SpaceX的"赚钱能力"曝光。 据最新消息，世界首富埃隆·马斯克旗下的商业航天公司SpaceX去年实现150亿至160亿美元收入。这一 强劲的财务表现迅速推高了市场对其IPO体量的想象，有投行预计，SpaceX在IPO时的估值或将超过1.5 万亿美元。 与此同时，马斯克的"太空商业版图"也传出大消息。据外媒报道，SpaceX正在评估多种企业整合方案， 其中包括与特斯拉进行潜在合并，或与人工智能公司xAI整合业务，交易可能吸引基础设施基金及中东 主权财富基金的兴趣。受此影响，特斯拉股价直线拉升，周五盘中一度逆势大涨超5%。 SpaceX最新业绩曝光 美东时间1月30日，路透社报道，据两位知情人士透露，马斯克旗下SpaceX公司2025年实现营收预计达 150亿至160亿美元，息税折旧摊销前利润（EBITDA）约为80亿美元（约合人民币556亿元）。相关财 务表现此前从未对外披露。 目前部分投行预计，SpaceX在IPO时的估值或将超过1.5万亿美元，融资规模可能会突破500亿美元。这 一估值水平将使其成为全球有史以来规模最大的IPO。 据此前报道，SpaceX计划在今年晚些时候上市，目标日期定在马斯克55岁生 ...

据最新消息，世界首富埃隆·马斯克旗下的商业航天公司SpaceX去年实现150亿至160亿美元收入。这一强劲的财务表现迅速推高了市场 对其IPO体量的想象，有投行预计，SpaceX在IPO时的估值或将超过1.5万亿美元。 与此同时，马斯克的"太空商业版图"也传出大消息。据外媒报道，SpaceX正在评估多种企业整合方案，其中包括与特斯拉进行潜在合 并，或与人工智能公司xAI整合业务，交易可能吸引基础设施基金及中东主权财富基金的兴趣。受此影响，特斯拉股价直线拉升，周五 盘中一度逆势大涨超5%。 SpaceX的"赚钱能力"曝光。 SpaceX最新业绩曝光 美东时间1月30日，路透社报道，据两位知情人士透露，马斯克旗下SpaceX公司2025年实现营收预计达150亿至160亿美元，息税折旧摊 销前利润(EBITDA)约为80亿美元（约合人民币556亿元）。相关财务表现此前从未对外披露。 知情人士表示，这组财务数据，正促使多家投行重新评估SpaceX的上市潜力。 目前部分投行预计，SpaceX在IPO时的估值或将超过1.5万亿美元，融资规模可能会突破500亿美元。这一估值水平将使其成为全球有史 以来规模最大的IPO。 据 ...

SpaceX的"赚钱能力"曝光。 据最新消息，世界首富埃隆·马斯克旗下的商业航天公司SpaceX去年实现150亿至160亿美元收入。这一强劲的财务表现迅速推高了市场对其IPO体量 的想象，有投行预计，SpaceX在IPO时的估值或将超过1.5万亿美元。 与此同时，马斯克的"太空商业版图"也传出大消息。据外媒报道，SpaceX正在评估多种企业整合方案，其中包括与特斯拉进行潜在合并，或与人工 智能公司xAI整合业务，交易可能吸引基础设施基金及中东主权财富基金的兴趣。受此影响，特斯拉股价直线拉升，周五盘中一度逆势大涨超5%。 SpaceX最新业绩曝光 美东时间1月30日，路透社报道，据两位知情人士透露，马斯克旗下SpaceX公司2025年实现营收预计达150亿至160亿美元，息税折旧摊销前利润 (EBITDA)约为80亿美元（约合人民币556亿元）。相关财务表现此前从未对外披露。 知情人士表示，这组财务数据，正促使多家投行重新评估SpaceX的上市潜力。 星链产生的稳定现金流不仅支撑了商业扩张，也成为SpaceX持续投入重型火箭——星舰（Starship）研发的核心资金来源。 马斯克的大动作 临近上市窗口，马斯克突 ...

Group 1 - The international gold price experienced a dramatic fluctuation at the beginning of 2026, soaring to a peak of $5598 per ounce before plummeting by nearly $670 within 30 hours, marking the largest single-day drop since 1983 [6][7][13] - Key players driving the gold price surge included the National Bank of Poland, Tether, and SPDR Gold Shares, which collectively accumulated nearly 1780 tons of gold over the past year [7][21][30] - The nomination of Kevin Warsh as the next Federal Reserve Chairman by President Trump triggered significant market volatility, contributing to the sharp decline in gold prices [7][14][18] Group 2 - The National Bank of Poland has been a major buyer of gold, purchasing approximately 100 tons in 2025, making it the largest official gold buyer globally for the second consecutive year [21][22] - Tether has accumulated 140 tons of gold, positioning itself as a significant player in the physical gold market, with plans to continue purchasing gold to support its cryptocurrency operations [25][27][28] - SPDR Gold Shares, the largest gold ETF, held approximately 1086.53 tons of gold as of January 29, 2026, making it a crucial factor in the gold market [30][32] Group 3 - The recent volatility in gold prices is attributed to multiple risk factors, including geopolitical tensions, concerns over the dollar's credit risk, and potential policy shifts under the new Fed leadership [33][34] - Analysts predict that gold may enter a phase of "oscillation and digestion" in the short term, but could rebound quickly if new risk events arise [34] - Various financial institutions have set differing price targets for gold in 2026, with some predicting a rise to $6000 per ounce, while others forecast a lower range around $4450 to $4550 per ounce [35][36]

当AI开始吞噬现金流，世界首富——马斯克的商业帝国也被迫进入"重组模式"。 1月31日，据彭博报道，随着人工智能投入成本持续攀升，埃隆·马斯克正重新审视其旗下企业的资本结 构。围绕SpaceX上市、与特斯拉或xAI合并的讨论，正从"可能性"演变为现实选项。 在达沃斯世界经济论坛上，马斯克畅谈人形机器人、逆转衰老，甚至把太阳能数据中心送上太空。但真 正的问题在于：这些宏大设想，资金从哪里来？ AI吞噬现金，成为一切变化的起点 推动这一轮结构性调整的直接原因，是AI的资金需求已超出单一公司的承受范围。 xAI目前的现金消耗速度约为每月10亿美元。财务文件显示，该公司去年第三季度净亏损14.6亿美元， 前九个月现金支出达78亿美元。 即便在完成多轮大规模融资后，这种烧钱速度仍在放大压力。 Roundhill Investments首席执行官Dave Mazza评价称： 为了填补这一资金黑洞，马斯克将目光投向了旗下最赚钱的资产——SpaceX。 市场消息称，SpaceX正在探索最早于今年6月进行IPO，目标估值高达1.5万亿美元，融资规模或达500 亿美元，有望成为史上最大IPO。 这不仅是为火箭融资，更是为了资助马 ...

全球首富马斯克或许将创造一个"科技巨无霸"，整合特斯拉、SpaceX和xAI三家公司。 据环球网援引路透社报道，马斯克旗下太空探索公司SpaceX正探讨与电动汽车制造商特斯拉进行潜在合并，同时考虑与人工智能初创公司 xAI深化战略合作。这一系列动作若落地，将整合火箭发射、星链卫星网络、电动汽车、社交媒体平台及生成式AI技术，构建全球科技领域 的"超级生态体"。 深企投产业研究相关报告表示，目前SpaceX猎鹰9号已将发射成本降至约1500美元/公斤以下，预计2030年以后SpaceX的单位发射成本 降至200美元/公斤以下，为太空算力商业化铺平道路。当前我国商业航天卫星发射成本远高于SpaceX，发射频次与运力差距极大，成为太 空算力商业化的最大瓶颈。 特斯拉人形机器人"加快脚步" 当地时间1月30日，特斯拉股价大涨超3%，为美股科技七巨头中唯二上涨的公司（苹果收涨不足0.5%）。 SpaceX或将登陆美股 据彭博社报道，马斯克正考虑整合旗下资产，推进太空算力布局。如果工程技术允许，马斯克通过这样的方向布局太空算力：太空探索技 术公司SpaceX在轨数据中心为人工智能公司xAI输送庞大算力，以特斯拉制造储能系 ...

Core Viewpoint - Elon Musk is exploring the potential merger of SpaceX and Tesla, along with a strategic partnership with xAI, aiming to create a "super ecosystem" in the technology sector that integrates rocket launches, satellite networks, electric vehicles, social media, and generative AI technology [1][2]. Group 1: SpaceX Developments - SpaceX is considering a public offering (IPO) in June 2026, aiming to raise approximately $50 billion, which could value the company at around $1.5 trillion, making it the largest IPO in history [2][7]. - By the end of 2025, SpaceX is projected to have completed over 300 Falcon 9 rocket launches and launched more than 10,000 Starlink satellites, with a record 170 launches in 2025 [3][8]. - The cost of launching Falcon 9 rockets has been reduced to below $1,500 per kilogram, with expectations to drop to $200 per kilogram post-2030, facilitating the commercialization of space computing [3][8]. Group 2: Tesla Financial Performance - Tesla reported a revenue of $94.827 billion for 2025, marking a 3% year-over-year decline, and a net profit of approximately $3.8 billion, down about 46% [4][9]. - In 2025, Tesla produced approximately 1.655 million electric vehicles and delivered 1.636 million, achieving record delivery numbers in the Asia-Pacific market [4][9]. Group 3: Tesla's Robotics and Energy Business - Tesla's energy storage capacity reached 46.7 GWh in 2025, a year-over-year increase of 48.7%, with the fourth quarter alone contributing 14.2 GWh, marking historical highs [4][9]. - The third-generation humanoid robot is set to be released in Q1 2026, featuring significant upgrades and a production plan that aims for an annual capacity of 1 million units by the end of 2026 [5][10].

Core Viewpoint - Elon Musk is exploring the integration of his companies Tesla, SpaceX, and xAI to create a "super ecosystem" in the technology sector, potentially merging rocket launches, satellite networks, electric vehicles, social media, and generative AI technology [1]. Group 1: SpaceX and Tesla Integration - SpaceX is considering a merger with Tesla and a strategic partnership with xAI, which could lead to a comprehensive technological ecosystem [1]. - Musk is also contemplating using SpaceX's next-generation Starship to transport Tesla's humanoid robots to the Moon and Mars [3]. - SpaceX is expected to conduct an IPO in June 2026, aiming to raise approximately $50 billion, which would value the company at around $1.5 trillion, making it the largest IPO in history [3]. Group 2: SpaceX's Launch and Cost Efficiency - By the end of 2025, SpaceX plans to complete over 300 Falcon 9 rocket launches and has already launched more than 10,000 Starlink satellites [4]. - The cost of launching Falcon 9 rockets has been reduced to below $1,500 per kilogram, with projections to drop to $200 per kilogram post-2030, facilitating the commercialization of space computing [4]. Group 3: Tesla's Financial Performance - In 2025, Tesla reported annual revenue of $94.827 billion, a 3% decline year-over-year, marking the first annual revenue drop in the company's history [7]. - Tesla's global electric vehicle production reached approximately 1.655 million units in 2025, with deliveries totaling 1.636 million units, achieving record high deliveries in the Asia-Pacific market [7]. - Tesla's energy storage capacity reached 46.7 GWh in 2025, a 48.7% increase year-over-year, with the fourth quarter alone contributing 14.2 GWh, marking historical highs [7]. Group 4: Humanoid Robot Development - Tesla plans to release the third generation of its humanoid robot in Q1 2026, featuring significant upgrades and a design that closely resembles a human [8]. - The production line for Tesla's humanoid robots will be established at the Fremont factory, with plans to start mass production by the end of 2026, targeting an annual capacity of 1 million units [8].

以下文章来源于腾讯科技 ，作者值得关注的 腾讯科技 . 腾讯新闻旗下腾讯科技官方账号，在这里读懂科技！ 本文来自微信公众号： 腾讯科技 ，编辑：徐青阳，作者：值得关注的 "过去一个月，网上流传着很多关于我司2025年出货量的不实信息。"1月22日，宇树科技在一则回应 公告中写道。 宇树的这条回应，矛头直指Omdia此前公布的"人形机器人出货量榜单"。 Omdia此前公布的数据显示，2025年，人形机器人出货前三名：智元机器人、宇树科技、优必选，对 应出货量分别为5168台，4200台和1000台。 另外，市场机构Counterpoint日前披露的数据也显示，智元、宇树和优必选三家企业占据人形机器人 市场份额前三名，分别为30.4%、26.4%、5.2%。 两份榜单虽然口径不一致，但对应头部前三名的排序高度一致。 01 跳舞≠死路一条 "2026年的人形机器人，还是跳舞耍宝，那结局只能死路一条。"一位投资人激进的评价人形机器人 的应用现状。 这种评价虽极端，但故事要从10多年前开始说起。 2013年，波士顿动力公司基于其PETMAN人形机器人，为DARPA项目开发了Atlas。"就像一个1岁 的孩子几乎不能走路 ...

Market Overview - Wall Street's main indexes closed lower as investors reacted to President Trump's nomination of Kevin Warsh for Federal Reserve Chair, viewing it as a hawkish choice amid mixed earnings reports and inflation concerns [9][10] - The Dow Jones Industrial Average fell by 179.09 points (0.36%) to 48,892.47, the S&P 500 lost 29.98 points (0.43%) to 6,939.03, and the Nasdaq Composite decreased by 223.30 points (0.94%) to 23,461.82 [10] Federal Reserve and Monetary Policy - Kevin Warsh is expected to favor lower interest rates but will not pursue aggressive monetary easing, suggesting a potential shift in the Fed's approach to monetary policy [9][10] - Markets are adjusting to the implications of Warsh's nomination, with the U.S. dollar gaining and precious metals experiencing a sell-off [10] Earnings Reports - Apple shares closed up 0.4% after a forecast of higher-than-expected revenue growth of up to 16% for the March quarter, despite warnings about rising memory-chip prices affecting profitability [5][10] - Microsoft shares fell 0.7% after a significant 10% drop the previous day, attributed to disappointing cloud revenue [6][10] - Tesla shares rose 3.3% following reports of potential deals with SpaceX, contributing positively to the S&P 500 [7][10] - Verizon Communications saw an 11.8% increase in shares after forecasting annual profit and free cash flow above market expectations, driven by strong subscriber growth [7][10] Sector Performance - The S&P's Materials index led declines with a 1.9% loss, influenced by a sell-off in gold and silver prices [4][10] - Defensive consumer staples sector was the top performer, rising 1.4%, with Colgate-Palmolive gaining 5.9% after positive sales forecasts [4][10] Market Dynamics - The Russell 2000 index, which has been outperforming large-cap indexes, lagged with a 1.6% loss on the day but ended the month up more than 5% [2][10] - Overall, declining issues outnumbered advancers on both the NYSE and Nasdaq, indicating a bearish sentiment in the market [8][10]