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SpaceX High-Grade Debt Draws Skepticism Over Ratings Leeway

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2026-06-23 01:25:16
Moody’s Ratings’ approach to assigning investment-grade ratings is drawing scrutiny as SpaceX’s high-grade debt brings out skeptics, according to Bloomberg.

When Moody’s first evaluated Nvidia Corp. almost a decade ago, it assigned a Baa1 investment-grade rating, citing the chipmaker’s relatively light debt load and more than $1 billion of free cash flow after 16 years as a public company.
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