市值蒸发8000亿,小米还能撑多久? episode artwork

EPISODE · Apr 9, 2026 · 14 MIN

市值蒸发8000亿,小米还能撑多久?

from 创业实战营销陈轩 | 帮你多赚3000万

雷军的造车计划还未正式上市,先被资本市场“撞”了。百亿私募大佬王文直言小米“主业不聚焦”“追热点”,但又补充“小米是好公司”。小米股价从2025年6月到2026年4月下跌近50%,市值蒸发8000亿港元。小米面临三重焦虑:手机业务利润下滑、汽车业务净利率低、AI业务投入巨大。雷军的生态战略能否成功,关键在于汽车业务能否实现正向盈利,从而支撑整体生态布局。

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市值蒸发8000亿,小米还能撑多久?

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