Nasa和SpaceX的商业合作，被业内公认为一个优秀的典范，但随着合作的深入，Nasa自身却在逐渐"失 能"。SpaceX，一家私营公司，居然成为了美国国家太空探索的支柱。今天咱们来聊聊，Nasa，这个曾 经人类深空探索的带头大哥，现在到底是怎么了。 ...

RT Poloniex Exchange (@Poloniex)A new era of space exploration is here, one that welcomes entrepreneurs, builders, and dreamers. 🚀🌍We’re proud to see @justinsuntron join @BlueOrigin’s NS-34 mission, becoming the youngest Chinese commercial astronaut to take part in this historic journey.The future is beyond Earth and we’re just getting started.🔗 https://t.co/3VG3lCsloW ...

Industry Overview - China's technology sector is poised for exceptional investment opportunities in 2025, driven by innovations, government support, and attractive valuations [1] - The AI sector is receiving unprecedented backing through a $138 billion National Venture Capital Guidance Fund, targeting AI development [2] - The semiconductor sector is experiencing significant growth, with a $47.5 billion investment in Big Fund III and a projected increase in wafer production from 8.85 million to 10.1 million monthly by 2025 [4][5] AI Sector - DeepSeek's R1 model has achieved performance parity with OpenAI at a significantly lower training cost of $5.6 million, showcasing China's technological capabilities [2] - Alibaba Cloud reported an 18% revenue growth in Q1 2025, with AI products maintaining triple-digit growth for seven consecutive quarters [3] Semiconductor Sector - Chinese foundries are targeting 30% of global foundry capacity by 2030, with successful 7nm chip production demonstrating technological advancements [5] - SMIC reported record revenues of $8.03 billion with a 27% growth, indicating strong financial performance despite international restrictions [4] Robotics and Space Exploration - China's robotics sector is projected to reach a market value of $14.6 billion by 2034, with Chinese companies controlling 63% of the global humanoid robot supply chain [6] - The commercial space sector is expected to reach $344 billion by 2025, supported by government investment and private sector expansion [7] Market Valuations - Chinese technology stocks are trading at P/E ratios of 11-15x, significantly lower than the U.S. markets at 26x, indicating attractive investment opportunities [8] - The Hang Seng Tech Index has surged 30% year to date in 2025, reflecting strong market performance [8] Company Highlights - Bilibili reported a 24% revenue growth to RMB 7 billion in Q1 2025, with a 99% reduction in GAAP net loss and a gross profit margin increase to 36.3% [10][11] - NetEase's gaming revenues surged 12.1% year over year to RMB 24 billion, with net income jumping 35% to RMB 10.3 billion, showcasing strong operational leverage [12][13] - VNET Group achieved 18.3% revenue growth in Q1 2025, driven by AI-related demand, and projected revenues of RMB 9.15-9.35 billion for 2025 [14][15]

Core Viewpoint - Intuitive Machines stock has shown resilience despite a downgrade from Bank of America, indicating potential investor optimism and future growth prospects [2][4][5]. Group 1: Stock Performance and Analyst Ratings - Bank of America analyst Ronald Epstein lowered the price target for Intuitive Machines stock from $16 to $10.50, resulting in an "underperform" rating [2]. - Despite the downgrade, Intuitive Machines stock increased by 1.2% initially and continued to rise, gaining 5.1% by mid-morning [2][4]. - The stock's performance this year has been bolstered by a report of positive free cash flow of $13.3 million in Q1 [5]. Group 2: Future Profitability and Cash Flow Concerns - Analysts predict that Intuitive Machines will not achieve sustained profitability until at least 2027 and consistent positive free cash flow until 2028 [6]. - Management has cautioned about potential "cash receipt lumpiness" in Q2, which may lead to negative free cash flow [5][6]. Group 3: Growth Opportunities - Intuitive Machines has secured multiple NASA contracts for lunar missions, a Near Space Network communications contract, and is developing Earth reentry vehicles for semiconductor and space pharmaceutical clients, indicating a promising future [7].

Falcon 9 launches the Eumetsat MTG S1 mission to orbit from Florida marking another step forward in space exploration https://t.co/8df0KY6uI1 ...

Grateful beyond words for the incredible SpaceX team. The passion, brilliance, and hard work of these people are pushing humanity to the stars and shaping the future of space https://t.co/zUXOWFhS2F ...

Core Viewpoint - Intuitive Machines' recent stock price decline presents a potential buying opportunity for new investors despite its previous high valuation [3][10]. Company Overview - Intuitive Machines is recognized as a pioneering space company, notably for being the first private entity to successfully land a spacecraft on the moon [5]. - The company has completed two moon landings, both of which had partial success, and has secured contracts with NASA for two additional landings in 2026 and 2027 [6]. Revenue and Contracts - The company received $132 million for its first moon landing and $122 million for the second, with a third mission priced at $87 million, potentially increasing with commercial customer contributions [7]. - A significant contract with NASA worth $4.8 billion over ten years for building a Near Space Network is expected to generate $480 million annually, which is four times the value of a lander contract [8]. Valuation Insights - Intuitive Machines reported $217 million in revenue last year, suggesting a market valuation of less than $880 million based on typical space stock valuation metrics [10]. - Current market capitalization estimates range from $1.3 billion to as high as $2 billion, indicating a potential undervaluation [10][12]. - Future revenue projections, assuming continued contracts and operations, could lead to a valuation of $2.4 billion, even under unprofitable conditions [12].

Watch LIVE as RocketLab launches the 67th Electron rocket from New Zealand carrying Symphony In The Stars' the first of two dedicated missions on Electron to deploy a single spacecraft to a 650km circular Earth orbit for a confidential commercial customer. A second dedicated launch on Electron to meet those same mission requirements is scheduled for launch before the end of 2025. Join our community Discord! https://discord.com/invite/xCm9UpDPE4 This coverage is made possible by our amazing community! Consid ...

Group 1 - The ongoing feud between SpaceX CEO Elon Musk and President Donald Trump is benefiting competitors AST SpaceMobile Inc and Rocket Lab USA Inc in the earth exploration sector [1] - AST SpaceMobile Inc's stock has increased by 14.1% to $35.58, reaching a peak of $36.66, and has a year-to-date gain of 320.4% with over 70% added this year [2] - Rocket Lab USA Inc's stock rose by 6.4% to $30.77, with a recent surge to $32.70, and has experienced a significant 596.6% increase over the past 12 months [3] Group 2 - Both AST SpaceMobile and Rocket Lab are experiencing high trading volumes in the options market, with ASTS and RKLB seeing triple the typical volume [4] - The most popular options for ASTS are the June 40 call, while for RKLB, it is the weekly 6/13 32-strike call, indicating new positions being opened [4]

Core Viewpoint - AST SpaceMobile's shares have increased by 33.9% this week, driven by speculation of a potential partnership with Blue Origin and a public dispute between Elon Musk and Donald Trump [1][2][4]. Group 1: Stock Performance - AST SpaceMobile's stock rose 33.9% as of 2 p.m. ET this week, outperforming the S&P 500's 1.5% gain and the Nasdaq-100's 2.2% increase [1]. Group 2: Speculation of Partnership - A board member of AST SpaceMobile posted a picture with Jeff Bezos and the CEO, suggesting a possible closer relationship with Blue Origin, which could significantly benefit AST [2]. - AST SpaceMobile already has a contract with Blue Origin to launch 45 satellites, but a more formal partnership could be transformative for the company [2]. Group 3: Market Context - The public spat between Elon Musk and Donald Trump may create opportunities for AST SpaceMobile, especially if Musk's contracts with the government are threatened [4].