S&P Assigns SpaceX BBB Credit Rating With Stable Outlook on June 19

According to S&P, SpaceX received a BBB credit rating on June 19, with a stable outlook. The rating agency noted that SpaceX's launch and internet services performed soundly, though the rating was offset by the company's substantial capital requirements and uncertainty surrounding its artificial intelligence business.

S&P projected that despite SpaceX's significant investment plans, its adjusted leverage ratio would remain below 2.0x. The rating does not include SpaceX's long-term projects such as lunar missions, Mars exploration, and space-based data centers, as these initiatives remain largely unquantified.