwX0hhd2M?oc=5) |
| qz.com | SpaceX stock falls after MSCI gives lowest ESG rating | [Source Link](https://news.google.com/rss/articles/CBMia0FVX3lxTFA3eGtQSVh1aUJqYjRIRWkyQURMWjlPX3ZmdllPc0QzSERhcjhtX2NSZ2htODlUTkZ3cWMwbUVEZkRkV2xVQW9aUmoxNUJIRFVmNThTWUlqemRfaVhEUS16M2d5OFp1Qi0xcWlN?oc=5) |
| National Review | SpaceX Is Not the S in ESG | [Source Link](https://news.google.com/rss/articles/CBMic0FVX3lxTE5wTE9GQkdrYjFSTnFKeV83WElrRWpkSUJYY0Q0ZTVqVlVEVjFVOG9BbjJ6cVRHVlBDcFNSUnBUM3pzQTJ3dVNVNmZiU2RnU2ZUdWZBRHZwb3pBeTRSM1p6SHhfdU52UUgxVEY1Nk9HRlVvRW_SAXhBVV95cUxPRUtYQUljTzZ5MEJNdmkyRlJXbXhMMVhaaUcyS1FTc0pYamUtZUlvTHZISWxHMHhXR2dZaktOTnMtSmdzcFJsZWFFUXFCMWpLdF9hcFRnblRTclV5WVJDLTFCeWlBVTFGTHQ2amxWdml1SmlVbVdWaG4?oc=5) |
| Coinfomania | SpaceX Gets Lowest MSCI ESG Rating Despite $2.4T Market Cap | [Source Link](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQb2ZuQzZIWFkzd3k3d2dBYVdOanZEMmdBNlc3LUlzOE9pVnI4ZjMwZXNOQ2pTZVZzbE12WEFpY1ZqZ1VQX0U3MXdtTW5TTFYzZmpETWM3dW5uZF9UTUozY3BFemU2Nlo2Wm9DWjZleGhJZDExM0g1LUlzWjZwaWpvemtkZ21JNlNFR0E0?oc=5) |
| marketscreener.com | SpaceX Received MSCI's Lowest ESG Rating Ahead of $75 Billion IPO | [Source Link](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNZE9vYllaMERWSEIwV1NOQ3FmdDh4SUJwdFotdGg0VWRCa2tXV2ZpYUJRbXNVTlgzcERYYjdXOFhnYUV6eG1YT2JqTUM2czA1YzA2YUZHUHFUWXZ5cDJqYjUzUE0za2RUOXRKZjd6NWxWcnVTYlVWV29SZHRLSUptT0I5OWRXbkRvM3NFS0wxVkR3cGg2R1pFOHN0MWswRjVlVWtqRkdvNnU2V09Ec0czOTl3eThHMWRw?oc=5) |
| Seeking Alpha | SpaceX draws MSCI's lowest ESG rating, matching Russia after Ukraine invasion (SPCX:NASDAQ) | [Source Link](https://news.google.com/rss/articles/CBMiswFBVV95cUxPWE01WGxrLURmcjFqdHpfS1EtQV9QZW1PdzFNXy1wTDc4UXJRd2hIdWZ4dnlKNC15NDloeWJDeU1wZGFNRjhrNThuX0lMTDE4UHcwTzBwZ3MtMnhEdktWTVFmVDJOc3dYTzlZSWxFSlpCUGRQOXZ5LUdLdU8zaTJoaS0xelVmdU5CaHZtUXZPeFpNckFKSGhqM2sxTk1nNWNqV09wNzlCTjRzSUdnYTAxY1ZRZw?oc=5) |
| Financial Times | SpaceX handed lowest possible ESG rating by MSCI | [Source Link](https://news.google.com/rss/articles/CBMihAFBVV95cUxPeFMwZTdZb3VKRGc1NWNIZGxOTkdqVWQ4QURNal9BTy1scm5fX3g3dktIUnAyckM1SmEzUGZoZjIzT2dRaW5rVWhBdmY3T3ZRR2pIaWg0YURDWExGSEJnMEpLQ3NmOUsyNjVCajdVRGd4TERqaDJhVTJiSjFlTklNWVZrbTU?oc=5) |
| Yahoo Finance | SPCX Stock Slides Overnight: Musk Says ‘Electric Rockets Are Impossible’ After MSCI Slaps SpaceX With Lowest ESG Rating | [Source Link](https://news.google.com/rss/articles/CBMingFBVV95cUxPdmwtSG5SaWNIM1pDRFBaZmpsNUNiX1FRQVI3S1Q1MXh0cnFnRnQ2bmd3dmVUOTdBSWVOVWZISDZ2RmpBS1QzMG56X3lacllyMVZMSVZpMUFLOGh0UXp5cW5UbVdjbUh0YmI0c3RaX3hQLWZNQnlZV0lZbmp0MklYUU1aN3pyUS1HVWphODZkaHJ6LWpTTmQzbUUtdGFhQQ?oc=5) |

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*Canonical Source: https://pulse.byoviral.com/trend/2026-06-22/spcx-stock-slides-overnight-musk-says-electric-rockets-are-impossible-after*