en.Wedoany.com Reported - Space Exploration Technologies Corp. (SpaceX) has obtained investment-grade credit ratings from three major agencies—Moody's, Fitch, and S&P Global Ratings—all of which have assigned a "stable" outlook.

Moody's assigned a "Baa1" rating, Fitch a "BBB+", and S&P Global Ratings a "BBB". These rating levels indicate that SpaceX's debt is investment-grade, typically representing moderate credit risk, with the company having sufficient capacity to meet its financial commitments.

S&P noted in its report that SpaceX performs strongly in the space and connectivity sectors, but the artificial intelligence field faces uncertainties due to high capital requirements and intense competition.

The company's stock closed down nearly 4% on Thursday, and fell another 1.1% in after-hours trading. The previous week, SpaceX made its debut on the Nasdaq, with its valuation surging to over $2 trillion. The stock soared sharply in the first two days of trading, before giving back some gains as investors assessed whether the hefty AI investments could support the high valuation.

Market analysts believe that in the highly competitive space and AI markets, as the company advances its costly AI deployment, the rating consensus reflects broad market confidence in SpaceX's financial stability.

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