ESG is a joke; MSCI gave SpaceX the lowest CCC rating.
Using environmental, social, and governance standards to evaluate a rocket company is just a forced fit.
Institutional money talks a big game about ratings, but when it comes to Musk's assets, they've never played it straight.
When Tesla got booted from the ESG index, their stock price actually skyrocketed.
This time around, it's probably the same old script; don’t expect the market to get spooked.
The real players unaffected by the narrative are still in the decentralized game. #ESG $DOGE
Using environmental, social, and governance standards to evaluate a rocket company is just a forced fit.
Institutional money talks a big game about ratings, but when it comes to Musk's assets, they've never played it straight.
When Tesla got booted from the ESG index, their stock price actually skyrocketed.
This time around, it's probably the same old script; don’t expect the market to get spooked.
The real players unaffected by the narrative are still in the decentralized game. #ESG $DOGE