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SpaceX wins investment-grade ratings with stable outlook from Moody’s, Fitch and S&P

SpaceX received investment-grade ratings with stable outlooks from Moody’s, Fitch and S&P, reflecting confidence in its financial stability and its space and Starlink-related businesses. S&P said the company’s AI segment carries uncertainty because of high capital needs and intense competition. SpaceX’s valuation has climbed past $2 trillion, but its Nasdaq-listed shares pulled back after an early surge, closing down nearly 4% on Thursday and falling another 1.1% in extended trading.
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