[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio16c10e79":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcio16c10e79","重磅！马斯克明确表态：支持SpaceX与特斯拉合并！","\u002Fdoc\u002Fdcio16c10e79","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\n\u003C\u002Fp>\u003Cp>\u003Cspan>\u003Cspan>马斯克终于把\u003C\u002Fspan>SpaceX\u003Cspan>与特斯拉的合并传闻，推进到了一个实质性的新阶段。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>在\u003C\u002Fspan>10\u003Cspan>月\u003C\u002Fspan>20\u003Cspan>日\u003C\u002Fspan>SpaceX\u003Cspan>第三季度财报电话会上，德意志银行分析师直接问马斯克，两家公司合并究竟有哪些好处，又面临什么障碍？\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>马斯克先开玩笑说，回答这个问题就像在雷区里跳舞，必须非常小心。但随后他透露了一个重磅消息：\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>SpaceX\u003Cspan>和特斯拉已经分别成立由独立董事组成的特别委员会，正式讨论股东提出的合并构想。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>当被问到是否认为合并是个好主意时，马斯克明确回答：“是的。”\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>为什么马斯克如此支持？\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>因为在他看来，两家公司的业务正在形成越来越紧密的联系。从超级人工智能软件、芯片设计、\u003C\u002Fspan>TeraFab\u003Cspan>超级芯片工厂，到机器人、太空运输以及\u003C\u002Fspan>Starlink\u003Cspan>卫星通信网络，未来都有巨大的协同空间。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>如果两家公司最终合并，马斯克就有机会把地面\u003C\u002Fspan>AI\u003Cspan>算力、机器人、芯片制造与太空基础设施整合进同一个商业体系。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>但马斯克也特别强调，合并远没有板上钉钉。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>由于他同时涉及两家公司，存在利益冲突，因此不能参与独立委员会的谈判。目前双方尚未就任何交易条款达成一致，最终还需要获得股东批准。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>尤其是特斯拉，按照马斯克在电话会上的说法，需要获得全部流通股份至少\u003C\u002Fspan>50%\u003Cspan>的支持，而不只是参与投票股东的多数，门槛相当高。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>美股投资网认为，如果\u003C\u002Fspan>SpaceX\u003Cspan>与特斯拉最终合并，最大的价值在于把\u003C\u002Fspan>AI\u003Cspan>、机器人、芯片制造和太空基础设施整合到同一个体系中。\u003C\u002Fspan>\u003Cspan>这可能进一步强化马斯克的技术生态，也为特斯拉打开新的长期增长空间。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>但对于\u003C\u002Fspan>TSLA\u003Cspan>股东来说，我更关心的是交易究竟怎么定价。如果最终采取换股合并，\u003C\u002Fspan>SpaceX\u003Cspan>估值定得过高，特斯拉就可能需要付出更多股权，现有股东也将面临稀释。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>即使两家公司的业务协同再强，如果交易价格不合理，最终受益的也未必是特斯拉股东。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>所以，我看好两家公司长期整合的战略方向，但不会仅仅因为马斯克表态支持，就把合并当成\u003C\u002Fspan>TSLA\u003Cspan>的确定性利好。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>\u003Cspan>接下来真正值得关注的，是双方能否达成协议，以及最终的估值和换股比例。\u003C\u002Fspan>\u003Cspan>这才是决定特斯拉股东能从合并中获得多少价值的关键。\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>$TSLA 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 \u003Ca href=\"https:\u002F\u002Fstockwe.com\" rel=\"noopener\">StockWe.com\u003C\u002Fa> 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理海量股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，美股买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"courseContent":87,"more":88,"buyNow":89,"subscribeNow":90,"encoding":91,"paidContent":92},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]