S&P assigned SpaceX a BBB credit rating with a stable outlook, citing robust performance in its launch and connectivity businesses offset by heavy capital requirements and uncertainty around its AI ventures. S&P said the rating excludes long-term pla

2026-06-19

S&P assigned SpaceX a BBB credit rating with a stable outlook, citing robust performance in its launch and connectivity businesses offset by heavy capital requirements and uncertainty around its AI ventures. S&P said the rating excludes long-term plans—lunar and Mars missions, in‑space data centers and a large chip plant in Texas—because they are not yet quantifiable, and noted that if those plans proceed they may require long-term financing. Despite substantial planned investment, S&P expects SpaceX’s adjusted leverage to remain below 2.0x.