Labor Day weekend, turned all the way up. 🔥🍔☀️ Hit play on Living for the Weekend - the essential Strait soundtrack for grilling, hanging out, and soaking up every last bit of summer.
Check out the link in my main account.
SpaceX has just officially received an investment grade credit rating of Baa1 from Moody's, slightly higher than @Tesla's Baa3 rating.
Their reasoning: "SpaceX's Baa1 issuer rating reflects the company's exceptional franchise strength as the world's leading orbital launch provider and operator of the largest low earth orbit satellite broadband network, Starlink. The company benefits from robust and expanding recurring revenue from Starlink, which has become the primary cash flow generator and underpins improving scale, margin expansion, and diversification away from more cyclical launch revenues.
Additionally, SpaceX's vertical integration across manufacturing, launch, satellite deployment, and end-customer delivery drives superior cost efficiency and operational velocity that competitors have been unable to replicate. Strategic relevance to the U.S. government, as the primary launch provider for NASA and the Department of Defense, adds demand visibility and long-cycle contract support, while the company's ability to monetize AI compute capacity through third-party arrangements provides additional revenue diversification and downside optionality. The AI segment addresses a large total addressable market across AI infrastructure, consumer and enterprise applications, and digital advertising, and represents significant long-term revenue and earnings upside as the company scales its compute infrastructure, develops its frontier models, and expands enterprise and consumer monetization channels.
The company maintains conservative financial policies, alongside strong liquidity and financial flexibility, supported by substantial cash balances and continued access to both equity and debt capital markets."
This song, “Hey, Mr. Springsteen” is written by Harold Zierdt. It’s a fantastic rebuttal to the “The Boss” who’s clearly on the wrong side. @Harryokie well done!
@Coinvo@mastershield Are you guessing? Do you have proof? If you have seen the files and you have the names, tell us. Otherwise, sit down and shut the hell up.