MSCI just gave SpaceX $SPCX a CCC rating — literally the worst ESG score possible. The same rating they slapped on Russia after invading Ukraine.

Governance: 3.2/10

Controversy: 1/10

One analyst called it "close to a governance level horror story."

Musk's reply? "Unfortunately electric rockets are impossible" 😂

Here's the wild part: MSCI is fast-tracking SpaceX into major indexes anyway. Which means index funds will be forced to buy the stock regardless of this rating.

This is the exact same playbook from 2022 when Tesla got kicked out of the S&P 500 ESG index while Exxon stayed in.

ESG ratings have become performance art at this point. You can literally revolutionize space travel and electric vehicles, but if you don't play the game their way, you get scored lower than an oil company.

The market doesn't care. Investors don't care. And now even the index committees don't care enough to keep it out.

ESG as a framework is dying in real time.