Seing the standard it depends on padding (The ANSI standard requires padding for the character strings used in comparisons so that their lengths match before comparing them)
SQL Server follows the ANSI/ISO SQL-92 specification (Section 8.2, ,
General rules #3) on how to compare strings with spaces. The ANSI
standard requires padding for the character strings used in
comparisons so that their lengths match before comparing them. The
padding directly affects the semantics of WHERE and HAVING clause
predicates and other Transact-SQL string comparisons. For example,
Transact-SQL considers the strings 'abc' and 'abc ' to be equivalent
for most comparison operations.
The only exception to this rule is the LIKE predicate. When the right
side of a LIKE predicate expression features a value with a trailing
space, SQL Server does not pad the two values to the same length
before the comparison occurs. Because the purpose of the LIKE
predicate, by definition, is to facilitate pattern searches rather
than simple string equality tests, this does not violate the section
of the ANSI SQL-92 specification mentioned earlier.
See also how SQL Server compares strings with trailing spaces