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Sure why not *SPACEX BANKERS PREPARING FOR BOND SALE OF AT LEAST $20 BILLION

Oh some more details on this: $SPCX claimed they've gotten IG ratings from the three major credit ratings agencies, and the $20bn bond deal would refinance an existing bridge loan due Sept '27 (no new borrowing, just terming out). I am, uh, extremely curious to see how they penciled an IG rating.

this is absolutely insane. *SPACEX RATED Baa1 BY MOODY'S: INVESTMENT GRADE

"The company maintains conservative financial policies" is a ridiculous statement. There was definitely room for argument about adding SPCX earlier than normal to float-weighted indices. There isn't with this rating IMO. It just looks divorced from reality.

Fitch too, same rationale. Unbelievable. *FITCH PUBLISHES SPACE EXPLORATION TECHNOLOGIES CORP.'S 'BBB+' IDR; OUTLOOK STABLE

S&P Global rounds out the field. They have a proprietary newswire so I don't have quotes from the release but you can guess what it'll say. *S&PGR RATES SPACE EXPLORATION TECHNOLOGIES 'BBB'; OTLK STBL