16|SpaceX 对比特斯拉：同一个马斯克，两次万亿赌局

本节目含人工智能生成内容。SpaceX 上市了。募资 750 亿美元，首日市值 2.1 万亿，成为美股史上最大 IPO。但这家公司 2025 年还亏了 49 亿美元，市销率超过 90 倍。这到底是真实的价值，还是一个巨大的泡沫？上集我们用芒格的思维模型，拆解 SpaceX 的三层故事——星链、火箭、太空 AI，并对比特斯拉 2010 年的上市历程，看看同一个马斯克，两次资本故事有哪些相似和不同。#SpaceX #马斯克 #特斯拉 #IPO #泡沫 #星链 #芒格 #投资分析在小宇宙查看该单集文稿

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16|SpaceX 对比特斯拉：同一个马斯克，两次万亿赌局

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