PANews, June 19 – According to a report by Cailian Press, S&P Global Ratings has assigned SpaceX a "BBB" issuer credit rating with a stable outlook, citing solid performance in its launch and connectivity businesses, offset by significant capital needs and uncertainty surrounding its artificial intelligence ventures. S&P expects SpaceX to maintain adjusted leverage below 2.0x through 2029. S&P stated: "We expect leverage to peak in 2028, with S&P Global Ratings-adjusted leverage reaching 1.2x, but thereafter it will improve year by year as the company expands the revenue and profitability of its connectivity business and begins to monetize its AI business."