SpaceX’s strength in space, connectivity supports initial credit ratings, firms say
The three major credit ratings companies pointed to SpaceX’s competitive edge in its space and connectivity businesses in their initial ratings after the company made its stock market debut last week.
S&P Global Ratings, Moody’s Ratings and Fitch Ratings also noted risks tied to SpaceX’s capital needs and nascent artificial intelligence business in their initial ratings, which they disclosed on Thursday.
