{"id":886,"date":"2026-06-22T15:42:15","date_gmt":"2026-06-22T15:42:15","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=886"},"modified":"2026-06-22T15:42:15","modified_gmt":"2026-06-22T15:42:15","slug":"spacex-earns-lowest-corporate-responsibility-rating-heres-what-that-means","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=886","title":{"rendered":"SpaceX Earns Lowest Corporate Responsibility Rating\u2014Here\u2019s What That Means"},"content":{"rendered":"
\n

surprising fact<\/h2>\n

The S&P 500 removed Musk\u2019s Tesla from its ESG Index in May 2022, citing a \u201clack of low-carbon industry\u201d and \u201ccodes of business conduct\u201d following claims of racial discrimination and poor working conditions at Tesla\u2019s Fremont, California, factory. Tesla\u2019s handling of an investigation by the National Highway Transportation Safety Administration also weighed on its ESG score, according to the S&P 500. Musk denounced<\/u> the rating, claiming ESG \u201cis a scam\u201d that has been \u201cweaponized by phony social justice warriors,\u201d and called<\/u> ESG the \u201cDevil Incarnate.\u201d<\/p>\n

Read more Trump Blasts NYT As \u2018Treasonous\u2019\u2014For Iran War Criticism Shared By Many<\/a><\/p>\n

key background<\/h2>\n

SpaceX has faced scrutiny in recent years over workplace safety, labor disputes and allegations of employee discrimination and retaliation. The National Labor Relations Board dismissed a case in February accusing SpaceX of illegally firing eight employees who criticized Musk and requested that the company distance itself from Musk’s social media comments, including <\/u>one in which he made light of allegations of sexual harassment against him. In August 2023, the Justice Department sued SpaceX for allegedly discouraging asylum seekers and refugees from applying and refusing to hire or consider them because of their citizenship status. The DOJ dropped its case in February 2025. Musk\u2019s xAI, which was acquired by SpaceX earlier this year, has faced litigation and investigations into allegations that AI chatbot Grok enabled the creation of non-consensual sexualized images, including claims involving minors. Musk\u2019s AI firm also faces an environmental lawsuit over gas-burning turbines in Mississippi, though the DOJ has requested<\/u> that the case be dropped.<\/p>\n

Read more Getty Images Shares Soar More Than 120% After It Announces Deal With OpenAI<\/a><\/p>\n

forbes valuation<\/h2>\n

Musk is by far the world\u2019s wealthiest person with a net worth of $1.2 trillion as of Monday, according to Forbes\u2019 estimates<\/u>. The Tesla and SpaceX CEO became the world\u2019s first trillionaire earlier this month after SpaceX\u2019s IPO, with his fortune swelling to above $1.4 trillion amid record-setting investor demand. <\/p>\n

Read more See Mars Among The \u2018Seven Sisters Stars\u2019 For The Last Time Until 2034<\/a><\/p>\n

<\/div>\n

further reading<\/h2>\n

Forbes<\/span>SpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks Investors<\/span>By Ty Roush<\/span><\/small><\/span><\/span>Forbes<\/span>Will SpaceX Impact Your 401(k)? Here\u2019s How Regular Investors Are Exposed<\/span>By Ty Roush<\/span><\/small><\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"

Elon Musk has claimed the ratings are \u201cweaponized by phony social justice warriors.\u201d<\/p>\n","protected":false},"author":1,"featured_media":885,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nSpaceX Earns Lowest Corporate Responsibility Rating\u2014Here\u2019s What That Means - Coast to Coast Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coasttocoastmoverss.com\/?p=886\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SpaceX Earns Lowest Corporate Responsibility Rating\u2014Here\u2019s What That Means - Coast to Coast Movers\" \/>\n<meta property=\"og:description\" content=\"Elon Musk has claimed the ratings are \u201cweaponized by phony social justice warriors.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coasttocoastmoverss.com\/?p=886\" \/>\n<meta property=\"og:site_name\" content=\"Coast to Coast Movers\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-22T15:42:15+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=886#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=886\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/#\\\/schema\\\/person\\\/266a8d2ebdac9f8b4354d52dead7fa6b\"},\"headline\":\"SpaceX Earns Lowest Corporate Responsibility Rating\u2014Here\u2019s What That Means\",\"datePublished\":\"2026-06-22T15:42:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=886\"},\"wordCount\":390,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=886#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/06933f8cd2faead948e86307abe56296.webp\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=886#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=886\",\"url\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=886\",\"name\":\"SpaceX Earns Lowest Corporate Responsibility Rating\u2014Here\u2019s What That Means - 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