SpaceX launches notes offering, discloses $100.8 billion cash balance

SpaceX has launched a notes offering, revealing a cash balance totaling $100.8 billion. In coordination with this financial activity, Fitch has assigned a BBB+ rating to the notes offering. This disclosure highlights the company's significant liquidity position and its current credit standing as it engages with the debt market to secure funding. The rating from Fitch provides a standardized assessment of the creditworthiness associated with this specific SpaceX financial instrument offering.