{"id":648589,"date":"2026-07-07T02:51:35","date_gmt":"2026-07-07T09:51:35","guid":{"rendered":"https:\/\/nai500.com\/blog\/2026\/07\/gs-ms-spacex-1\/"},"modified":"2026-07-07T06:23:17","modified_gmt":"2026-07-07T13:23:17","slug":"gs-ms-spacex-1","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/07\/gs-ms-spacex-1\/","title":{"rendered":"\u540c\u4e00\u53eaSpaceX\uff0c\u9ad8\u76db\u548c\u5927\u6469\u7684\u4f30\u503c\u7adf\u5dee\u51fa1\u842c\u5104\u7f8e\u91d1\uff1f"},"content":{"rendered":"

SpaceX\u525b\u525b\u4ee5\u5275\u7d00\u9304\u76841.77\u842c\u5104\u7f8e\u5143\u4f30\u503c\u5b8c\u6210IPO\uff0c\u806f\u5e2d\u4e3b\u627f\u92b7\u5546\u9ad8\u76db\u548c\u6469\u6839\u58eb\u4e39\u5229\u5728\u975c\u9ed8\u671f\u7d50\u675f\u7684\u7b2c\u4e00\u6642\u9593\u4fbf\u540c\u6b65\u767c\u51fa\u201c\u8cb7\u5165\u201d\u8a55\u7d1a\u3002\u7136\u800c\uff0c\u4ee4\u5e02\u5834\u932f\u6115\u7684\u662f\uff0c\u9019\u5169\u5bb6\u6700\u77ad\u89e3\u516c\u53f8\u5e95\u724c\u7684\u6295\u884c\uff0c\u7d66\u51fa\u7684\u96b1\u542b\u4f30\u503c\u7adf\u76f8\u5dee\u4e86\u8d85\u904e1\u842c\u5104\u7f8e\u5143\u3002\u540c\u4e00\u500b\u201c\u8cb7\u5165\u201d\u4fe1\u865f\uff0c\u80cc\u5f8c\u537b\u662f\u5169\u5957\u622a\u7136\u4e0d\u540c\u7684\u672a\u4f86\u5716\u666f\u3002<\/p>\n

\u842c\u5104\u88c2\u75d5\u6e90\u65bc\u661f\u93c8\u8c6a\u8ced<\/h2>\n

\u9019\u5834\u4f30\u503c\u9d3b\u6e9d\u7684\u6838\u5fc3\uff0c\u5728\u65bc\u5c0d\u661f\u93c8\uff08Starlink\uff09\u589e\u9577\u66f2\u7dda\u7684\u6975\u7aef\u5206\u6b67\u3002\u661f\u93c8\u662f\u7576\u524dSpaceX\u65d7\u4e0b\u552f\u4e00\u6301\u7e8c\u76c8\u5229\u7684\u677f\u584a\uff0c\u4e5f\u662f\u6574\u500b\u80a1\u6b0a\u6545\u4e8b\u6700\u5927\u7684\u8b8a\u91cf\u3002\u9ad8\u76db\u4e00\u65b9\u62bc\u6ce8\u7684\u662f\u8d85\u6307\u6578\u7d1a\u589e\u9577\uff1a\u4ed6\u5011\u8a8d\u70ba\u661f\u93c8\u5c07\u9010\u6b65\u7a4d\u7d2f\u6578\u5343\u842c\u7528\u6236\uff0c\u96a8\u8457\u4f01\u696d\u670d\u52d9\u3001\u822a\u7a7a\u6d77\u4e8b\u7b49\u79fb\u52d5\u5834\u666f\u6ef2\u900f\uff0c\u6bcf\u7528\u6236\u5e73\u5747\u6536\u5165\u5c07\u6301\u7e8c\u6500\u5347\uff0c\u898f\u6a21\u6548\u61c9\u4e0b\u5229\u6f64\u7d50\u69cb\u5411\u8edf\u4ef6\u516c\u53f8\u9760\u650f\u3002\u9019\u7a2e\u5047\u8a2d\u4e0b\uff0c\u661f\u93c8\u5c31\u662f\u4e00\u500b\u9023\u63a5\u4e00\u5207\u7684\u201c\u64cd\u4f5c\u7cfb\u7d71\u201d\uff0c\u5e36\u4f86\u7684\u4f30\u503c\u908a\u754c\u8db3\u4ee5\u6bd4\u80a9\u79d1\u6280\u5de8\u982d\u3002<\/p>\n

\u6469\u6839\u58eb\u4e39\u5229\u5247\u52fe\u52d2\u51fa\u53e6\u4e00\u5e45\u5716\u666f\u3002\u4ed6\u5011\u64d4\u6182\u6d88\u8cbb\u8005\u5bec\u5e36\u5e02\u5834\u7684\u7528\u6236\u6d41\u5931\u3001\u5168\u7403\u983b\u8b5c\u5354\u8abf\u7684\u8907\u96dc\u6027\uff0c\u4ee5\u53ca\u4f4e\u8ecc\u661f\u5ea7\u66f4\u65b0\u63db\u4ee3\u6c38\u7121\u6b62\u5883\u7684\u8cc7\u672c\u6d88\u8017\u3002\u5728\u9019\u4e00\u6d3e\u770b\u4f86\uff0c\u661f\u93c8\u66f4\u50cf\u4e00\u5bb6\u8cc7\u672c\u5bc6\u96c6\u7684\u96fb\u4fe1\u8a2d\u65bd\u5546\uff0c\u9762\u81e8\u50f9\u683c\u7af6\u722d\u548c\u66ff\u4ee3\u8005\u6311\u6230\uff0c\u7406\u61c9\u7d66\u4e88\u57fa\u790e\u8a2d\u65bd\u4f01\u696d\u7684\u4f30\u503c\u500d\u6578\u3002\u50c5\u6b64\u4e00\u5f79\uff0c\u5169\u5bb6\u6a21\u578b\u7684\u7d42\u5c40\u50f9\u503c\u4fbf\u5288\u958b\u4e86\u4e00\u9053\u842c\u5104\u7f8e\u91d1\u7684\u6df1\u8c37\u3002<\/p>\n

\u661f\u8266\u7684\u6642\u9593\u8ced\u6ce8\u653e\u5927\u5206\u6b67<\/h2>\n

\u5982\u679c\u8aaa\u661f\u93c8\u662f\u589e\u9577\u5f15\u64ce\uff0c\u90a3\u9ebc\u661f\u8266\uff08Starship\uff09\u5c31\u662f\u6c7a\u5b9a\u9019\u53f0\u5f15\u64ce\u4f55\u6642\u9ede\u706b\u3001\u80fd\u958b\u591a\u5feb\u7684\u626d\u77e9\u3002\u9ad8\u4f30\u503c\u4e00\u65b9\u5c07\u5b8c\u5168\u53ef\u91cd\u8907\u4f7f\u7528\u91cd\u578b\u706b\u7bad\u7684\u5feb\u901f\u6210\u529f\u8996\u70ba\u6838\u5fc3\u5047\u8a2d\uff1a\u4e00\u65e6\u5927\u898f\u6a21\u8907\u7528\u5be6\u73fe\uff0c\u767c\u5c04\u6210\u672c\u66f2\u7dda\u5c07\u88ab\u5fb9\u5e95\u58d3\u6241\uff0c\u767c\u5c04\u983b\u6b21\u8e8d\u5347\uff0c\u5f9e\u800c\u6253\u958b\u5728\u8ecc\u88fd\u9020\u3001\u6df1\u7a7a\u7269\u6d41\u7b49\u5168\u65b0\u5e02\u5834\uff0c\u81ea\u7531\u73fe\u91d1\u6d41\u62d0\u9ede\u5927\u5e45\u63d0\u524d\u3002<\/p>\n

\u800c\u5927\u6469\u6a21\u578b\u4e2d\u986f\u7136\u690d\u5165\u4e86\u66f4\u591a\u7684\u9032\u5ea6\u6298\u50f9\u3002\u4efb\u4f55\u6642\u9593\u8868\u63a8\u9072\u3001\u98db\u884c\u7570\u5e38\u6216\u8907\u7528\u7387\u722c\u5761\u4e0d\u53ca\u9810\u671f\uff0c\u90fd\u6703\u5c07\u90a3\u500b\u73fe\u91d1\u6d41\u8f49\u6b63\u7684\u6642\u9ede\u63a8\u5411\u66f4\u9060\u7684\u672a\u4f86\u3002\u4e0a\u5e02\u4e4b\u5f8c\uff0c\u6bcf\u4e00\u500b\u8a66\u9a57\u91cc\u7a0b\u7891\u7684\u9054\u6210\u6216\u843d\u7a7a\uff0c\u90fd\u5c07\u88ab\u5e02\u5834\u5be6\u6642\u5b9a\u50f9\uff0c\u5f9e\u4f30\u503c\u4e2d\u76f4\u63a5\u6263\u6e1b\u6216\u6dfb\u52a0\u98a8\u96aa\u6ea2\u50f9\u3002<\/p>\n

1.77\u842c\u5104\u7684\u201c\u5927\u8c61\u201d\u8207\u5b64\u7368\u7684\u7368\u7acb\u4f30\u503c<\/h2>\n

SpaceX\u7684IPO\u5b9a\u50f9\uff0c\u5df2\u4f7f\u5176\u5e02\u503c\u78be\u58d3\u4e86\u6a19\u666e500\u822a\u7a7a\u822a\u5929\u8207\u570b\u9632\u677f\u584a\u7684\u7e3d\u548c\u3002\u7136\u800c\uff0c\u5728\u83ef\u723e\u8857\u4e4b\u5916\uff0c\u7368\u7acb\u7814\u7a76\u6a5f\u69cb\u7d66\u51fa\u7684\u516c\u5141\u50f9\u503c\u5927\u591a\u9060\u9060\u843d\u5728\u9019\u500b\u6578\u5b57\u4e4b\u4e0b\uff0c\u6700\u77e5\u540d\u7684\u4e00\u4efd\u5831\u544a\u5c07SpaceX\u4f30\u503c\u9328\u5b9a\u57287800\u5104\u7f8e\u5143\u3002\u9019\u610f\u5473\u8457\uff0c\u5982\u679c\u4ee5\u767c\u884c\u50f9\u8cb7\u5165\uff0c\u6295\u8cc7\u4eba\u5be6\u969b\u662f\u5728\u70ba\u4e00\u4efd\u8d85\u9577\u7b49\u5f85\u671f\u7684\u589e\u9577\u66f2\u7dda\u63d0\u524d\u8cb7\u55ae\uff0c\u6240\u9700\u7684\u5167\u542b\u56de\u5831\u7387\u5efa\u7acb\u5728\u6975\u5c11\u6578\u5047\u8a2d\u4e0a\uff1a\u96d9\u4f4d\u6578\u7684\u6301\u7e8c\u6536\u5165\u589e\u901f\u3001\u661f\u93c8\u7684\u5feb\u901f\u7d93\u71df\u6760\u6746\u3001\u898f\u6a21\u9f90\u5927\u7684\u653f\u5e9c\u8207\u570b\u9632\u8a02\u55ae\uff0c\u4ee5\u53ca\u6beb\u4e0d\u52d5\u6416\u7684\u99ac\u65af\u514b\u6ea2\u50f9\u3002<\/p>\n

\u9ad8\u76db\u6df1\u5ea6\u53c3\u8207SpaceX\u878d\u8cc7\u5df2\u903e\u6578\u5e74\uff0c\u5f9e2023\u5e7419\u5104\u7f8e\u5143\u7684\u50b5\u5238\u767c\u884c\u52302024\u5e74\u672b\u7684\u79c1\u52df\u8981\u7d04\uff0c\u5b83\u672c\u8eab\u5c31\u662f\u99ac\u65af\u514b\u9019\u5834\u5b8f\u5927\u6558\u4e8b\u7684\u6838\u5fc3\u6ce8\u8cc7\u8005\u3002\u5982\u4eca\uff0c\u5b83\u8207\u5927\u6469\u540c\u6642\u558a\u51fa\u201c\u8cb7\u5165\u201d\uff0c\u537b\u756b\u51fa\u4e86\u622a\u7136\u4e0d\u540c\u7684\u5730\u5716\uff0c\u9019\u6070\u597d\u6495\u958b\u4e86\u5e02\u5834\u5171\u8b58\u6975\u5ea6\u8106\u5f31\u7684\u771f\u76f8\u3002<\/p>\n

\u99ac\u65af\u514b\u56e0\u5b50\u8207\u5373\u5c07\u5230\u4f86\u7684\u6ce2\u52d5<\/h2>\n

\u4efb\u4f55\u70baSpaceX\u5b9a\u50f9\u7684\u6a21\u578b\uff0c\u90fd\u7121\u6cd5\u525d\u96e2\u99ac\u65af\u514b\u672c\u4eba\u7684\u70d9\u5370\u3002\u9019\u500b\u7531\u7279\u65af\u62c9\u6642\u4ee3\u6c89\u6fb1\u4e0b\u4f86\u7684\u201c\u99ac\u65af\u514b\u6ea2\u50f9\u201d\uff0c\u88f9\u633e\u8457\u6558\u4e8b\u9a45\u52d5\u578b\u57fa\u91d1\u3001\u6563\u6236\u60c5\u7dd2\u548c\u552f\u6050\u8e0f\u7a7a\u7684\u6a5f\u69cb\u8cc7\u91d1\u3002\u5b83\u80fd\u5728\u98a8\u5e73\u6d6a\u975c\u6642\u6490\u8d77\u8d85\u9ad8\u4f30\u503c\uff0c\u4e5f\u80fd\u5728\u8ca0\u9762\u8f3f\u60c5\u7206\u767c\u6642\u6025\u5287\u62bd\u96e2\uff0c\u5c24\u5176\u662f\u9396\u5b9a\u671f\u7d50\u675f\u3001\u4e8c\u6b21\u767c\u552e\u6e67\u51fa\u6216\u5b8f\u89c0\u6d41\u52d5\u6027\u6536\u7dca\u4e4b\u969b\u3002<\/p>\n

\u96a8\u8457\u975c\u9ed8\u671f\u7d50\u675f\uff0c\u66f4\u591a\u6295\u884c\u5c07\u9678\u7e8c\u767c\u4f48\u7814\u5831\uff0c\u9ad8\u76db\u8207\u5927\u6469\u4e4b\u9593\u9019\u9053\u842c\u5104\u7f8e\u91d1\u88c2\u75d5\uff0c\u5df2\u7d93\u70ba\u5168\u83ef\u723e\u8857\u92ea\u958b\u4e86\u4e00\u689d\u6975\u5bec\u7684\u4fee\u6b63\u8dd1\u9053\u3002SpaceX\u5982\u9858\u8fce\u4f86\u4e86\u516c\u958b\u5e02\u5834\u7684\u7d42\u6975\u6aa2\u9a57\uff0c\u672a\u4f86\u5e7e\u500b\u5b63\u5ea6\uff0c\u662f\u76c8\u5229\u6578\u64da\u8ffd\u4e0a\u4f30\u503c\uff0c\u9084\u662f\u91cd\u5beb\u6240\u6709\u6a02\u89c0\u6a21\u578b\uff0c\u7b54\u6848\u6b63\u5728\u5287\u70c8\u919e\u91c0\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

Goldman Sachs \u548c Morgan Stanley \u5728 SpaceX \u4e0a\u5e02\u5f8c\u7684\u4f30\u503c\u76f8\u5dee\u903e 1 \u5146\u7f8e\u5143\uff0c\u5169\u8005\u5c0d Starlink \u6210\u9577\u3001Starship \u57f7\u884c\u529b\u53ca Musk \u6ea2\u50f9\u6709\u4e0d\u540c\u770b\u6cd5\uff0c\u70ba\u672a\u4f86\u5287\u70c8\u7684\u50f9\u683c\u767c\u73fe\u968e\u6bb5\u53ca\u5c0d\u5e02\u5834\u5171\u8b58\u7684\u6311\u6230\u57cb\u4e0b\u4f0f\u7b46\u3002<\/p>\n","protected":false},"author":48,"featured_media":587492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[426],"tags":[675,809,773],"class_list":["post-648589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hant","tag--zh-hant","tag-809","tag-773"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/648589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=648589"}],"version-history":[{"count":2,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/648589\/revisions"}],"predecessor-version":[{"id":648640,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/648589\/revisions\/648640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/587492"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=648589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=648589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=648589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}