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666达子

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2025-09-09

$黄金主连 2512(GCmain)$ 卖还是不卖，你们说睡不着你们知道是什么心情吗

07-03

$SpaceX(SPCX)$ 快跑哦要暴跌了哦

静默期解除！22家投行下周集体“开麦”，SpaceX两万亿估值大考来了

07-22

$特斯拉(TSLA)$ 持续看跌目标价80 电车危害已经出现了开始反噬了电磁辐射相当于慢性死亡剂量跟x光差不多第一步掉毛第二步 DNA错乱

07-03

$蔚来(NIO)$ 3块做多 5-6块做空

07-10

$闪迪(SNDK)$ 主力都是机构拉升能跑就跑看跌中，一旦下跌各位能不能承受住90%一次性

07-22

$SpaceX(SPCX)$ 继续跌30目标价，没有任何盈利点回报投资者同时在吸引散户接盘，唯一盈利点就是靠社交平台x 打广告星链属于亏损同时建立数据中心其实就是打包卖服务器租赁服务也就赚个辛苦钱，火箭发射几乎不怎么盈利没办法回报投资者，对应不上企业服务，更对应不上消费者服务

06-14

$SpaceX(SPCX)$ 不值没有赚钱盈利项目以及没有护城河，苹果8000千亿支撑4万亿市值 sp营收连千亿都很难

市值2.1万亿美元！SpaceX到底值不值？

06-18

$SpaceX(SPCX)$ 毕竟是靠人设IP 打造流量营收千亿都没有没办法支撑起万亿市值，主要靠x社交平台宣传打造流量

07-03

变现能力也就从消费机短视频ai 接入广告目前来讲还是挺难的

英伟达剑指“万亿级”实体AI，平台变现尚存时差，三大零部件赛道迎抢单潮

05-28

$蔚来(NIO)$ 这车什么时候倒闭呀跟哪吒一样注定倒闭车唯一值钱的地方也就是牌照以及电池扶持补贴一辆车补贴8-10万

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做空就对了，没有任何盈利空间就是卖公司的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/593864163964000","isVote":1,"tweetType":1,"viewCount":634,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":593027288708416,"gmtCreate":1785809703447,"gmtModify":1785809705732,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"越是证明亏损，","listText":"越是证明亏损，","text":"越是证明亏损，","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/593027288708416","repostId":"1198025724","repostType":2,"repost":{"id":"1198025724","kind":"news","weMediaInfo":{"introduction":"个股异动一手消息解读","home_visible":1,"media_name":"异动解读","id":"1092702339","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1785786998,"share":"https://www.laohunote.com/m/news/1198025724?lang=zh_CN&edition=full","pubTime":"2026-08-04 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/>\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>异动解读 | 马斯克发声力挺叠加首份财报预期，SpaceX盘中大涨5.01%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n异动解读 | 马斯克发声力挺叠加首份财报预期，SpaceX盘中大涨5.01%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092702339\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">异动解读 </p>\n<p class=\"h-time\">2026-08-04 03:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SpaceX（SPCX）今日盘中大幅拉升，涨幅达5.01%，股价由跌转涨，引发了市场的广泛关注。</p>\n        <p>消息面上，公司首席执行官埃隆·马斯克在社交媒体平台X上回应一则用户帖子时表示，他同样认为SpaceX股票当前是一个“绝佳的买入机会”，此番言论显著提振了市场情绪。与此同时，ARK Invest旗下多只基金在近期大举加仓SpaceX，合计增持超35.8万股，总买入金额约2600万美元，进一步增强了市场信心。此外，SpaceX即将于周二盘后公布上市以来的首份季度财报，市场普遍预期公司第二季度营收将达68亿至69亿美元，同比增长约67%，投资者关注焦点集中在Starlink用户增长、AI数据中心业务商业化进展以及星舰项目的推进情况。</p>\n        <p>部分分析师认为，公司股价自上市高点回调逾50%后已具备一定吸引力，空头持仓比率较高，若财报数据超预期，可能触发空头挤压行情，进一步推动股价反弹。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCX":"SPAC and New Issue ETF"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198025724","content_text":"SpaceX（SPCX）今日盘中大幅拉升，涨幅达5.01%，股价由跌转涨，引发了市场的广泛关注。\n消息面上，公司首席执行官埃隆·马斯克在社交媒体平台X上回应一则用户帖子时表示，他同样认为SpaceX股票当前是一个“绝佳的买入机会”，此番言论显著提振了市场情绪。与此同时，ARK Invest旗下多只基金在近期大举加仓SpaceX，合计增持超35.8万股，总买入金额约2600万美元，进一步增强了市场信心。此外，SpaceX即将于周二盘后公布上市以来的首份季度财报，市场普遍预期公司第二季度营收将达68亿至69亿美元，同比增长约67%，投资者关注焦点集中在Starlink用户增长、AI数据中心业务商业化进展以及星舰项目的推进情况。\n部分分析师认为，公司股价自上市高点回调逾50%后已具备一定吸引力，空头持仓比率较高，若财报数据超预期，可能触发空头挤压行情，进一步推动股价反弹。","news_type":1,"symbols_score_info":{"SPCX":1}},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":592751719892432,"gmtCreate":1785742957444,"gmtModify":1785742959534,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 净利润持续负 目标价30 持续做空","listText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 净利润持续负 目标价30 持续做空","text":"$SpaceX(SPCX)$ 净利润持续负 目标价30 持续做空","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/592751719892432","isVote":1,"tweetType":1,"viewCount":1315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":590486540371120,"gmtCreate":1785163375939,"gmtModify":1785163378056,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"像极了a股，不愧是马斯克来了大陆之后学会了 卖公司","listText":"像极了a股，不愧是马斯克来了大陆之后学会了 卖公司","text":"像极了a股，不愧是马斯克来了大陆之后学会了 卖公司","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/590486540371120","repostId":"1123860368","repostType":2,"repost":{"id":"1123860368","kind":"news","weMediaInfo":{"introduction":"个股异动一手消息解读","home_visible":1,"media_name":"异动解读","id":"1092702339","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1785162754,"share":"https://www.laohunote.com/m/news/1123860368?lang=zh_CN&edition=full","pubTime":"2026-07-27 22:32","market":"hk","language":"zh","title":"异动解读 | 星舰利好兑现叠加解禁压力，SpaceX盘中大跌逾5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1123860368","media":"异动解读","summary":"SpaceX今日盘中大幅下挫，跌幅超过5%，股价刷新上市以来新低，引发市场广泛关注。消息面上，尽管SpaceX星舰第13次试飞成功完成了新一代星链V3卫星部署、在轨发动机重启以及迄今最平稳的海上溅落等关键验证目标，但市场呈现出明显的\"利好兑现即抛售\"格局。欧洲方面，太空初创企业The Exploration Company正洽谈融资至少3亿美元，估值或超20亿美元，欧洲竞争者正在加速追赶，进一步加剧了市场对SpaceX竞争格局的担忧。","content":"<p>SpaceX(SPCX)今日盘中大幅下挫，跌幅超过5%，股价刷新上市以来新低，引发市场广泛关注。</p><p>消息面上，尽管SpaceX星舰第13次试飞成功完成了新一代星链V3卫星部署、在轨发动机重启以及迄今最平稳的海上溅落等关键验证目标，但市场呈现出明显的\"利好兑现即抛售\"格局。此外，约1160亿美元的内部人士持股将于8月6日解禁，当前约30%流通股被卖空，空头规模维持高位，对股价形成持续压制。</p><p>华尔街大空头迈克尔·巴里此前直言SpaceX\"连1万亿美元都不值\"，资深投资人更认为合理价值仅约30美元/股。与此同时，汇丰银行首次覆盖即给予持有评级，目标价仅115美元，远低于市场一致预期的236.72美元。欧洲方面，太空初创企业The Exploration Company正洽谈融资至少3亿美元，估值或超20亿美元，欧洲竞争者正在加速追赶，进一步加剧了市场对SpaceX竞争格局的担忧。</p>","source":"ai_movement_cn","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>异动解读 | 星舰利好兑现叠加解禁压力，SpaceX盘中大跌逾5%</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n异动解读 | 星舰利好兑现叠加解禁压力，SpaceX盘中大跌逾5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092702339\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">异动解读 </p>\n<p class=\"h-time\">2026-07-27 22:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SpaceX(SPCX)今日盘中大幅下挫，跌幅超过5%，股价刷新上市以来新低，引发市场广泛关注。</p><p>消息面上，尽管SpaceX星舰第13次试飞成功完成了新一代星链V3卫星部署、在轨发动机重启以及迄今最平稳的海上溅落等关键验证目标，但市场呈现出明显的\"利好兑现即抛售\"格局。此外，约1160亿美元的内部人士持股将于8月6日解禁，当前约30%流通股被卖空，空头规模维持高位，对股价形成持续压制。</p><p>华尔街大空头迈克尔·巴里此前直言SpaceX\"连1万亿美元都不值\"，资深投资人更认为合理价值仅约30美元/股。与此同时，汇丰银行首次覆盖即给予持有评级，目标价仅115美元，远低于市场一致预期的236.72美元。欧洲方面，太空初创企业The Exploration Company正洽谈融资至少3亿美元，估值或超20亿美元，欧洲竞争者正在加速追赶，进一步加剧了市场对SpaceX竞争格局的担忧。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCX":"SPAC and New Issue ETF"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123860368","content_text":"SpaceX(SPCX)今日盘中大幅下挫，跌幅超过5%，股价刷新上市以来新低，引发市场广泛关注。消息面上，尽管SpaceX星舰第13次试飞成功完成了新一代星链V3卫星部署、在轨发动机重启以及迄今最平稳的海上溅落等关键验证目标，但市场呈现出明显的\"利好兑现即抛售\"格局。此外，约1160亿美元的内部人士持股将于8月6日解禁，当前约30%流通股被卖空，空头规模维持高位，对股价形成持续压制。华尔街大空头迈克尔·巴里此前直言SpaceX\"连1万亿美元都不值\"，资深投资人更认为合理价值仅约30美元/股。与此同时，汇丰银行首次覆盖即给予持有评级，目标价仅115美元，远低于市场一致预期的236.72美元。欧洲方面，太空初创企业The Exploration Company正洽谈融资至少3亿美元，估值或超20亿美元，欧洲竞争者正在加速追赶，进一步加剧了市场对SpaceX竞争格局的担忧。","news_type":1,"symbols_score_info":{"SPCX":1}},"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":589147585319136,"gmtCreate":1784864959422,"gmtModify":1784864961538,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 持续空，负债企业，无盈利","listText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 持续空，负债企业，无盈利","text":"$SpaceX(SPCX)$ 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没办法回报投资者，对应不上企业服务，更对应不上消费者服务","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/588594639955320","isVote":1,"tweetType":1,"viewCount":3964,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"content":"错了，还和特斯拉共同养殖一批核心信徒，这才是估值膨胀的支撑","text":"错了，还和特斯拉共同养殖一批核心信徒，这才是估值膨胀的支撑","html":"错了，还和特斯拉共同养殖一批核心信徒，这才是估值膨胀的支撑"},{"author":{"id":"4100517425095450","authorId":"4100517425095450","name":"无情的交易机器","avatar":"https://static.tigerbbs.com/fe4c3469b049b5cd16092b7b85f2e3c2","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"4100517425095450","idStr":"4100517425095450"},"content":"哈哈哈，好可爱的分析。","text":"哈哈哈，好可爱的分析。","html":"哈哈哈，好可爱的分析。"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":588271265981872,"gmtCreate":1784652423903,"gmtModify":1784652426344,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"持续看跌 目标价30，没有盈利点 完全靠x社交平台支撑，但x并非主流平台，除非星链 能做到三大通信行 一方霸主 并且要足够便宜 能进入全球才行 那么就是万亿收入&nbsp; 但是呢 做起来非常难 至少10年内不行","listText":"持续看跌 目标价30，没有盈利点 完全靠x社交平台支撑，但x并非主流平台，除非星链 能做到三大通信行 一方霸主 并且要足够便宜 能进入全球才行 那么就是万亿收入&nbsp; 但是呢 做起来非常难 至少10年内不行","text":"持续看跌 目标价30，没有盈利点 完全靠x社交平台支撑，但x并非主流平台，除非星链 能做到三大通信行 一方霸主 并且要足够便宜 能进入全球才行 那么就是万亿收入 但是呢 做起来非常难 至少10年内不行","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/588271265981872","repostId":"1178533666","repostType":2,"repost":{"id":"1178533666","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1784643278,"share":"https://www.laohunote.com/m/news/1178533666?lang=zh_CN&edition=full","pubTime":"2026-07-21 22:14","market":"us","language":"zh","title":"马斯克向做空SpaceX股票者发出严厉警告","url":"https://stock-news.laohu8.com/highlight/detail?id=1178533666","media":"老虎资讯综合","summary":"目前，可供交易的SpaceX股票中约有17%处于卖空状态。首先，SpaceX周一再次取消了一次火箭发射任务。SpaceX表示，所搭载的有效载荷安全无虞。大部分SpaceX股份仍由早期投资者持有，而这些投资者目前仍受到限售限制。在SpaceX于8月4日公布第二季度业绩后，将有更多股票解除限售并进入市场流通。截至周二开盘前，SpaceX股价已连续七个交易日下跌，累计跌幅达21%。","content":"<html><head></head><body><p style=\"text-align: left;\"></p><h2 style=\"text-align: left;\">要点</h2><ul><li><p style=\"text-align: left;\"><strong>SpaceX（SPCX）股价周二上涨5%</strong>，结束此前连续<strong>七个交易日</strong>的下跌走势。在此期间，公司股价累计下跌<strong>21%</strong>。</p></li><li><p style=\"text-align: left;\">周一，SpaceX取消了一次搭载<strong>24颗Starlink（星链）卫星</strong>的**猎鹰9号（Falcon 9）<strong>火箭发射任务，此前还取消了</strong>星舰（Starship）**第13次试飞。</p></li><li><p style=\"text-align: left;\">首席执行官埃隆·马斯克（Elon Musk）<strong>向做空者发出警告。目前，可供交易的SpaceX股票中约有</strong>17%处于卖空状态。</p></li></ul><p style=\"text-align: left;\">SpaceX股票周二结束连续七个交易日的跌势，而当天开局表现不错。</p><p style=\"text-align: left;\">在早盘交易中，这家由埃隆·马斯克领导的<strong>航天与人工智能公司</strong>股价上涨<strong>5%</strong>，报<strong>126.31美元，市值 1.65 万亿美元</strong>。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1b03cc692fbe5f009e0129821c33d108\" data-align=\"center\" tg-width=\"728\" tg-height=\"676\"/><span></span></p><p style=\"text-align: left;\">投资者需要消化多项最新消息。</p><p style=\"text-align: left;\">首先，SpaceX周一再次取消了一次火箭发射任务。一枚搭载<strong>24颗Starlink卫星</strong>的<strong>猎鹰9号火箭</strong>在发射前被迫中止升空。SpaceX表示，所搭载的有效载荷安全无虞。</p><p style=\"text-align: left;\">火箭发射中止并不罕见。而此次取消任务发生在公司刚刚取消<strong>星舰第13次试飞</strong>之后。当时由于发射前发现发动机存在问题，任务被迫取消。目前，这次试飞计划于<strong>7月23日</strong>进行。</p><p style=\"text-align: left;\">猎鹰9号至今已执行过<strong>数百次飞行任务</strong>，仅<strong>2026年</strong>就已完成<strong>80多次发射</strong>。</p><p style=\"text-align: left;\">相比之下，<strong>星舰</strong>仍处于研发阶段。这款大型、完全可重复使用的火箭旨在将进入轨道的成本较猎鹰9号降低约<strong>90%</strong>。更低的发射成本将使SpaceX能够开展更多项目，例如<strong>在太空建设人工智能数据中心</strong>。</p><p style=\"text-align: left;\">周一稍晚时候，首席执行官马斯克还向做空者发出警告。他在社交平台<strong>X</strong>上发文称，那些借入SpaceX股票并押注其股价下跌的机构，“生存概率很低”。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e4cff67c70733cd7e69af7c5177ed015\" data-align=\"center\" tg-width=\"1218\" tg-height=\"1134\"/><span></span></p><p style=\"text-align: left;\">目前，可供交易的SpaceX股票中约有17%已被卖空。对于一家大型科技公司而言，这是一个非常高的比例。</p><p style=\"text-align: left;\">作为对比，<strong>苹果公司（Apple）股票的卖空比例仅约1%</strong>。</p><p style=\"text-align: left;\">SpaceX股票卖空比例如此之高，部分原因在于市场上可流通股票数量有限。大部分SpaceX股份仍由早期投资者持有，而这些投资者目前仍受到限售限制。</p><p style=\"text-align: left;\">在SpaceX于<strong>8月4日</strong>公布第二季度业绩后，将有更多股票解除限售并进入市场流通。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0e82fa55bf155cbca1e4e6fbbf579ad5\" data-align=\"center\" tg-width=\"1082\" tg-height=\"970\"/><span></span></p><p style=\"text-align: left;\">近期SpaceX股价持续疲弱的原因之一，就是市场担心这些早期投资者一旦获准出售股票，可能会选择获利了结。</p><p style=\"text-align: left;\">截至周二开盘前，SpaceX股价已连续<strong>七个交易日</strong>下跌，累计跌幅达<strong>21%</strong>。</p><p style=\"text-align: left;\">目前，公司股价较接近<strong>226美元</strong>的历史最高点已下跌约<strong>47%</strong>，并且已连续<strong>三个交易日</strong>收于<strong>135美元IPO发行价</strong>以下。</p><p style=\"text-align: left;\">一次成功的星舰试飞或许能够提振股价，公司即将公布的财报也可能发挥同样作用。</p><p style=\"text-align: left;\">此外，较高的卖空比例也提高了发生**“空头挤压（Short Squeeze）”**的可能性。当股价上涨时，做空投资者可能被迫大量回补股票，从而进一步推高股价，并迫使更多空头继续买入以减少损失。</p><p style=\"text-align: left;\">SpaceX股票上市后的早期交易一直波动剧烈，而这种高波动性短期内可能不会结束。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>马斯克向做空SpaceX股票者发出严厉警告</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n马斯克向做空SpaceX股票者发出严厉警告\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2026-07-21 22:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\"></p><h2 style=\"text-align: left;\">要点</h2><ul><li><p style=\"text-align: left;\"><strong>SpaceX（SPCX）股价周二上涨5%</strong>，结束此前连续<strong>七个交易日</strong>的下跌走势。在此期间，公司股价累计下跌<strong>21%</strong>。</p></li><li><p style=\"text-align: left;\">周一，SpaceX取消了一次搭载<strong>24颗Starlink（星链）卫星</strong>的**猎鹰9号（Falcon 9）<strong>火箭发射任务，此前还取消了</strong>星舰（Starship）**第13次试飞。</p></li><li><p style=\"text-align: left;\">首席执行官埃隆·马斯克（Elon Musk）<strong>向做空者发出警告。目前，可供交易的SpaceX股票中约有</strong>17%处于卖空状态。</p></li></ul><p style=\"text-align: left;\">SpaceX股票周二结束连续七个交易日的跌势，而当天开局表现不错。</p><p style=\"text-align: left;\">在早盘交易中，这家由埃隆·马斯克领导的<strong>航天与人工智能公司</strong>股价上涨<strong>5%</strong>，报<strong>126.31美元，市值 1.65 万亿美元</strong>。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1b03cc692fbe5f009e0129821c33d108\" data-align=\"center\" tg-width=\"728\" tg-height=\"676\"/><span></span></p><p style=\"text-align: left;\">投资者需要消化多项最新消息。</p><p style=\"text-align: left;\">首先，SpaceX周一再次取消了一次火箭发射任务。一枚搭载<strong>24颗Starlink卫星</strong>的<strong>猎鹰9号火箭</strong>在发射前被迫中止升空。SpaceX表示，所搭载的有效载荷安全无虞。</p><p style=\"text-align: left;\">火箭发射中止并不罕见。而此次取消任务发生在公司刚刚取消<strong>星舰第13次试飞</strong>之后。当时由于发射前发现发动机存在问题，任务被迫取消。目前，这次试飞计划于<strong>7月23日</strong>进行。</p><p style=\"text-align: left;\">猎鹰9号至今已执行过<strong>数百次飞行任务</strong>，仅<strong>2026年</strong>就已完成<strong>80多次发射</strong>。</p><p style=\"text-align: left;\">相比之下，<strong>星舰</strong>仍处于研发阶段。这款大型、完全可重复使用的火箭旨在将进入轨道的成本较猎鹰9号降低约<strong>90%</strong>。更低的发射成本将使SpaceX能够开展更多项目，例如<strong>在太空建设人工智能数据中心</strong>。</p><p style=\"text-align: left;\">周一稍晚时候，首席执行官马斯克还向做空者发出警告。他在社交平台<strong>X</strong>上发文称，那些借入SpaceX股票并押注其股价下跌的机构，“生存概率很低”。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e4cff67c70733cd7e69af7c5177ed015\" data-align=\"center\" tg-width=\"1218\" tg-height=\"1134\"/><span></span></p><p style=\"text-align: left;\">目前，可供交易的SpaceX股票中约有17%已被卖空。对于一家大型科技公司而言，这是一个非常高的比例。</p><p style=\"text-align: left;\">作为对比，<strong>苹果公司（Apple）股票的卖空比例仅约1%</strong>。</p><p style=\"text-align: left;\">SpaceX股票卖空比例如此之高，部分原因在于市场上可流通股票数量有限。大部分SpaceX股份仍由早期投资者持有，而这些投资者目前仍受到限售限制。</p><p style=\"text-align: left;\">在SpaceX于<strong>8月4日</strong>公布第二季度业绩后，将有更多股票解除限售并进入市场流通。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0e82fa55bf155cbca1e4e6fbbf579ad5\" data-align=\"center\" tg-width=\"1082\" tg-height=\"970\"/><span></span></p><p style=\"text-align: left;\">近期SpaceX股价持续疲弱的原因之一，就是市场担心这些早期投资者一旦获准出售股票，可能会选择获利了结。</p><p style=\"text-align: left;\">截至周二开盘前，SpaceX股价已连续<strong>七个交易日</strong>下跌，累计跌幅达<strong>21%</strong>。</p><p style=\"text-align: left;\">目前，公司股价较接近<strong>226美元</strong>的历史最高点已下跌约<strong>47%</strong>，并且已连续<strong>三个交易日</strong>收于<strong>135美元IPO发行价</strong>以下。</p><p style=\"text-align: left;\">一次成功的星舰试飞或许能够提振股价，公司即将公布的财报也可能发挥同样作用。</p><p style=\"text-align: left;\">此外，较高的卖空比例也提高了发生**“空头挤压（Short Squeeze）”**的可能性。当股价上涨时，做空投资者可能被迫大量回补股票，从而进一步推高股价，并迫使更多空头继续买入以减少损失。</p><p style=\"text-align: left;\">SpaceX股票上市后的早期交易一直波动剧烈，而这种高波动性短期内可能不会结束。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://community-static.tradeup.com/news/842f11133a2bbe84803efa2c7b0cd4d3","relate_stocks":{"SPCX":"SPAC and New Issue ETF","SNK":"2倍做空SpaceX ETF-GraniteShares","SPCQ":"2倍做空SpaceX ETF-Defiance","LOFF":"2倍做多SpaceX ETF-Direxion","SPCH":"2倍做多SpaceX ETF-Leverage Shares","SSPC":"2倍做空SpaceX ETF-Leverage Shares","SPAL":"2倍做多Space X ETF-GraniteShares","SPCG":"2倍做空SpaceX ETF-Tradr","SPCF":"2倍做多SpaceX ETF-ProShares","SPAX":"2倍做多SPACEX ETF-T-REX","SPCM":"2倍做多SpaceX ETF-Tradr","SPCU":"2倍做多SpaceX ETF-Defiance"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178533666","content_text":"要点SpaceX（SPCX）股价周二上涨5%，结束此前连续七个交易日的下跌走势。在此期间，公司股价累计下跌21%。周一，SpaceX取消了一次搭载24颗Starlink（星链）卫星的**猎鹰9号（Falcon 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Squeeze）”**的可能性。当股价上涨时，做空投资者可能被迫大量回补股票，从而进一步推高股价，并迫使更多空头继续买入以减少损失。SpaceX股票上市后的早期交易一直波动剧烈，而这种高波动性短期内可能不会结束。","news_type":1,"symbols_score_info":{"SPCF":0.6,"SPCU":0.6,"SPCX":2,"SPCH":0.6,"SPAL":0.6,"SSPC":0.6,"SPCG":0.6,"SPCQ":0.6,"SPAX":0.6,"LOFF":0.6,"SNK":0.6,"SPCM":0.6}},"isVote":1,"tweetType":1,"viewCount":531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":586849478993144,"gmtCreate":1784305300672,"gmtModify":1784305302641,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SNDK\">$闪迪(SNDK)$ </a> 我的评价还是得下跌","listText":"<a href=\"https://laohu8.com/S/SNDK\">$闪迪(SNDK)$ </a> 我的评价还是得下跌","text":"$闪迪(SNDK)$ 我的评价还是得下跌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/586849478993144","isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":586840152138048,"gmtCreate":1784302948355,"gmtModify":1784302950274,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v> 电池车 开始往下坡路走了 ，最大的市场 电池车中国大陆 不行了&nbsp; 更别说其他国家市场，电池车只适合跑网约车 以及外卖","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v> 电池车 开始往下坡路走了 ，最大的市场 电池车中国大陆 不行了&nbsp; 更别说其他国家市场，电池车只适合跑网约车 以及外卖","text":"$特斯拉(TSLA)$ 电池车 开始往下坡路走了 ，最大的市场 电池车中国大陆 不行了 更别说其他国家市场，电池车只适合跑网约车 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href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 持续做空中，没有盈利点 ，无法支撑万亿 撑死几百亿市值","listText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 持续做空中，没有盈利点 ，无法支撑万亿 撑死几百亿市值","text":"$SpaceX(SPCX)$ 持续做空中，没有盈利点 ，无法支撑万亿 撑死几百亿市值","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/585941260097072","isVote":1,"tweetType":1,"viewCount":639,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":584308341003696,"gmtCreate":1783684912922,"gmtModify":1783684914958,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SNDK\">$闪迪(SNDK)$ </a> 主力都是机构 拉升 能跑就跑 看跌中 ，一旦下跌 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就知道 几万块到10来万 价格 你们懂的","listText":"其实看闲鱼以及准新二手 就知道 几万块到10来万 价格 你们懂的","text":"其实看闲鱼以及准新二手 就知道 几万块到10来万 价格 你们懂的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/582186209440744","repostId":"2648574382","repostType":2,"repost":{"id":"2648574382","kind":"live","pubTimestamp":1782972882,"share":"https://www.laohunote.com/m/news/2648574382?lang=zh_CN&edition=full","pubTime":"2026-07-02 14:14","market":"hk","language":"zh","title":"花旗：小米集团-W(01810.HK)6月电动车出货量超3万辆 估值具吸引力 维持“买入”评级","url":"https://stock-news.laohu8.com/highlight/detail?id=2648574382","media":"智通财经","summary":"【花旗：小米集团-W(01810.HK)6月电动车出货量超3万辆 估值具吸引力 维持“买入”评级】智通财经APP获悉，花旗发布研报称，小米集团-W(01810.HK)公布其2026年6月电动车交付量已","content":"<html><body><div>\n<div>\n<b>【花旗：小米集团-W(01810.HK)6月电动车出货量超3万辆 估值具吸引力 维持“买入”评级】</b>智通财经APP获悉，花旗发布研报称，小米集团-W(01810.HK)公布其2026年6月电动车交付量已超过3万辆。目前，YU7车型的交付周期基本保持稳定，基础版、长续航版、Pro、Max及GT车型均为6至9星期; 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n花旗：小米集团-W(01810.HK)6月电动车出货量超3万辆 估值具吸引力 维持“买入”评级\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-02 14:14 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.zhitongcaijing.com/immediately.html?type=ganggu><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【花旗：小米集团-W(01810.HK)6月电动车出货量超3万辆 估值具吸引力 维持“买入”评级】智通财经APP获悉，花旗发布研报称，小米集团-W(01810.HK)公布其2026年6月电动车交付量已超过3万辆。目前，YU7车型的交付周期基本保持稳定，基础版、长续航版、Pro、Max及GT车型均为6至9星期; \n\n而新SU7车型的交付周期则为4至7星期(相较于5月底基础版的8至11星期及Max版的...</p>\n\n<a href=\"https://www.zhitongcaijing.com/immediately.html?type=ganggu\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"81810":"小米集团-WR","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","LU0531971595.HKD":"HSBC GIF CHINESE EQUITY \"AD\" (HKD) INC","LU0052750758.USD":"富兰克林中国基金A Acc","XIACY":"小米集团ADR","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU0611395673.USD":"NINETY ONE GSF EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU2778985437.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"A\" (USD) INC","HK0000165453.HKD":"华夏精选大中华科技基金 A类港币","LU0823040885.USD":"东方汇理新兴市场焦点股票基金","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","LU0561508036.HKD":"ALLIANZ CHINA EQUITY \"A\" (HKD) INC","LU2152927971.USD":"NORDEA 1 ASIAN STARS EQUITY \"BP\" (USD) ACC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU0345776255.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) INC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" 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ACC","BK1506":"5G概念"},"source_url":"https://www.zhitongcaijing.com/immediately.html?type=ganggu","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2648574382","content_text":"【花旗：小米集团-W(01810.HK)6月电动车出货量超3万辆 估值具吸引力 维持“买入”评级】智通财经APP获悉，花旗发布研报称，小米集团-W(01810.HK)公布其2026年6月电动车交付量已超过3万辆。目前，YU7车型的交付周期基本保持稳定，基础版、长续航版、Pro、Max及GT车型均为6至9星期; \n\n而新SU7车型的交付周期则为4至7星期(相较于5月底基础版的8至11星期及Max版的10至13星期有所缩短)。今年1至6月累计出货量已超过18万辆，达到其2026年55万辆交付目标的33%。花旗维持小米“买入”评级，目标价维持37港元不变。","news_type":1,"symbols_score_info":{"81810":0.6,"MIUmain":0.6,"XIACY":1.98,"01810":1.98,"HXXD.SI":0.6}},"isVote":1,"tweetType":1,"viewCount":509,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":582185817240856,"gmtCreate":1783166711949,"gmtModify":1783166713957,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"也算一种，变相盈利模式一种","listText":"也算一种，变相盈利模式一种","text":"也算一种，变相盈利模式一种","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/582185817240856","repostId":"2648954586","repostType":2,"repost":{"id":"2648954586","kind":"news","pubTimestamp":1783131601,"share":"https://www.laohunote.com/m/news/2648954586?lang=zh_CN&edition=full","pubTime":"2026-07-04 10:20","market":"hk","language":"zh","title":"武汉小米青年公寓正式开放入住，月租平均1099元","url":"https://stock-news.laohu8.com/highlight/detail?id=2648954586","media":"IT之家","summary":"7 月 4 日消息，小米公司官微宣布，今天，武汉小米青年公寓正式开放入住。这也是继北京、南京之后，小米落地的第三座青年公寓，累计已建成 12 栋公寓、建筑面积 21 万㎡、提供超 4200 套房源。小米青年公寓旨在提升员工的幸福感，为有才华、有梦想的年轻人，打造身心可栖的成长空间。武汉小米青年公寓是小米武汉科技园的配套项目，由万科旗下长租公寓品牌泊寓运营，共 3 栋楼，总建筑面积 5 万平方米。所有房间最多入住两人，配备独立卫浴。","content":"<html><body><p>7 月 4 日消息，<a href=\"https://laohu8.com/S/XIACY\">小米</a>公司官微宣布，今天，武汉<a href=\"https://laohu8.com/S/01810\">小米</a>青年公寓正式开放入住。这也是<strong>继北京、南京之后，<a href=\"https://laohu8.com/S/81810\">小米</a>落地的第三座青年公寓，</strong>累计已<a href=\"https://laohu8.com/S/01630\">建成</a> 12 栋公寓、建筑面积 21 万㎡、提供超 4200 套房源。</p><p>小米公司方面表示，（公寓）从设计初期便邀请员工参与共创，以工程师思维优化居住体验。小米青年公寓旨在提升员工的幸福感，为有才华、有梦想的年轻人，打造身心可栖的成长空间。愿每一位新同学，都能在这里顺利开启自己的生活新篇章。</p><p><img src=\"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABAQMAAAAl21bKAAAAA1BMVEXy8vJkA4prAAAACklEQVQI12NgAAAAAgAB4iG8MwAAAABJRU5ErkJggg==\"/></p><p><img src=\"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABAQMAAAAl21bKAAAAA1BMVEXy8vJkA4prAAAACklEQVQI12NgAAAAAgAB4iG8MwAAAABJRU5ErkJggg==\"/></p><p><img src=\"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABAQMAAAAl21bKAAAAA1BMVEXy8vJkA4prAAAACklEQVQI12NgAAAAAgAB4iG8MwAAAABJRU5ErkJggg==\"/></p><p><img src=\"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABAQMAAAAl21bKAAAAA1BMVEXy8vJkA4prAAAACklEQVQI12NgAAAAAgAB4iG8MwAAAABJRU5ErkJggg==\"/></p><p><img src=\"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABAQMAAAAl21bKAAAAA1BMVEXy8vJkA4prAAAACklEQVQI12NgAAAAAgAB4iG8MwAAAABJRU5ErkJggg==\"/></p><p><img src=\"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABAQMAAAAl21bKAAAAA1BMVEXy8vJkA4prAAAACklEQVQI12NgAAAAAgAB4iG8MwAAAABJRU5ErkJggg==\"/></p><p><img src=\"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABAQMAAAAl21bKAAAAA1BMVEXy8vJkA4prAAAACklEQVQI12NgAAAAAgAB4iG8MwAAAABJRU5ErkJggg==\"/></p><p><img src=\"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABAQMAAAAl21bKAAAAA1BMVEXy8vJkA4prAAAACklEQVQI12NgAAAAAgAB4iG8MwAAAABJRU5ErkJggg==\"/></p><p><img src=\"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABAQMAAAAl21bKAAAAA1BMVEXy8vJkA4prAAAACklEQVQI12NgAAAAAgAB4iG8MwAAAABJRU5ErkJggg==\"/></p><p>因户型、楼层等差异，<strong>每套房源平均月租为 1099 元</strong>（IT之家注：含统一供暖和网络费用），6 月 27 日面向 2026 届小米校招生开放选房，7 月 4 日起面向武汉小米全体正式员工开放申请。</p><p>武汉小米青年公寓是小米武汉科技园的配套项目，由<a href=\"https://laohu8.com/S/02202\">万科</a>旗下长租公寓品牌泊寓运营，共 3 栋楼，总建筑面积 5 万平方米。房源分为两个户型：<strong>主力户型为 26 平方米开间，共 960 套，另有约 30 套 30 平方米开间</strong>。</p><p>所有房间最多入住两人，配备独立卫浴。房间内空调、洗衣机、冰箱、热水器、智能门锁等家电家具，<strong>均为小米及生态链产品</strong>。</p><p>公共区域建有共享厨房、台球室、小型健身房、阅读区、桌游区和影音室等共享设施，<strong>全部向住客免费开放</strong>。</p><p>小米集团武汉区域总部综合管理部总经理王化介绍：“<strong>武汉项目在收纳空间和隔音上做了升级</strong>。例如，房间采用内嵌式鞋柜和加宽衣柜，入户门、玻璃等材质经过 2 至 3 轮隔音测试，使员工居住更舒适、更安静。”</p><p>公寓 1 楼规划便民商业配套，包括 24 小时便利店、理发店、<a href=\"https://laohu8.com/S/09699\">顺丰</a>快递驿站等，与公寓同步开业。此外，<strong>园区食堂预计 7 月投入使用</strong>。</p><p>小米武汉总部于 2017 年成立并落户光谷，先后落地小米武汉总部、小米武汉科技园、小米智能家电生产基地（空调核心智造板块）等重点项目。<strong>目前小米武汉在职员工规模已超过 9000 人</strong>，其中绝大多数都为研发人员，还将持续扩充研发力量，全力打造万人级研发中心。</p></body></html>","source":"ifeng_tech","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>武汉小米青年公寓正式开放入住，月租平均1099元</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n武汉小米青年公寓正式开放入住，月租平均1099元\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-04 10:20 北京时间&nbsp;&nbsp;&nbsp;<a href=https://tech.ifeng.com/c/8uTtImBF3vT><strong>IT之家</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>7 月 4 日消息，小米公司官微宣布，今天，武汉小米青年公寓正式开放入住。这也是继北京、南京之后，小米落地的第三座青年公寓，累计已建成 12 栋公寓、建筑面积 21 万㎡、提供超 4200 套房源。小米公司方面表示，（公寓）从设计初期便邀请员工参与共创，以工程师思维优化居住体验。小米青年公寓旨在提升员工的幸福感，为有才华、有梦想的年轻人，打造身心可栖的成长空间。愿每一位新同学，都能在这里顺利开启...</p>\n\n<a href=\"https://tech.ifeng.com/c/8uTtImBF3vT\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"81810":"小米集团-WR","BK1610":"ETF&股票定投概念","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU0210526637.USD":"JPM CHINA \"A\" (USD) ACC","LU1481107354.HKD":"HSBC GIF HONG KONG EQUITY \"AD\" (HKD) INC","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU0594300179.USD":"FIDELITY CHINA CONSUMER \"A\" (USD) ACC","BK1575":"同股不同权","LU0449509016.USD":"HSBC GIF BRIC EQUITY \"AC\" (USD) ACC","LU0700851271.USD":"NINETY ONE GSF EMERGING MARKETS MULTI-ASSET \"A\" (USD) ACC","LU0417516902.SGD":"Allianz China Equity Cl AT Acc SGD","LU0254981946.USD":"HSBC GIF BRIC MARKETS EQUITY \"AC\" (USD) ACC","LU1868837565.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"1\" (USD) ACC","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) 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INC","LU0051755006.USD":"摩根大通中国A (dist)"},"source_url":"https://tech.ifeng.com/c/8uTtImBF3vT","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2648954586","content_text":"7 月 4 日消息，小米公司官微宣布，今天，武汉小米青年公寓正式开放入住。这也是继北京、南京之后，小米落地的第三座青年公寓，累计已建成 12 栋公寓、建筑面积 21 万㎡、提供超 4200 套房源。小米公司方面表示，（公寓）从设计初期便邀请员工参与共创，以工程师思维优化居住体验。小米青年公寓旨在提升员工的幸福感，为有才华、有梦想的年轻人，打造身心可栖的成长空间。愿每一位新同学，都能在这里顺利开启自己的生活新篇章。因户型、楼层等差异，每套房源平均月租为 1099 元（IT之家注：含统一供暖和网络费用），6 月 27 日面向 2026 届小米校招生开放选房，7 月 4 日起面向武汉小米全体正式员工开放申请。武汉小米青年公寓是小米武汉科技园的配套项目，由万科旗下长租公寓品牌泊寓运营，共 3 栋楼，总建筑面积 5 万平方米。房源分为两个户型：主力户型为 26 平方米开间，共 960 套，另有约 30 套 30 平方米开间。所有房间最多入住两人，配备独立卫浴。房间内空调、洗衣机、冰箱、热水器、智能门锁等家电家具，均为小米及生态链产品。公共区域建有共享厨房、台球室、小型健身房、阅读区、桌游区和影音室等共享设施，全部向住客免费开放。小米集团武汉区域总部综合管理部总经理王化介绍：“武汉项目在收纳空间和隔音上做了升级。例如，房间采用内嵌式鞋柜和加宽衣柜，入户门、玻璃等材质经过 2 至 3 轮隔音测试，使员工居住更舒适、更安静。”公寓 1 楼规划便民商业配套，包括 24 小时便利店、理发店、顺丰快递驿站等，与公寓同步开业。此外，园区食堂预计 7 月投入使用。小米武汉总部于 2017 年成立并落户光谷，先后落地小米武汉总部、小米武汉科技园、小米智能家电生产基地（空调核心智造板块）等重点项目。目前小米武汉在职员工规模已超过 9000 人，其中绝大多数都为研发人员，还将持续扩充研发力量，全力打造万人级研发中心。","news_type":1,"symbols_score_info":{"81810":0.6,"01810":1.92,"XIACY":1.92,"MIUmain":0.6,"HXXD.SI":0.6}},"isVote":1,"tweetType":1,"viewCount":434,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":581838826328296,"gmtCreate":1783080594709,"gmtModify":1783080596664,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"变现能力 也就从消费机 短视频ai 接入广告&nbsp; 目前来讲 还是挺难的","listText":"变现能力 也就从消费机 短视频ai 接入广告&nbsp; 目前来讲 还是挺难的","text":"变现能力 也就从消费机 短视频ai 接入广告 目前来讲 还是挺难的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/581838826328296","repostId":"1111562809","repostType":2,"repost":{"id":"1111562809","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1783043597,"share":"https://www.laohunote.com/m/news/1111562809?lang=zh_CN&edition=full","pubTime":"2026-07-03 09:53","market":"us","language":"zh","title":"英伟达剑指“万亿级”实体AI，平台变现尚存时差，三大零部件赛道迎抢单潮","url":"https://stock-news.laohu8.com/highlight/detail?id=1111562809","media":"老虎资讯综合","summary":"英伟达瞄准“万亿级”实体 AI 赛道英伟达首席执行官黄仁勋已将机器人和实体 AI视为下一个万亿美元级别的重大机遇。过去 12 个月中，英伟达的实体 AI 相关营收已从前一年的 60 亿美元跃升至 90 亿美元，被分析师普遍视为公司的“第二增长曲线”。平台野心丰满，但变现仍存“时差”英伟达在机器人领域的战略目标，是复刻其 CUDA 平台在加速计算领域的绝对统治力。","content":"<html><head></head><body><h3 id=\"id_3530841856\" style=\"text-align: left;\">英伟达瞄准“万亿级”实体 AI 赛道</h3><p style=\"text-align: left;\">英伟达首席执行官黄仁勋已将机器人和实体 AI视为下一个万亿美元级别的重大机遇。过去 12 个月中，英伟达的实体 AI 相关营收已从前一年的 60 亿美元跃升至 90 亿美元，被分析师普遍视为公司的“第二增长曲线”。</p><p style=\"text-align: left;\">结合盘面走势，英伟达周四股价小幅收跌1.39%，收报194.83元，成交额277.8亿。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/24f4c6a7e31965296be4f2c52f667342\" tg-width=\"560\" tg-height=\"240\" data-image-type=\"kline\"/></p><h3 id=\"id_1091395535\" style=\"text-align: left;\">平台野心丰满，但变现仍存“时差”</h3><p style=\"text-align: left;\">英伟达在机器人领域的战略目标，是复刻其 CUDA 平台在加速计算领域的绝对统治力。通过新发布的 Halos 机器人安全堆栈，英伟达致力于构建人形机器人的软件、计算和安全底层架构，而非亲自造车。然而，黄仁勋描绘的人形机器人营收愿景仍需数年才能兑现。</p><p style=\"text-align: left;\">目前实体 AI 的收入主力依然是自动驾驶和工厂自动化，在英伟达 2026 财年 2159 亿美元的总营收中，包含机器人业务的边缘计算板块仅占 23 亿美元，短期内难以成为核心盈利驱动。</p><h3 id=\"id_550234913\" style=\"text-align: left;\">核心投资逻辑：买入零部件“卖水人”，警惕整机“彩票股”</h3><p style=\"text-align: left;\">由于平台级的商业故事尚未转化为即期现金流，分析师指出，当下最稳妥的交易策略是布局传统零部件供应商。目前，英伟达代表的是底层架构的长期押注，而人形机器人整机厂更像是一张“彩票”。麦肯锡的数据显示，在人形机器人的成本中，执行器占 40% 至 60%，传感器和计算元件各占 10% 至 20%。距离运动控制、传感、安全或工厂集成越近的供应商，越早能看到真实的营收转化。</p><h3 id=\"id_694556779\" style=\"text-align: left;\">产业落地加速，细分赛道备受瞩目</h3><p style=\"text-align: left;\">实质性的零部件订单已经开始落地，例如德国舍弗勒已拿下英国初创公司 Humanoid 至少百万个执行器的长期订单。在被视为机器人“肌肉”的执行器与电机领域，短期内的商业逻辑最为清晰，目前博世、麦格纳等巨头已纷纷入局。与此同时，作为机器人“大脑与眼睛”的传感器与边缘计算赛道竞争尚未尘埃落定，英伟达正以 Jetson Thor 锚定端侧，而高通也推出了专用的 Dragonwing IQ10 处理器强势抢占市场。此外，在电源与系统集成环节，发那科、ABB 等拥有超 200 万台装机量的传统巨头，正逐步将英伟达的模块深度整合进自身系统，这些老牌企业实际上掌控着人形机器人能否顺利实现规模化量产的生杀大权。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" 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#eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n英伟达剑指“万亿级”实体AI，平台变现尚存时差，三大零部件赛道迎抢单潮\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2026-07-03 09:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h3 id=\"id_3530841856\" style=\"text-align: left;\">英伟达瞄准“万亿级”实体 AI 赛道</h3><p style=\"text-align: left;\">英伟达首席执行官黄仁勋已将机器人和实体 AI视为下一个万亿美元级别的重大机遇。过去 12 个月中，英伟达的实体 AI 相关营收已从前一年的 60 亿美元跃升至 90 亿美元，被分析师普遍视为公司的“第二增长曲线”。</p><p style=\"text-align: left;\">结合盘面走势，英伟达周四股价小幅收跌1.39%，收报194.83元，成交额277.8亿。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/24f4c6a7e31965296be4f2c52f667342\" tg-width=\"560\" tg-height=\"240\" data-image-type=\"kline\"/></p><h3 id=\"id_1091395535\" style=\"text-align: left;\">平台野心丰满，但变现仍存“时差”</h3><p style=\"text-align: left;\">英伟达在机器人领域的战略目标，是复刻其 CUDA 平台在加速计算领域的绝对统治力。通过新发布的 Halos 机器人安全堆栈，英伟达致力于构建人形机器人的软件、计算和安全底层架构，而非亲自造车。然而，黄仁勋描绘的人形机器人营收愿景仍需数年才能兑现。</p><p style=\"text-align: left;\">目前实体 AI 的收入主力依然是自动驾驶和工厂自动化，在英伟达 2026 财年 2159 亿美元的总营收中，包含机器人业务的边缘计算板块仅占 23 亿美元，短期内难以成为核心盈利驱动。</p><h3 id=\"id_550234913\" style=\"text-align: left;\">核心投资逻辑：买入零部件“卖水人”，警惕整机“彩票股”</h3><p style=\"text-align: left;\">由于平台级的商业故事尚未转化为即期现金流，分析师指出，当下最稳妥的交易策略是布局传统零部件供应商。目前，英伟达代表的是底层架构的长期押注，而人形机器人整机厂更像是一张“彩票”。麦肯锡的数据显示，在人形机器人的成本中，执行器占 40% 至 60%，传感器和计算元件各占 10% 至 20%。距离运动控制、传感、安全或工厂集成越近的供应商，越早能看到真实的营收转化。</p><h3 id=\"id_694556779\" style=\"text-align: left;\">产业落地加速，细分赛道备受瞩目</h3><p style=\"text-align: left;\">实质性的零部件订单已经开始落地，例如德国舍弗勒已拿下英国初创公司 Humanoid 至少百万个执行器的长期订单。在被视为机器人“肌肉”的执行器与电机领域，短期内的商业逻辑最为清晰，目前博世、麦格纳等巨头已纷纷入局。与此同时，作为机器人“大脑与眼睛”的传感器与边缘计算赛道竞争尚未尘埃落定，英伟达正以 Jetson Thor 锚定端侧，而高通也推出了专用的 Dragonwing IQ10 处理器强势抢占市场。此外，在电源与系统集成环节，发那科、ABB 等拥有超 200 万台装机量的传统巨头，正逐步将英伟达的模块深度整合进自身系统，这些老牌企业实际上掌控着人形机器人能否顺利实现规模化量产的生杀大权。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://community-static.tradeup.com/news/38cfd37971441bfdcff71bbb03deb161","relate_stocks":{"NVYY":"GraniteShares YieldBOOST NVDA ETF","NVDB":"ProShares Ultra NVDA ETF","NVII":"Rex NVDA Growth & Income ETF","NVDD":"1倍做空NVDA 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5-6块做空","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/581832815453048","isVote":1,"tweetType":1,"viewCount":1026,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3536722343609271","authorId":"3536722343609271","name":"赵脑斧","avatar":"https://static.tigerbbs.com/f62915f31a960cc1d5faa09ec2ecb79e","crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3536722343609271","idStr":"3536722343609271"},"content":"请问你还有资格买嘛？","text":"请问你还有资格买嘛？","html":"请问你还有资格买嘛？"}],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":476798133534888,"gmtCreate":1757427909296,"gmtModify":1757427911333,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a 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你们知道是什么心情吗","images":[{"img":"https://static.tigerbbs.com/8724950b7ffb919e541117881041dcf9","width":"898","height":"1530"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/476798133534888","isVote":1,"tweetType":1,"viewCount":3340,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582089258818481","authorId":"3582089258818481","name":"琳琳哒哒","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3582089258818481","idStr":"3582089258818481"},"content":"卖了吗，亲，你是买的一手吗","text":"卖了吗，亲，你是买的一手吗","html":"卖了吗，亲，你是买的一手吗"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":581800223335880,"gmtCreate":1783072579666,"gmtModify":1783072581741,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a>快跑哦 要暴跌了哦","listText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a>快跑哦 要暴跌了哦","text":"$SpaceX(SPCX)$ 快跑哦 要暴跌了哦","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/581800223335880","repostId":"2648504426","repostType":2,"repost":{"id":"2648504426","kind":"highlight","pubTimestamp":1782991867,"share":"https://www.laohunote.com/m/news/2648504426?lang=zh_CN&edition=full","pubTime":"2026-07-02 19:31","market":"sh","language":"zh","title":"静默期解除！22家投行下周集体“开麦”，SpaceX两万亿估值大考来了","url":"https://stock-news.laohu8.com/highlight/detail?id=2648504426","media":"智通财经网","summary":"自下周二起，投资者预计将迎来关于SpaceX的大量研报、目标价和业绩增长预测，这些信息将有助于投资者厘清该股在短期及未来数年内的可能走势。","content":"<html><head></head><body><p style=\"text-align: left;\">智通财经APP获悉，自上月SpaceX(SPCX.US)完成创纪录的首次公开募股(IPO)以来，投资者基本上一直处于“信息盲区”——可供参考的财务预测寥寥无几，难以判断该股的真实价值。但这一局面将于下周发生改变。由<a href=\"https://laohu8.com/S/GS\">高盛</a>集团牵头、<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>、美国银行、花旗集团和<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>等22家银行共同承销的860亿美元IPO所涉及的分析师静默期即将结束。自下周二起，投资者预计将迎来大量研报、目标价和业绩增长预测，这些信息将有助于投资者厘清该股在短期及未来数年内的可能走势。</p><p style=\"text-align: left;\"><a href=\"https://laohu8.com/S/RILY\">B. Riley</a> Wealth首席市场策略师阿特·霍根表示：“所有人都在谈论这家公司在2030年可能达到的高度，而非未来12个月的现实表现。这是一项着眼更遥远未来的投资，但你的目光仍需跨越四年之久。”</p><p style=\"text-align: left;\">判断SpaceX合理价值的难题，在于其当前财务数据与不远的将来预期之间存在巨大鸿沟。根据未参与此次IPO的机构分析师的少数早期估算，这家全称为Space Exploration Technologies Corp.的公司预计2026年营收约为360亿美元，且目前尚未实现盈利。</p><p style=\"text-align: left;\">汇编数据显示，按照未来12个月预期营收计算，SpaceX的市销率高达41倍。作为参照，<a href=\"https://laohu8.com/S/161125\">标普500</a>指数中该指标最高的<a href=\"https://laohu8.com/S/PLTR\">Palantir</a> Technologies(PLTR.US)也不过32倍;而苹果(AAPL.US)和微软(MSFT.US)均低于预期销售额的9倍。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8e0f321bf6f960dbb5758cbfc8bcb27d\" data-align=\"center\" tg-width=\"200\" tg-height=\"120\"/><span></span></p><p style=\"text-align: left;\">Allspring Global Investments成长股团队高级投资组合经理罗伯特·格伦迪克表示：“该公司的大量未来价值仍寄望于某种程度上尚属遥远的收入流。这注定会导致其股价波动远大于大多数更为成熟稳定的企业。”</p><p style=\"text-align: left;\"><strong>“我可能活不到那一天”</strong></p><p style=\"text-align: left;\">为了弥合SpaceX当前估值与现实之间的鸿沟，华尔街一直在极力渲染其激进的增长路径。高盛研究团队预计，该公司2030年总营收将达到4740亿美元。<a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI分析师则预期，2031年销售额有望突破1万亿美元。而据报道，摩根士丹利分析师认为2040年营收可能高达3.4万亿美元。</p><p style=\"text-align: left;\">First New York投资组合经理兼宏观交易员维克伦·拉伊对此调侃道：“我可能活不到那一天。当预测被推至如此遥远的未来时，根本无从验证。”</p><p style=\"text-align: left;\">正因如此，本轮密集出炉的券商研报将至关重要——这些报告应当包含更为具体的短期预测和量化指标，为投资者在评估这只迅速成为市场最热门股票之一时提供比较基准。</p><p style=\"text-align: left;\">该股于6月11日以135美元发行，次日开盘价为150美元，随后迅速飙升。6月16日，SpaceX收于201.80美元，市值达2.6万亿美元，跃居全球第六大公司。然而此后势头逆转。周三，该股收于157.54美元，市值跌破2.1万亿美元，较峰值回落22%，已逼近IPO后开盘价附近。</p><p style=\"text-align: left;\">目前华尔街整体偏向看多。追踪该股的12位分析师中有8人给予“买入”评级。未来12个月的目标价从165美元至401美元不等，平均目标价为223美元，较周三收盘价高出41%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79dac8e56d47f030270d6f18a6702f32\" data-align=\"center\" tg-width=\"200\" tg-height=\"120\"/><span></span></p><p style=\"text-align: left;\">已公布的预估显示，SpaceX有望在2028年实现小幅盈利，营收将翻两番至1600亿美元。但据行业研究分析师乔治·弗格森及其团队测算，即便到2030年销售额激增8倍，该股市值仍将比那些营收高出数倍的科技巨头更为昂贵。</p><p style=\"text-align: left;\">他们在6月30日的研报中写道：“根据我们的模型，尽管未来五年营收和利润预计将大幅攀升，SpaceX的估值仍然偏高。即使到2030年销售额增长近9倍、EBITDA增长17倍，模型显示其估值仍将超过<a href=\"https://laohu8.com/S/MSFT\">微软</a>、<a href=\"https://laohu8.com/S/META\">Meta</a>(META.US)、<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>(GOOGL.US)和<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>(AMZN.US)等盈利巨头2026年的估值水平。”</p><p style=\"text-align: left;\"><strong>“超越完美的定价”</strong></p><p style=\"text-align: left;\">这也在一定程度上解释了部分分析师的怀疑态度。Morningstar的尼古拉斯·欧文斯给予该股“卖出”评级;Argus以“持有”覆盖，称SpaceX的估值倍数可能需要数年才能回归更正常水平;CFRA分析师基思·斯奈德则给出“卖出”评级，12个月目标价仅为115美元，低于发行价，理由是公司估值过高且资本密集度显著。</p><p style=\"text-align: left;\">斯奈德在6月12日的研报中写道：“当前的投资逻辑要求投资者同时为多个难以兑现的预期背书。”SpaceX之所以难以估值，是因为它不易与传统航空航天企业、卫星运营商、电信服务商、云基础设施制造商或AI模型公司进行横向比较。</p><p style=\"text-align: left;\">他进一步指出：“SpaceX是一家卓越的公司，但如果估值已过度计入未来成功，即便卓越的公司也可能成为缺乏吸引力的投资。”</p><p style=\"text-align: left;\">更添戏剧性的是，分析师静默期结束恰逢SpaceX被纳入纳斯达克100指数。考虑到大量追踪这一科技股基准的基金，此举将为该股带来可观的买盘支撑——据测算，此次纳入预计将推动49亿美元的买盘资金入场。</p><p style=\"text-align: left;\">科技研究公司New Constructs首席执行官戴维·特雷纳认为，这一时间安排有利于最大限度地减少股价波动。不过，他仍告诫投资者保持谨慎，因为公司市值已严重脱离基本面。</p><p style=\"text-align: left;\">“它的定价已经完美到超越现实，甚至超出了这个世界，”他表示。</p></body></html>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>静默期解除！22家投行下周集体“开麦”，SpaceX两万亿估值大考来了</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n静默期解除！22家投行下周集体“开麦”，SpaceX两万亿估值大考来了\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-02 19:31 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1462491.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，自上月SpaceX(SPCX.US)完成创纪录的首次公开募股(IPO)以来，投资者基本上一直处于“信息盲区”——可供参考的财务预测寥寥无几，难以判断该股的真实价值。但这一局面将于下周发生改变。由高盛集团牵头、摩根士丹利、美国银行、花旗集团和摩根大通等22家银行共同承销的860亿美元IPO所涉及的分析师静默期即将结束。自下周二起，投资者预计将迎来大量研报、目标价和业绩增长预测，...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1462491.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://community-static.tradeup.com/news/204deea95548090ff5aad7c01fcebb6f","relate_stocks":{"SPCX":"SPAC and New Issue ETF","BK4615":"SpaceX概念","SPAL":"2倍做多Space X ETF-GraniteShares","SPAX":"2倍做多SPACEX ETF-T-REX","SPCF":"2倍做多SpaceX ETF-ProShares","XOVR":"ERShares Private-Public Crossover ETF","UFO":"Procure Space ETF","SPCM":"2倍做多SpaceX ETF-Tradr","SNK":"2倍做空SpaceX ETF-GraniteShares","SPCU":"2倍做多SpaceX ETF-Defiance","SPCG":"2倍做空SpaceX ETF-Tradr","SSPC":"2倍做空SpaceX ETF-Leverage Shares","LOFF":"2倍做多SpaceX ETF-Direxion","BK4089":"非传统电信运营商","SPCQ":"2倍做空SpaceX ETF-Defiance","SPCH":"2倍做多SpaceX ETF-Leverage Shares"},"source_url":"http://www.zhitongcaijing.com/content/detail/1462491.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2648504426","content_text":"智通财经APP获悉，自上月SpaceX(SPCX.US)完成创纪录的首次公开募股(IPO)以来，投资者基本上一直处于“信息盲区”——可供参考的财务预测寥寥无几，难以判断该股的真实价值。但这一局面将于下周发生改变。由高盛集团牵头、摩根士丹利、美国银行、花旗集团和摩根大通等22家银行共同承销的860亿美元IPO所涉及的分析师静默期即将结束。自下周二起，投资者预计将迎来大量研报、目标价和业绩增长预测，这些信息将有助于投资者厘清该股在短期及未来数年内的可能走势。B. Riley Wealth首席市场策略师阿特·霍根表示：“所有人都在谈论这家公司在2030年可能达到的高度，而非未来12个月的现实表现。这是一项着眼更遥远未来的投资，但你的目光仍需跨越四年之久。”判断SpaceX合理价值的难题，在于其当前财务数据与不远的将来预期之间存在巨大鸿沟。根据未参与此次IPO的机构分析师的少数早期估算，这家全称为Space Exploration Technologies Corp.的公司预计2026年营收约为360亿美元，且目前尚未实现盈利。汇编数据显示，按照未来12个月预期营收计算，SpaceX的市销率高达41倍。作为参照，标普500指数中该指标最高的Palantir Technologies(PLTR.US)也不过32倍;而苹果(AAPL.US)和微软(MSFT.US)均低于预期销售额的9倍。Allspring Global Investments成长股团队高级投资组合经理罗伯特·格伦迪克表示：“该公司的大量未来价值仍寄望于某种程度上尚属遥远的收入流。这注定会导致其股价波动远大于大多数更为成熟稳定的企业。”“我可能活不到那一天”为了弥合SpaceX当前估值与现实之间的鸿沟，华尔街一直在极力渲染其激进的增长路径。高盛研究团队预计，该公司2030年总营收将达到4740亿美元。Evercore ISI分析师则预期，2031年销售额有望突破1万亿美元。而据报道，摩根士丹利分析师认为2040年营收可能高达3.4万亿美元。First New York投资组合经理兼宏观交易员维克伦·拉伊对此调侃道：“我可能活不到那一天。当预测被推至如此遥远的未来时，根本无从验证。”正因如此，本轮密集出炉的券商研报将至关重要——这些报告应当包含更为具体的短期预测和量化指标，为投资者在评估这只迅速成为市场最热门股票之一时提供比较基准。该股于6月11日以135美元发行，次日开盘价为150美元，随后迅速飙升。6月16日，SpaceX收于201.80美元，市值达2.6万亿美元，跃居全球第六大公司。然而此后势头逆转。周三，该股收于157.54美元，市值跌破2.1万亿美元，较峰值回落22%，已逼近IPO后开盘价附近。目前华尔街整体偏向看多。追踪该股的12位分析师中有8人给予“买入”评级。未来12个月的目标价从165美元至401美元不等，平均目标价为223美元，较周三收盘价高出41%。已公布的预估显示，SpaceX有望在2028年实现小幅盈利，营收将翻两番至1600亿美元。但据行业研究分析师乔治·弗格森及其团队测算，即便到2030年销售额激增8倍，该股市值仍将比那些营收高出数倍的科技巨头更为昂贵。他们在6月30日的研报中写道：“根据我们的模型，尽管未来五年营收和利润预计将大幅攀升，SpaceX的估值仍然偏高。即使到2030年销售额增长近9倍、EBITDA增长17倍，模型显示其估值仍将超过微软、Meta(META.US)、谷歌(GOOGL.US)和亚马逊(AMZN.US)等盈利巨头2026年的估值水平。”“超越完美的定价”这也在一定程度上解释了部分分析师的怀疑态度。Morningstar的尼古拉斯·欧文斯给予该股“卖出”评级;Argus以“持有”覆盖，称SpaceX的估值倍数可能需要数年才能回归更正常水平;CFRA分析师基思·斯奈德则给出“卖出”评级，12个月目标价仅为115美元，低于发行价，理由是公司估值过高且资本密集度显著。斯奈德在6月12日的研报中写道：“当前的投资逻辑要求投资者同时为多个难以兑现的预期背书。”SpaceX之所以难以估值，是因为它不易与传统航空航天企业、卫星运营商、电信服务商、云基础设施制造商或AI模型公司进行横向比较。他进一步指出：“SpaceX是一家卓越的公司，但如果估值已过度计入未来成功，即便卓越的公司也可能成为缺乏吸引力的投资。”更添戏剧性的是，分析师静默期结束恰逢SpaceX被纳入纳斯达克100指数。考虑到大量追踪这一科技股基准的基金，此举将为该股带来可观的买盘支撑——据测算，此次纳入预计将推动49亿美元的买盘资金入场。科技研究公司New Constructs首席执行官戴维·特雷纳认为，这一时间安排有利于最大限度地减少股价波动。不过，他仍告诫投资者保持谨慎，因为公司市值已严重脱离基本面。“它的定价已经完美到超越现实，甚至超出了这个世界，”他表示。","news_type":1,"symbols_score_info":{"SPCX":1.5,"SPCH":0.6,"SNK":1.5,"SPCQ":0.6,"SPCM":0.6,"SPAX":0.6,"SPCF":0.6,"UFO":0.6,"XOVR":1.5,"SPCU":1.5,"LOFF":0.6,"SPCG":0.6,"SPAL":1.5,"SSPC":0.6}},"isVote":1,"tweetType":1,"viewCount":2291,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4200638915699862","authorId":"4200638915699862","name":"上帝不离不弃","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":1,"authorIdStr":"4200638915699862","idStr":"4200638915699862"},"content":"7/7不是纳入纳斯达克100吗？","text":"7/7不是纳入纳斯达克100吗？","html":"7/7不是纳入纳斯达克100吗？"},{"author":{"id":"3565742771032978","authorId":"3565742771032978","name":"Apple星晨","avatar":"https://static.tigerbbs.com/59cee0dc2a18bfbff733c6f450e787de","crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3565742771032978","idStr":"3565742771032978"},"content":"让暴风雨来的更猛烈些吧","text":"让暴风雨来的更猛烈些吧","html":"让暴风雨来的更猛烈些吧"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":588597310473272,"gmtCreate":1784731953508,"gmtModify":1784731955841,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v> 持续看跌 目标价80&nbsp; 电车危害 已经出现了 开始反噬了 电磁辐射 相当于慢性死亡 剂量跟x光差不多 第一步 掉毛 第二步 DNA错乱&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v> 持续看跌 目标价80&nbsp; 电车危害 已经出现了 开始反噬了 电磁辐射 相当于慢性死亡 剂量跟x光差不多 第一步 掉毛 第二步 DNA错乱&nbsp;","text":"$特斯拉(TSLA)$ 持续看跌 目标价80 电车危害 已经出现了 开始反噬了 电磁辐射 相当于慢性死亡 剂量跟x光差不多 第一步 掉毛 第二步 DNA错乱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":10,"repostSize":0,"link":"https://laohu8.com/post/588597310473272","isVote":1,"tweetType":1,"viewCount":4367,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"content":"有些人连磁场都不懂，确实文化不咋地，估计连高中都没上过，交变磁场，涡旋电场，加速带电粒子，粒子-磁场/物质作用，都已经暴雷了，被强压下去了视频","text":"有些人连磁场都不懂，确实文化不咋地，估计连高中都没上过，交变磁场，涡旋电场，加速带电粒子，粒子-磁场/物质作用，都已经暴雷了，被强压下去了视频","html":"有些人连磁场都不懂，确实文化不咋地，估计连高中都没上过，交变磁场，涡旋电场，加速带电粒子，粒子-磁场/物质作用，都已经暴雷了，被强压下去了视频"},{"author":{"id":"3577786905070297","authorId":"3577786905070297","name":"灬星","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3577786905070297","idStr":"3577786905070297"},"content":"笑死人😆真的文化越低辐射越大","text":"笑死人😆真的文化越低辐射越大","html":"笑死人😆真的文化越低辐射越大"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":581832815453048,"gmtCreate":1783080460251,"gmtModify":1783080462309,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$&nbsp;</a>3块做多 5-6块做空&nbsp;","listText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$&nbsp;</a>3块做多 5-6块做空&nbsp;","text":"$蔚来(NIO)$ 3块做多 5-6块做空","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/581832815453048","isVote":1,"tweetType":1,"viewCount":1026,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3536722343609271","authorId":"3536722343609271","name":"赵脑斧","avatar":"https://static.tigerbbs.com/f62915f31a960cc1d5faa09ec2ecb79e","crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3536722343609271","idStr":"3536722343609271"},"content":"请问你还有资格买嘛？","text":"请问你还有资格买嘛？","html":"请问你还有资格买嘛？"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":584308341003696,"gmtCreate":1783684912922,"gmtModify":1783684914958,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SNDK\">$闪迪(SNDK)$ </a> 主力都是机构 拉升 能跑就跑 看跌中 ，一旦下跌 各位能不能承受住90%一次性","listText":"<a href=\"https://laohu8.com/S/SNDK\">$闪迪(SNDK)$ </a> 主力都是机构 拉升 能跑就跑 看跌中 ，一旦下跌 各位能不能承受住90%一次性","text":"$闪迪(SNDK)$ 主力都是机构 拉升 能跑就跑 看跌中 ，一旦下跌 各位能不能承受住90%一次性","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":1,"link":"https://laohu8.com/post/584308341003696","isVote":1,"tweetType":1,"viewCount":1633,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3472532348212000","authorId":"3472532348212000","name":"chenx32401","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3472532348212000","idStr":"3472532348212000"},"content":"你当机构的对手盘是想找就找的？还跌90","text":"你当机构的对手盘是想找就找的？还跌90","html":"你当机构的对手盘是想找就找的？还跌90"},{"author":{"id":"4088301988077380","authorId":"4088301988077380","name":"nisyigg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4088301988077380","idStr":"4088301988077380"},"content":"来搞笑的一次性跌90%都来了🤡，能一下跌这么多所有半导体相关的都会超级大跌","text":"来搞笑的一次性跌90%都来了🤡，能一下跌这么多所有半导体相关的都会超级大跌","html":"来搞笑的一次性跌90%都来了🤡，能一下跌这么多所有半导体相关的都会超级大跌"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":588594639955320,"gmtCreate":1784731370122,"gmtModify":1784731372701,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 继续跌30目标价，没有任何盈利点回报投资者 同时在吸引散户接盘 ，唯一盈利点就是靠社交平台x 打广告 星链属于亏损 同时 建立数据中心 其实就是打包卖服务器租赁服务 也就赚个辛苦钱，火箭发射 几乎不怎么盈利 没办法回报投资者，对应不上企业服务，更对应不上消费者服务&nbsp;","listText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 继续跌30目标价，没有任何盈利点回报投资者 同时在吸引散户接盘 ，唯一盈利点就是靠社交平台x 打广告 星链属于亏损 同时 建立数据中心 其实就是打包卖服务器租赁服务 也就赚个辛苦钱，火箭发射 几乎不怎么盈利 没办法回报投资者，对应不上企业服务，更对应不上消费者服务&nbsp;","text":"$SpaceX(SPCX)$ 继续跌30目标价，没有任何盈利点回报投资者 同时在吸引散户接盘 ，唯一盈利点就是靠社交平台x 打广告 星链属于亏损 同时 建立数据中心 其实就是打包卖服务器租赁服务 也就赚个辛苦钱，火箭发射 几乎不怎么盈利 没办法回报投资者，对应不上企业服务，更对应不上消费者服务","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/588594639955320","isVote":1,"tweetType":1,"viewCount":3964,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"content":"错了，还和特斯拉共同养殖一批核心信徒，这才是估值膨胀的支撑","text":"错了，还和特斯拉共同养殖一批核心信徒，这才是估值膨胀的支撑","html":"错了，还和特斯拉共同养殖一批核心信徒，这才是估值膨胀的支撑"},{"author":{"id":"4100517425095450","authorId":"4100517425095450","name":"无情的交易机器","avatar":"https://static.tigerbbs.com/fe4c3469b049b5cd16092b7b85f2e3c2","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"4100517425095450","idStr":"4100517425095450"},"content":"哈哈哈，好可爱的分析。","text":"哈哈哈，好可爱的分析。","html":"哈哈哈，好可爱的分析。"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":575223783897016,"gmtCreate":1781449454275,"gmtModify":1781487550332,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 不值 没有赚钱盈利项目 以及没有护城河，苹果8000千亿 支撑4万亿市值 sp营收连千亿都很难","listText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 不值 没有赚钱盈利项目 以及没有护城河，苹果8000千亿 支撑4万亿市值 sp营收连千亿都很难","text":"$SpaceX(SPCX)$ 不值 没有赚钱盈利项目 以及没有护城河，苹果8000千亿 支撑4万亿市值 sp营收连千亿都很难","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/575223783897016","repostId":"2643214530","repostType":2,"repost":{"id":"2643214530","kind":"highlight","pubTimestamp":1781396709,"share":"https://www.laohunote.com/m/news/2643214530?lang=zh_CN&edition=full","pubTime":"2026-06-14 08:25","market":"sg","language":"zh","title":"市值2.1万亿美元！SpaceX到底值不值？","url":"https://stock-news.laohu8.com/highlight/detail?id=2643214530","media":"格隆汇","summary":"史诗级的时代赌局","content":"<html><head></head><body><blockquote><p>史诗级的时代赌局</p></blockquote><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/12a533d56673b478734d7dc59c1d4c8f\" tg-width=\"2732\" tg-height=\"1534\"/></p><p>美东时间6月12日，美股迎来史上最炸裂IPO。SpaceX正式登陆纳斯达克，彻底引爆全球资本狂欢。</p><p>上市首日，SpaceX大涨19.22%，市值突破2.11万亿美元，一举超越Meta、特斯拉、博通等科技巨头，跻身美国第六大市值公司。</p><p>一夜之间，<strong>马斯克个人身家也因此突破1万亿美元，成为人类历史上首位“万亿富翁”。</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5febde87232b0357d0243cae7492f6aa\" tg-width=\"1080\" tg-height=\"748\"/></p><p>同时，<strong>SpaceX上市还创造了约4400名百万美元富豪，其中约400名身家将超过1亿美元，</strong>他们来自SpaceX的现任或前任员工及早期投资者。</p><p><strong>还有一大批华尔街基金、投行机构们也在这场盛宴中获利百亿甚至千亿美元，回报倍数高达几十、上百倍！</strong></p><p>但狂欢背后，也伴随巨大争议。</p><p>一家年营收不足200亿美元、成立24年持续反复亏损、2025年净亏损高达49.37亿美元的企业，却以超100倍的市销率，撑起超2.1万亿美元的天价市值。</p><p>这到底是硬核科技的提前兑现，还是资本市场吹出来的超级泡沫？</p><h2 id=\"id_650143215\">01、极速上市的背后</h2><p>正常顶级科技IPO，都要磨几年：合规打磨、机构博弈、反复定价。</p><p><strong>但SpaceX的上市进程，堪称美股史上罕见的“极速通关”：摒弃了传统企业的拖沓流程，在短短一年时间内敲定方案、落地发行、完成挂牌，以750亿美元募资额刷新全球IPO纪录。</strong></p><p>更反常的是，马斯克以前一直坚决抵制上市。</p><p>他多次公开表示：二级市场的短期业绩压力、舆论束缚，会拖死星舰、火星殖民这种超长周期的硬核项目。</p><p>如今180度的态度反转、突破常规的上市速度、反行业惯例的发行规则，足以说明这绝非简单的上市融资需求，而更可能是一场精准卡位、套利、做高估值的资本操作。</p><p><strong>SpaceX执意快速上市的核心内因之一，是为了通过资产并购嵌套，解决劣质资产无法独立上市的难题，同时完成税务层面的极致优化。</strong></p><p>首先，马斯克旗下xAI+X（原推特）累计背负175亿美元债务，长期持续亏损、无稳定造血能力，如果单独上市不仅门槛不够，而且估值溢价也会被压得非常低，根本不划算。</p><p>于是马斯克设计了一套嵌套并购：把亏损的AI、社交资产，捆绑SpaceX最赚钱的星链、垄断市场的航天业务一起上市。</p><p><strong>靠星链的优质盈利抹平财报短板，顺利达标美股上市规则。同时还盘活了xAI的历史亏损抵税额度，未来可帮公司省下百亿级税费，堪称“亏损变资产”的顶级财技。</strong></p><p>更关键的是，纯航天赛道估值天花板极低，绑定AI热门概念后，成功脱离传统航天估值锚点，制造出“太空+AI”的协同想象，直接拉高企业估值上限。</p><p>另外，SpaceX极速上市，也是为了<strong>精准卡位美股科技泡沫与AI资本红利的最后窗口期，本质是一场“抢跑收割”。</strong></p><p>当前美股科技板块处于阶段性历史高位，后续随时有可能热度消退，一旦错过当下窗口，后续市场下行、AI热钱退潮，公司募资规模、整体估值、股东套现收益都会大幅缩水。</p><p>这也是为什么SpaceX、OpenAI、Anthropic等一众AI巨头均在加速筹备上市的原因。</p><p><strong>当下“太空+AI”的双重稀缺概念，是当下资本市场最具想象力的叙事组合，SpaceX选择在此热度顶峰期上市，能够最大化享受赛道红利，实现远超传统航天企业的估值定价。</strong></p><p>值得一提的是，不同于普通新股上市需等待3个月观察期才能纳入指数，纳斯达克为SpaceX开通快速通道，上市仅15个交易日即可纳入纳斯达克100指数，并上调权重。</p><p>这意味着，<strong>全球超12万亿美元追踪纳指100的被动基金、养老金、401K退休金账户，将按照规则强制被动买入SpaceX，形成百亿级确定性刚性买盘，为股价筑牢底部支撑。</strong></p><p>这套规则红利具备极强的时效性，窗口期转瞬即逝，越早上市，套利空间越大、资金托底效果越显著。也是SpaceX必须火速落地的关键原因。</p><h2 id=\"id_326736470\">02、一边烧钱、一边讲故事</h2><p>支撑SpaceX万亿估值的核心，是其独家构建的“航天发射+卫星互联网+AI算力”三大业务闭环，但三大板块现实价值天差地别，这也是资本市场争议其估值的核心来源。</p><p>根据招股书显示，SpaceX在2025财年的合并营收为186.74亿美元，合并净利润由2024财年的7.91亿美元变为亏损49.37亿美元。</p><p>2026年一季度，SpaceX实现合并营收46.94亿美元，实现合并净利润为亏损42.76亿美元，合并调整后息税前利润则为11.27亿美元。</p><p>其中，<strong>作为技术底座的航天发射业务，是行业绝对龙头，却持续亏损。</strong></p><p>目前SpaceX累计完成超650次发射，85%以上任务实现火箭复用，2025年入轨载荷占全球总量80%以上，垄断全球商业航天发射市场。猎鹰9号、重型猎鹰、龙飞船、星舰四大产品线全覆盖，手握NASA、美国国防部长期大额订单，2025年该板块营收超40亿美元。</p><p>但受星舰持续高强度研发投入拖累，全年运营亏损6.57亿美元，仅能承担技术迭代、市场卡位的战略功能，无法贡献利润。</p><p><strong>作为唯一现金牛的星链卫星互联网业务，是公司估值的核心基本面支撑。</strong></p><p>2025年，星链卫星互联网业务营收达113.87亿美元，占公司总营收60.9%，运营净利润高达44.23亿美元，两年间利润增长近10倍。</p><p>截至2026年3月，星链在轨卫星超9600颗，占全球活跃卫星75%，覆盖164个国家和地区，付费用户突破1030万。</p><p>不过这一块业务也有隐忧，随着市场向欠发达地区下沉，单用户月均收入从2023年99美元降至66美元，增收不增利的增长瓶颈逐步凸显。</p><p><strong>而作为远期估值故事的AI业务，是烧钱主力，落地尚遥遥无期。</strong></p><p>2026年2月SpaceX收购xAI，正式将AI列为三大核心业务，布局AI算力基建、Grok大模型与轨道太空数据中心。</p><p>目前AI部门由于xAI用于采购及建设大规模算力中心导致的巨额资本支出，仍处于大幅亏损状态。2025年AI业务亏损63.55亿美元，2026年一季度再亏24.69亿美元，单季资本开支77.23亿美元，远超航天发射与星链业务开支总和。</p><p>但SpaceX对其AI部门寄予极高的期望。<strong>其在招股书中描绘，未来SpaceX理论最大潜在收入规模高达到28.5万亿美元；其中，太空发射仅占3700亿美元，星链的全球通信收入规模为1.6万亿美元，而人工智能市场收入将为26.5万亿美元，站绝对大头。</strong></p><p>这是一个堪称完全是天方夜谭的难以想象的数字。</p><p>但现实却极其骨感，<strong>目前AI业务仅靠与Anthropic、谷歌的月度算力租赁订单维持基本营收，暂无自研大模型闭环能力，规划中的太空太阳能算力中心、百太瓦级超级算力体系，更像是一个为了支撑高估值而画的远期叙事大饼。</strong></p><h2 id=\"id_2934211599\">03、超2万亿估值到底值不值？</h2><p>站在2.11万亿美元的市值关口，SpaceX也成为了近年美股分歧最极致的超级IPO。</p><p>一边是散户疯狂抢购、资金扎堆狂欢，一边是顶级机构、资深资本大佬公开看空、预警泡沫。</p><p><strong>市场最大的争议核心是：一家持续亏损、年营收不足200亿美元的企业，是否配得上碾压众多千亿营收科技巨头的天价估值？</strong></p><p>从估值指标看，苹果10倍、特斯拉15倍、英伟达25倍的市销率尚且贴合行业可理解的合理区间，而SpaceX市销率高达百倍，已经完全脱离传统估值体系，让人无法理解认同；</p><p>从经营基本面看，SpaceX成立以来累计亏损413亿美元，2026年一季度亏损再度扩大710%，扩张完全依靠外部融资输血，暂无明确盈利拐点；</p><p>从风险层面看，马斯克手握超84%投票权的绝对集权模式缺乏股东制衡，治理风险突出，同时星舰迭代屡次失败、太空AI算力商业化落地渺茫，宏大叙事的兑现概率极低。</p><p>但依旧有大量顶级资本与产业机构坚定押注，他们的核心共识在于，SpaceX突破了传统企业估值框架，其价值不在于当期盈利，而在于独家垄断的太空+AI下一代基础设施赛道，稀缺性无可替代。</p><p><strong>高盛预计，SpaceX的人工智能业务收入到2030年将激增约100倍，其人工智能部门的收入将从2025年的32亿美元增长至2030年的3220亿美元。SpaceX的总收入预计将在2030年达到4740亿美元。</strong></p><p>与多头狂热形成鲜明对比的是，大量权威机构、资深做空资本对SpaceX天价估值发出严厉预警，认为本轮行情完全脱离基本面，是情绪与叙事催生的巨大泡沫。</p><p><strong>知名大空头、《华尔街最精准做空者》詹姆斯·查诺斯公开炮轰，直言SpaceX是一场彻头彻尾的“希望与梦想式IPO”，其近2万亿美元的估值完全依托市场对马斯克的个人信仰，而非真实财务表现。</strong></p><p>他批评，市场在为一家自由现金流为负、持续大额烧钱的企业支付史诗级溢价，在任何合理的长期经营假设下，该估值都无法成立，本质是资本炒作的海市蜃楼。</p><p>IPO当日，评级机构CFRA率先发布独家“卖出”评级，给出115美元目标价，较135美元发行价折价近15%，核心理由是SpaceX估值严重透支，星链的微薄盈利持续被星舰、xAI两大吞金业务吞噬，且AI赛道入局较晚，无核心差异化优势，难以兑现万亿级市场预期。</p><p>晨星（Morningstar）研报更为激进，分析师尼古拉斯·欧文斯将其公允价值仅定为63美元，较发行价腰斩超53%，公允估值仅7800亿美元，理由是当前估值过高溢价完全是市场为太空数据中心、火星殖民等未落地、高风险远期概念支付的空想价格，不可能成为现实。</p><h2 id=\"id_4016552975\">04、结语</h2><p>SpaceX的史诗级IPO狂欢，可以说是全球资本对“太空+AI”下一代基础设施的极致押注。</p><p>短期来看，依托稀缺赛道、稳固壁垒与完善的资本防护体系，SpaceX的高估值仍有支撑空间。</p><p>但长期而言，万亿市值能否站稳，最终不取决于叙事有多宏大，而取决于星舰技术能否落地、太空AI算力能否商业化、持续亏损的循环能否打破。</p><p>这场属于星辰大海的资本盛宴，终究需要真实的技术突破与盈利能力来买单。</p></body></html>","source":"gelonghui_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>市值2.1万亿美元！SpaceX到底值不值？</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n市值2.1万亿美元！SpaceX到底值不值？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-14 08:25 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.gelonghui.com/p/5189815><strong>格隆汇</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>史诗级的时代赌局美东时间6月12日，美股迎来史上最炸裂IPO。SpaceX正式登陆纳斯达克，彻底引爆全球资本狂欢。上市首日，SpaceX大涨19.22%，市值突破2.11万亿美元，一举超越Meta、特斯拉、博通等科技巨头，跻身美国第六大市值公司。一夜之间，马斯克个人身家也因此突破1万亿美元，成为人类历史上首位“万亿富翁”。同时，SpaceX上市还创造了约4400名百万美元富豪，其中约400名身家将...</p>\n\n<a href=\"https://www.gelonghui.com/p/5189815\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1ccbfdfde15f3bdc8fa15fad42df9a33","relate_stocks":{"SPCF":"2倍做多SpaceX ETF-ProShares","DXYZ":"Destiny Tech100 Inc","BK4089":"非传统电信运营商","SPCU":"2倍做多SpaceX ETF-Defiance","SNK":"2倍做空SpaceX ETF-GraniteShares","BK4615":"SpaceX概念","LOFF":"2倍做多SpaceX ETF-Direxion","SPCX":"SPAC and New Issue ETF","XOVR":"ERShares Private-Public Crossover ETF","SPCH":"2倍做多SpaceX ETF-Leverage Shares","UFO":"Procure Space ETF","SPAL":"2倍做多Space X ETF-GraniteShares"},"source_url":"https://www.gelonghui.com/p/5189815","is_english":false,"share_image_url":"https://static.laohu8.com/6b8fa6424aebe95f6781d04ef17a1852","article_id":"2643214530","content_text":"史诗级的时代赌局美东时间6月12日，美股迎来史上最炸裂IPO。SpaceX正式登陆纳斯达克，彻底引爆全球资本狂欢。上市首日，SpaceX大涨19.22%，市值突破2.11万亿美元，一举超越Meta、特斯拉、博通等科技巨头，跻身美国第六大市值公司。一夜之间，马斯克个人身家也因此突破1万亿美元，成为人类历史上首位“万亿富翁”。同时，SpaceX上市还创造了约4400名百万美元富豪，其中约400名身家将超过1亿美元，他们来自SpaceX的现任或前任员工及早期投资者。还有一大批华尔街基金、投行机构们也在这场盛宴中获利百亿甚至千亿美元，回报倍数高达几十、上百倍！但狂欢背后，也伴随巨大争议。一家年营收不足200亿美元、成立24年持续反复亏损、2025年净亏损高达49.37亿美元的企业，却以超100倍的市销率，撑起超2.1万亿美元的天价市值。这到底是硬核科技的提前兑现，还是资本市场吹出来的超级泡沫？01、极速上市的背后正常顶级科技IPO，都要磨几年：合规打磨、机构博弈、反复定价。但SpaceX的上市进程，堪称美股史上罕见的“极速通关”：摒弃了传统企业的拖沓流程，在短短一年时间内敲定方案、落地发行、完成挂牌，以750亿美元募资额刷新全球IPO纪录。更反常的是，马斯克以前一直坚决抵制上市。他多次公开表示：二级市场的短期业绩压力、舆论束缚，会拖死星舰、火星殖民这种超长周期的硬核项目。如今180度的态度反转、突破常规的上市速度、反行业惯例的发行规则，足以说明这绝非简单的上市融资需求，而更可能是一场精准卡位、套利、做高估值的资本操作。SpaceX执意快速上市的核心内因之一，是为了通过资产并购嵌套，解决劣质资产无法独立上市的难题，同时完成税务层面的极致优化。首先，马斯克旗下xAI+X（原推特）累计背负175亿美元债务，长期持续亏损、无稳定造血能力，如果单独上市不仅门槛不够，而且估值溢价也会被压得非常低，根本不划算。于是马斯克设计了一套嵌套并购：把亏损的AI、社交资产，捆绑SpaceX最赚钱的星链、垄断市场的航天业务一起上市。靠星链的优质盈利抹平财报短板，顺利达标美股上市规则。同时还盘活了xAI的历史亏损抵税额度，未来可帮公司省下百亿级税费，堪称“亏损变资产”的顶级财技。更关键的是，纯航天赛道估值天花板极低，绑定AI热门概念后，成功脱离传统航天估值锚点，制造出“太空+AI”的协同想象，直接拉高企业估值上限。另外，SpaceX极速上市，也是为了精准卡位美股科技泡沫与AI资本红利的最后窗口期，本质是一场“抢跑收割”。当前美股科技板块处于阶段性历史高位，后续随时有可能热度消退，一旦错过当下窗口，后续市场下行、AI热钱退潮，公司募资规模、整体估值、股东套现收益都会大幅缩水。这也是为什么SpaceX、OpenAI、Anthropic等一众AI巨头均在加速筹备上市的原因。当下“太空+AI”的双重稀缺概念，是当下资本市场最具想象力的叙事组合，SpaceX选择在此热度顶峰期上市，能够最大化享受赛道红利，实现远超传统航天企业的估值定价。值得一提的是，不同于普通新股上市需等待3个月观察期才能纳入指数，纳斯达克为SpaceX开通快速通道，上市仅15个交易日即可纳入纳斯达克100指数，并上调权重。这意味着，全球超12万亿美元追踪纳指100的被动基金、养老金、401K退休金账户，将按照规则强制被动买入SpaceX，形成百亿级确定性刚性买盘，为股价筑牢底部支撑。这套规则红利具备极强的时效性，窗口期转瞬即逝，越早上市，套利空间越大、资金托底效果越显著。也是SpaceX必须火速落地的关键原因。02、一边烧钱、一边讲故事支撑SpaceX万亿估值的核心，是其独家构建的“航天发射+卫星互联网+AI算力”三大业务闭环，但三大板块现实价值天差地别，这也是资本市场争议其估值的核心来源。根据招股书显示，SpaceX在2025财年的合并营收为186.74亿美元，合并净利润由2024财年的7.91亿美元变为亏损49.37亿美元。2026年一季度，SpaceX实现合并营收46.94亿美元，实现合并净利润为亏损42.76亿美元，合并调整后息税前利润则为11.27亿美元。其中，作为技术底座的航天发射业务，是行业绝对龙头，却持续亏损。目前SpaceX累计完成超650次发射，85%以上任务实现火箭复用，2025年入轨载荷占全球总量80%以上，垄断全球商业航天发射市场。猎鹰9号、重型猎鹰、龙飞船、星舰四大产品线全覆盖，手握NASA、美国国防部长期大额订单，2025年该板块营收超40亿美元。但受星舰持续高强度研发投入拖累，全年运营亏损6.57亿美元，仅能承担技术迭代、市场卡位的战略功能，无法贡献利润。作为唯一现金牛的星链卫星互联网业务，是公司估值的核心基本面支撑。2025年，星链卫星互联网业务营收达113.87亿美元，占公司总营收60.9%，运营净利润高达44.23亿美元，两年间利润增长近10倍。截至2026年3月，星链在轨卫星超9600颗，占全球活跃卫星75%，覆盖164个国家和地区，付费用户突破1030万。不过这一块业务也有隐忧，随着市场向欠发达地区下沉，单用户月均收入从2023年99美元降至66美元，增收不增利的增长瓶颈逐步凸显。而作为远期估值故事的AI业务，是烧钱主力，落地尚遥遥无期。2026年2月SpaceX收购xAI，正式将AI列为三大核心业务，布局AI算力基建、Grok大模型与轨道太空数据中心。目前AI部门由于xAI用于采购及建设大规模算力中心导致的巨额资本支出，仍处于大幅亏损状态。2025年AI业务亏损63.55亿美元，2026年一季度再亏24.69亿美元，单季资本开支77.23亿美元，远超航天发射与星链业务开支总和。但SpaceX对其AI部门寄予极高的期望。其在招股书中描绘，未来SpaceX理论最大潜在收入规模高达到28.5万亿美元；其中，太空发射仅占3700亿美元，星链的全球通信收入规模为1.6万亿美元，而人工智能市场收入将为26.5万亿美元，站绝对大头。这是一个堪称完全是天方夜谭的难以想象的数字。但现实却极其骨感，目前AI业务仅靠与Anthropic、谷歌的月度算力租赁订单维持基本营收，暂无自研大模型闭环能力，规划中的太空太阳能算力中心、百太瓦级超级算力体系，更像是一个为了支撑高估值而画的远期叙事大饼。03、超2万亿估值到底值不值？站在2.11万亿美元的市值关口，SpaceX也成为了近年美股分歧最极致的超级IPO。一边是散户疯狂抢购、资金扎堆狂欢，一边是顶级机构、资深资本大佬公开看空、预警泡沫。市场最大的争议核心是：一家持续亏损、年营收不足200亿美元的企业，是否配得上碾压众多千亿营收科技巨头的天价估值？从估值指标看，苹果10倍、特斯拉15倍、英伟达25倍的市销率尚且贴合行业可理解的合理区间，而SpaceX市销率高达百倍，已经完全脱离传统估值体系，让人无法理解认同；从经营基本面看，SpaceX成立以来累计亏损413亿美元，2026年一季度亏损再度扩大710%，扩张完全依靠外部融资输血，暂无明确盈利拐点；从风险层面看，马斯克手握超84%投票权的绝对集权模式缺乏股东制衡，治理风险突出，同时星舰迭代屡次失败、太空AI算力商业化落地渺茫，宏大叙事的兑现概率极低。但依旧有大量顶级资本与产业机构坚定押注，他们的核心共识在于，SpaceX突破了传统企业估值框架，其价值不在于当期盈利，而在于独家垄断的太空+AI下一代基础设施赛道，稀缺性无可替代。高盛预计，SpaceX的人工智能业务收入到2030年将激增约100倍，其人工智能部门的收入将从2025年的32亿美元增长至2030年的3220亿美元。SpaceX的总收入预计将在2030年达到4740亿美元。与多头狂热形成鲜明对比的是，大量权威机构、资深做空资本对SpaceX天价估值发出严厉预警，认为本轮行情完全脱离基本面，是情绪与叙事催生的巨大泡沫。知名大空头、《华尔街最精准做空者》詹姆斯·查诺斯公开炮轰，直言SpaceX是一场彻头彻尾的“希望与梦想式IPO”，其近2万亿美元的估值完全依托市场对马斯克的个人信仰，而非真实财务表现。他批评，市场在为一家自由现金流为负、持续大额烧钱的企业支付史诗级溢价，在任何合理的长期经营假设下，该估值都无法成立，本质是资本炒作的海市蜃楼。IPO当日，评级机构CFRA率先发布独家“卖出”评级，给出115美元目标价，较135美元发行价折价近15%，核心理由是SpaceX估值严重透支，星链的微薄盈利持续被星舰、xAI两大吞金业务吞噬，且AI赛道入局较晚，无核心差异化优势，难以兑现万亿级市场预期。晨星（Morningstar）研报更为激进，分析师尼古拉斯·欧文斯将其公允价值仅定为63美元，较发行价腰斩超53%，公允估值仅7800亿美元，理由是当前估值过高溢价完全是市场为太空数据中心、火星殖民等未落地、高风险远期概念支付的空想价格，不可能成为现实。04、结语SpaceX的史诗级IPO狂欢，可以说是全球资本对“太空+AI”下一代基础设施的极致押注。短期来看，依托稀缺赛道、稳固壁垒与完善的资本防护体系，SpaceX的高估值仍有支撑空间。但长期而言，万亿市值能否站稳，最终不取决于叙事有多宏大，而取决于星舰技术能否落地、太空AI算力能否商业化、持续亏损的循环能否打破。这场属于星辰大海的资本盛宴，终究需要真实的技术突破与盈利能力来买单。","news_type":1,"symbols_score_info":{"SPAL":1.5,"SPCU":1.5,"SNK":1.5,"LOFF":0.6,"SPCF":0.6,"SPCX":1.5,"DXYZ":1.5,"SPCH":0.6,"UFO":0.6,"XOVR":1.5}},"isVote":1,"tweetType":1,"viewCount":2395,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3518085287468930","authorId":"3518085287468930","name":"股市新韭菜","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3518085287468930","idStr":"3518085287468930"},"content":"它也许现在营收是不行，问题你要看将来行不行啊，你不在它没起来的时候进场，高峰了进场你不站岗吗","text":"它也许现在营收是不行，问题你要看将来行不行啊，你不在它没起来的时候进场，高峰了进场你不站岗吗","html":"它也许现在营收是不行，问题你要看将来行不行啊，你不在它没起来的时候进场，高峰了进场你不站岗吗"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":576584056001232,"gmtCreate":1781791069326,"gmtModify":1781791891526,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.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href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 毕竟是靠人设IP 打造流量 营收千亿都没有 没办法支撑起万亿市值，主要靠x社交平台宣传打造流量","listText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$ </a> 毕竟是靠人设IP 打造流量 营收千亿都没有 没办法支撑起万亿市值，主要靠x社交平台宣传打造流量","text":"$SpaceX(SPCX)$ 毕竟是靠人设IP 打造流量 营收千亿都没有 没办法支撑起万亿市值，主要靠x社交平台宣传打造流量","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/576584056001232","isVote":1,"tweetType":1,"viewCount":2270,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3493844916413110","authorId":"3493844916413110","name":"风石康俊","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3493844916413110","idStr":"3493844916413110"},"content":"如果跌到一万亿我愿意买一点，现在这个价格太高了","text":"如果跌到一万亿我愿意买一点，现在这个价格太高了","html":"如果跌到一万亿我愿意买一点，现在这个价格太高了"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":581838826328296,"gmtCreate":1783080594709,"gmtModify":1783080596664,"author":{"id":"4214694106725180","authorId":"4214694106725180","name":"666达子","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4214694106725180","idStr":"4214694106725180"},"themes":[],"title":"","htmlText":"变现能力 也就从消费机 短视频ai 接入广告&nbsp; 目前来讲 还是挺难的","listText":"变现能力 也就从消费机 短视频ai 接入广告&nbsp; 目前来讲 还是挺难的","text":"变现能力 也就从消费机 短视频ai 接入广告 目前来讲 还是挺难的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/581838826328296","repostId":"1111562809","repostType":2,"repost":{"id":"1111562809","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1783043597,"share":"https://www.laohunote.com/m/news/1111562809?lang=zh_CN&edition=full","pubTime":"2026-07-03 09:53","market":"us","language":"zh","title":"英伟达剑指“万亿级”实体AI，平台变现尚存时差，三大零部件赛道迎抢单潮","url":"https://stock-news.laohu8.com/highlight/detail?id=1111562809","media":"老虎资讯综合","summary":"英伟达瞄准“万亿级”实体 AI 赛道英伟达首席执行官黄仁勋已将机器人和实体 AI视为下一个万亿美元级别的重大机遇。过去 12 个月中，英伟达的实体 AI 相关营收已从前一年的 60 亿美元跃升至 90 亿美元，被分析师普遍视为公司的“第二增长曲线”。平台野心丰满，但变现仍存“时差”英伟达在机器人领域的战略目标，是复刻其 CUDA 平台在加速计算领域的绝对统治力。","content":"<html><head></head><body><h3 id=\"id_3530841856\" style=\"text-align: left;\">英伟达瞄准“万亿级”实体 AI 赛道</h3><p style=\"text-align: left;\">英伟达首席执行官黄仁勋已将机器人和实体 AI视为下一个万亿美元级别的重大机遇。过去 12 个月中，英伟达的实体 AI 相关营收已从前一年的 60 亿美元跃升至 90 亿美元，被分析师普遍视为公司的“第二增长曲线”。</p><p style=\"text-align: left;\">结合盘面走势，英伟达周四股价小幅收跌1.39%，收报194.83元，成交额277.8亿。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/24f4c6a7e31965296be4f2c52f667342\" tg-width=\"560\" tg-height=\"240\" data-image-type=\"kline\"/></p><h3 id=\"id_1091395535\" style=\"text-align: left;\">平台野心丰满，但变现仍存“时差”</h3><p style=\"text-align: left;\">英伟达在机器人领域的战略目标，是复刻其 CUDA 平台在加速计算领域的绝对统治力。通过新发布的 Halos 机器人安全堆栈，英伟达致力于构建人形机器人的软件、计算和安全底层架构，而非亲自造车。然而，黄仁勋描绘的人形机器人营收愿景仍需数年才能兑现。</p><p style=\"text-align: left;\">目前实体 AI 的收入主力依然是自动驾驶和工厂自动化，在英伟达 2026 财年 2159 亿美元的总营收中，包含机器人业务的边缘计算板块仅占 23 亿美元，短期内难以成为核心盈利驱动。</p><h3 id=\"id_550234913\" style=\"text-align: left;\">核心投资逻辑：买入零部件“卖水人”，警惕整机“彩票股”</h3><p style=\"text-align: left;\">由于平台级的商业故事尚未转化为即期现金流，分析师指出，当下最稳妥的交易策略是布局传统零部件供应商。目前，英伟达代表的是底层架构的长期押注，而人形机器人整机厂更像是一张“彩票”。麦肯锡的数据显示，在人形机器人的成本中，执行器占 40% 至 60%，传感器和计算元件各占 10% 至 20%。距离运动控制、传感、安全或工厂集成越近的供应商，越早能看到真实的营收转化。</p><h3 id=\"id_694556779\" style=\"text-align: left;\">产业落地加速，细分赛道备受瞩目</h3><p style=\"text-align: left;\">实质性的零部件订单已经开始落地，例如德国舍弗勒已拿下英国初创公司 Humanoid 至少百万个执行器的长期订单。在被视为机器人“肌肉”的执行器与电机领域，短期内的商业逻辑最为清晰，目前博世、麦格纳等巨头已纷纷入局。与此同时，作为机器人“大脑与眼睛”的传感器与边缘计算赛道竞争尚未尘埃落定，英伟达正以 Jetson Thor 锚定端侧，而高通也推出了专用的 Dragonwing IQ10 处理器强势抢占市场。此外，在电源与系统集成环节，发那科、ABB 等拥有超 200 万台装机量的传统巨头，正逐步将英伟达的模块深度整合进自身系统，这些老牌企业实际上掌控着人形机器人能否顺利实现规模化量产的生杀大权。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" 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left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n英伟达剑指“万亿级”实体AI，平台变现尚存时差，三大零部件赛道迎抢单潮\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2026-07-03 09:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h3 id=\"id_3530841856\" style=\"text-align: left;\">英伟达瞄准“万亿级”实体 AI 赛道</h3><p style=\"text-align: left;\">英伟达首席执行官黄仁勋已将机器人和实体 AI视为下一个万亿美元级别的重大机遇。过去 12 个月中，英伟达的实体 AI 相关营收已从前一年的 60 亿美元跃升至 90 亿美元，被分析师普遍视为公司的“第二增长曲线”。</p><p style=\"text-align: left;\">结合盘面走势，英伟达周四股价小幅收跌1.39%，收报194.83元，成交额277.8亿。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/24f4c6a7e31965296be4f2c52f667342\" tg-width=\"560\" tg-height=\"240\" data-image-type=\"kline\"/></p><h3 id=\"id_1091395535\" style=\"text-align: left;\">平台野心丰满，但变现仍存“时差”</h3><p style=\"text-align: left;\">英伟达在机器人领域的战略目标，是复刻其 CUDA 平台在加速计算领域的绝对统治力。通过新发布的 Halos 机器人安全堆栈，英伟达致力于构建人形机器人的软件、计算和安全底层架构，而非亲自造车。然而，黄仁勋描绘的人形机器人营收愿景仍需数年才能兑现。</p><p style=\"text-align: left;\">目前实体 AI 的收入主力依然是自动驾驶和工厂自动化，在英伟达 2026 财年 2159 亿美元的总营收中，包含机器人业务的边缘计算板块仅占 23 亿美元，短期内难以成为核心盈利驱动。</p><h3 id=\"id_550234913\" style=\"text-align: left;\">核心投资逻辑：买入零部件“卖水人”，警惕整机“彩票股”</h3><p style=\"text-align: left;\">由于平台级的商业故事尚未转化为即期现金流，分析师指出，当下最稳妥的交易策略是布局传统零部件供应商。目前，英伟达代表的是底层架构的长期押注，而人形机器人整机厂更像是一张“彩票”。麦肯锡的数据显示，在人形机器人的成本中，执行器占 40% 至 60%，传感器和计算元件各占 10% 至 20%。距离运动控制、传感、安全或工厂集成越近的供应商，越早能看到真实的营收转化。</p><h3 id=\"id_694556779\" style=\"text-align: left;\">产业落地加速，细分赛道备受瞩目</h3><p style=\"text-align: left;\">实质性的零部件订单已经开始落地，例如德国舍弗勒已拿下英国初创公司 Humanoid 至少百万个执行器的长期订单。在被视为机器人“肌肉”的执行器与电机领域，短期内的商业逻辑最为清晰，目前博世、麦格纳等巨头已纷纷入局。与此同时，作为机器人“大脑与眼睛”的传感器与边缘计算赛道竞争尚未尘埃落定，英伟达正以 Jetson Thor 锚定端侧，而高通也推出了专用的 Dragonwing IQ10 处理器强势抢占市场。此外，在电源与系统集成环节，发那科、ABB 等拥有超 200 万台装机量的传统巨头，正逐步将英伟达的模块深度整合进自身系统，这些老牌企业实际上掌控着人形机器人能否顺利实现规模化量产的生杀大权。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://community-static.tradeup.com/news/38cfd37971441bfdcff71bbb03deb161","relate_stocks":{"NVYY":"GraniteShares YieldBOOST NVDA ETF","NVDB":"ProShares Ultra NVDA ETF","NVII":"Rex NVDA Growth & Income ETF","NVDD":"1倍做空NVDA 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亿美元的总营收中，包含机器人业务的边缘计算板块仅占 23 亿美元，短期内难以成为核心盈利驱动。核心投资逻辑：买入零部件“卖水人”，警惕整机“彩票股”由于平台级的商业故事尚未转化为即期现金流，分析师指出，当下最稳妥的交易策略是布局传统零部件供应商。目前，英伟达代表的是底层架构的长期押注，而人形机器人整机厂更像是一张“彩票”。麦肯锡的数据显示，在人形机器人的成本中，执行器占 40% 至 60%，传感器和计算元件各占 10% 至 20%。距离运动控制、传感、安全或工厂集成越近的供应商，越早能看到真实的营收转化。产业落地加速，细分赛道备受瞩目实质性的零部件订单已经开始落地，例如德国舍弗勒已拿下英国初创公司 Humanoid 至少百万个执行器的长期订单。在被视为机器人“肌肉”的执行器与电机领域，短期内的商业逻辑最为清晰，目前博世、麦格纳等巨头已纷纷入局。与此同时，作为机器人“大脑与眼睛”的传感器与边缘计算赛道竞争尚未尘埃落定，英伟达正以 Jetson Thor 锚定端侧，而高通也推出了专用的 Dragonwing IQ10 处理器强势抢占市场。此外，在电源与系统集成环节，发那科、ABB 等拥有超 200 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