SpaceX receives Baa1 investment grade rating from Moody's as company goes public with $1.29B Bitcoin treasury

SpaceX has secured a Baa1 investment-grade rating from Moody’s, a credit score equivalent to BBB+ from S&P and Fitch.

The rating arrives alongside SpaceX’s IPO on June 12, 2026, which raised $75 billion at a valuation of roughly $1.8 trillion. Shares traded above $160 shortly after hitting Nasdaq under the ticker SPCX. But for crypto investors, the real headline is buried in the S-1 filing: SpaceX holds 18,712 BTC, valued at approximately $1.29 billion as of March 31, 2026.

What the Baa1 rating actually means

Baa1 sits comfortably in investment-grade territory, the tier where institutional money managers are actually allowed to buy your debt.

For SpaceX, this rating is strategic. The company carries approximately $29 billion in long-term debt and has a $20 billion bridge loan maturing in September 2027. Investment-grade status means the company can refinance that mountain of obligations at significantly lower interest rates than it would otherwise face.