Ale's World of Stocks 对 $SPCX 的判断变化
好了，我们剩下最后两只股票。这两只是最大的持仓，排在第七位的是今年早些时候创造历史的巨头，那就是 SpaceX，股票代码 SPCX，Nvidia 目前持有其价值超过 210 亿美元的股票，仅这一项持仓就约占其整个投资组合的三分之一。
Okay, we're down to the two final stocks here. The These are the two largest holdings and coming in at number seven, we have a giant that just made history earlier this year and that is of course SpaceX ticker symbol SPCX which Nvidia now holds over 21 billion dollars worth of the stock making this one holding alone worth about a third of their entire portfolio.
那么，为什么 Nvidia 如此看好这只股票呢？虽然 SpaceX 长期来看确实承担着巨大风险，但它也具有同样高的潜力，这就是为什么它今年早些时候打破了纪录，成为市场历史上最大的 IPO。
Now, why would Nvidia be so bullish on this one? Well, while it's true that SpaceX carries giant risk long-term, it also carries equally high potential which is why it broke records earlier this year as the largest IPO in market history.
你看，SpaceX 正迅速成为 AI 未来最大的押注之一。最近将 XAI 并入其运营后，他们刚刚推出了新的 Grok 4.5 模型，甚至还以令人瞠目结舌的 600 亿美元收购了 AI 编码初创公司 Cursor。
See, SpaceX is quickly becoming one of the biggest plays on the future of AI. Having recently absorbed XAI into their operations, they just launched their new Grok 4.5 model, and they even acquired the AI coding startup Cursor for an eye-watering $60 billion too.
此外，Elon Musk 最近表示，他们将专门使用 Nvidia 来建造超级计算机。然而，构建所有这些未来技术极其昂贵，仅上个季度他们就烧掉了超过 180 亿美元的资本支出。
Plus, Elon Musk recently stated that they'll be building their supercomputers exclusively with Nvidia However, building all of this future tech is incredibly expensive as they burn through 18.3 over $18 billion in CapEx just last quarter alone.
但好的一面是，增长也如日中天，营收接近三位数增长，而分析师预计，由于对 AI 计算的需求以及用户规模最近翻倍的高利润 Starlink 业务，未来几年营收和利润都将出现更大的突破。
On the bright side though, growth is through the roof too with top line sales soaring close to triple digits, while analysts project even larger breakouts on both the top and bottom line in future years thanks to all of the demand for AI compute as well as their high margin Starlink business that saw its user base recently double in size.
正因为如此，展望未来几年，根据分析师的预测，到 2028 年其远期市盈率将降至 30 倍出头，这显然会非常有吸引力。
And because of it, looking a few years out, their forward P/E ratio does sink down to the low 30s by 2028 based on future analyst projections, which would be obviously very attractive.
Elon Musk 声称，如果他们实现所有目标，SpaceX 最终可能比整个地球的其他部分都更有价值，这相当疯狂。我的意思是，他可能是唯一真正相信这一点的人，但这确实让你了解到 SpaceX 至少瞄准的这些不同市场中蕴藏着多大的潜力。
I Elon Musk is claiming that uh it if they accomplish all of their goals, he says that SpaceX could eventually be worth more than the rest of the entire planet, which is pretty wild. I mean, you know, he's probably the only one that actually believes that, but um it does kind of give you an idea of just how much potential kind of lies here in these various markets that SpaceX is at least targeting.
因此，由于该股最近跌至甚至低于其历史 IPO 水平，我将把它排在我们名单中迄今最高的位置。同样，不是因为它比其他任何股票更安全，而只是因为它长期可能成为的样子，我认为它的上限比其他的要高得多，即使下限可能比其中一些略低。
So, because the stock recently dipped even lower than their historic IPO levels, I'm going to rank it the highest so far on our list. Again, not because it's safer than any any of these others, but just because of what it could eventually become long-term, which I think is a much higher kind of ceiling than the rest of these have, even if the floor might be a little lower than some of them, too.
就我个人而言，Synopsys 和 SpaceX 是我目前最感兴趣的两家公司。我正在积极考虑很快涉足它们，尤其是如果 SpaceX 继续下跌的话。
Personally, Synopsis and SpaceX are I would say the the two most intriguing to me personally at the moment. And I am actively thinking about dipping my toes in them soon, especially SpaceX if it continues to fall.