Standard & Poor's awarded SpaceX a "BBB" credit rating.

Standard & Poor's global rating has awarded SpaceX a "BBB" issuer credit rating with a stable outlook. The reason for this is its strong performance in launch and interconnectivity business, but offset by high capital requirements and uncertainty in the artificial intelligence business. Standard & Poor's predicts that SpaceX will maintain its adjusted leverage ratio below 2.0 times by 2029. Standard & Poor's stated: "We expect the leverage ratio to peak in 2028, with Standard & Poor's global rating adjusted leverage ratio reaching 1.2 times, but thereafter, as the company expands its interconnectivity business revenue and profitability and begins to monetize its artificial intelligence business, the leverage ratio will improve year by year."