Standard & Poor's assigns SpaceX a "BBB" credit rating

Golden Finance reported that on June 19, S&P Global Ratings assigned SpaceX a “BBB” issuer credit rating with a stable outlook. The rationale was that its launch and connectivity businesses are performing steadily, but this was offset by massive capital demand and uncertainties in its artificial intelligence businesses. S&P expects SpaceX to keep its adjusted leverage ratio below 2.0x through 2029. S&P said: “We expect the leverage ratio to peak in 2028, with S&P Global Ratings’ adjusted leverage ratio reaching 1.2x; but thereafter, as the company expands the revenue and profitability of its connectivity business and begins monetizing its artificial intelligence business, the leverage ratio will improve year by year.”
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EnlightenmentInTheCry
· 5h ago
On June 18th, the rocket failed to ignite, and during Starship's tenth flight test preparations at Starbase, a COPV (Composite Overwrapped Pressure Vessel) malfunction occurred → explosion, marking the fourth major incident of 2025. FAA reviews will inevitably tighten, and NASA's 2027 crewed lunar landing schedule faces even greater pressure.
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