中信证券：星上算力已成共识，科技巨头逐鹿太空

Core Viewpoint - OpenAI is seeking to establish, invest in, or acquire a rocket company to compete with Musk in the space computing sector [1] Industry Developments - Major US tech giants are beginning to invest in space computing, recognizing its significant commercial value [1] - Chinese companies, such as Xingwang and G60 Qianfan Constellation, have entered the mass launch phase, indicating a shift in the commercial space industry [1] Market Trends - The introduction of commercial launch sites and rockets in Hainan is contributing to a trend of high capacity and low costs in commercial space [1] - The space computing sector is poised to break industry ceilings, with a new market scale expected to reach trillions [1]