马：斯克或成为人类史上首个万【亿美元富】豪

　　刚刚随团访问中国的马斯克，正迎来人生又一重要里程碑。

　　近日，太空探索技术公司(SpaceX)向美国证券监管机构递交IPO招股书，标志其上市进程提速。

　　马斯克持有该公司12.3%的普通股和93.6%的B类股，加起来将控制公司85.1%的投票权。如果公司IPO估值达到媒体预估的2万亿美元，其净资产将升至1.1万亿美元。

　　即便按照相对保守的估值，加上他目前持有2920亿美元特斯拉股份以及在其他多家公司的股权，其个人净资产达到万亿美元，几乎也是板上钉钉的事。

　　那么，这1万亿美元，是个什么概念？

　　简单换算，这一数字超过了发达经济体瑞士一年的GDP，稳稳跻身全球经济体前20强。

　　有媒体换算，这一量级的百元美钞首尾相连铺成的“钞票路”，长度是地球到月球距离的四倍还多，可往返月球两次。

　　不过，这笔资产目前只停留在账面上。

　　要真正“落袋为安”，董事会给马斯克设了两道“关卡”：一是将公司市值推升至7.5万亿美元，二是公司在火星上建立一个拥有至少100万常住人口的永久人类聚居地。

　　招股书还加了一条：马斯克须在公司保持连续任职，才可取得上述任意一批次股票。马斯克要想真正拿到这笔财富，其难度不小。

　　细看该公司业务版图，这更像是一场惊心动魄的对赌。

　　招股书开篇就宣称已锁定“人类历史上最大的可操作总目标市场”：28.5万亿美元的总目标市场。

　　主要是三大支柱：通信业务1.6万亿美元，太空业务3700亿美元，AI业务高达26.5万亿美元，占比高达93%。

　　显然，马斯克押注的方向，是人工智能(AI)。

　　“我们预计将投入大量资本扩展算力基础设施，这些部署需要多年投资周期才能实现AI业务板块的持续转正。在此期间，资本支出将快速攀升。”这句话写在了招股书第53页。

　　马斯克此前表示，“我预计在未来两到三年内，最低成本的人工智能生成方式将出现在太空。”

　　自2025年初以来，其AI部门已豪掷204亿美元用于基础设施扩建，占同期总资本支出的三分之二。

　　然而，AI业务目前还处于亏损状态。

　　2025年，其AI收入仅32亿美元，运营亏损63.6亿美元。

　　金融研究机构NewConstructs首席执行官大卫·特雷纳提醒，该公司在AI领域的盈利能力和投资回报率均位列同业末席。

　　更长远的风险在于，AI科技股目前已经处于历史高位，市场担忧情绪正在蔓延。Portfolio财富顾问公司首席投资官李·芒森认为，“这充满泡沫感，带着互联网泡沫时期那种狂热能量。”

　　眼下，该公司其他业务的发展，也难言乐观。

　　《福布斯》杂志提醒，其28.5万亿美元的总目标市场，是企业对某领域全部营收机会的测算，而非实际可获收入的预测。

　　而且，航天与AI两个板块目前都处于亏损之中。

　　太空板块作为SpaceX的根基，2025年营收40.86亿美元，仍运营亏损6.57亿美元。

　　即便最赚钱的通信业务——星链，其新增用户的盈利能力正在下滑。数据显示，其单用户收入已从2023年的99美元降至今年第一季度的66美元。隐忧正在显现。

　　足见，1万亿美元财富背后，是马斯克式的豪赌，也是人类有史以来最昂贵的对赌协议。

　　其赌注，正是AI的未来前景。

　　(“三里河”工作室)

Exploring the Delightful World of Tianmei Twisted Noodles Jelly Videos in English

In the realm of culinary delights, there are certain treats that stand out from the crowd, captivating the taste buds of both locals and tourists alike. One such delectable snack is the Tianmei Twisted Noodles Jelly, a unique and flavorful treat that has gained popularity worldwide. To cater to the global audience, a variety of videos have been produced showcasing the making and enjoyment of this delightful snack. In this article, we will delve into the world of Tianmei Twisted Noodles Jelly videos in English, providing you with a comprehensive guide to this tasty treat. ### The Origin of Tianmei Twisted Noodles Jelly Tianmei Twisted Noodles Jelly, also known as Tianmei Shou Suan, is a traditional Chinese dessert that originated in the city of Tianmen, Hunan Province. Made from sweet potato starch and sugar, this jelly has a translucent, jelly-like texture and a slightly sweet taste. It is often served chilled and garnished with fresh fruits, nuts, or even a drizzle of honey, making it a refreshing and satisfying snack on a hot summer day. ### A Visual Journey Through Tianmei Twisted Noodles Jelly Videos The world of Tianmei Twisted Noodles Jelly videos in English offers a fascinating glimpse into the art of making this traditional snack. These videos provide step-by-step instructions, allowing viewers to learn how to prepare this delightful dessert at home. Here are some key aspects that you can expect to find in these videos: 1. **Ingredients**: The first step in making Tianmei Twisted Noodles Jelly is gathering the right ingredients. Most videos will list the necessary ingredients, including sweet potato starch, sugar, water, and sometimes fruit puree or juice. 2. **Preparation**: The videos will guide you through the process of preparing the sweet potato starch and sugar mixture. This typically involves dissolving the starch in water and then boiling the mixture until it reaches the desired consistency. 3. **Cooling and Setting**: Once the mixture has cooled down, it is poured into molds or containers and left to set. This process can take several hours, and the videos will provide tips on how to ensure the jelly sets properly. 4. **Garnishing**: The final step is to garnish the jelly with your choice of fresh fruits, nuts, or other toppings. This is where you can get creative and make your Tianmei Twisted Noodles Jelly unique to your taste. 5. **Enjoying the Jelly**: Finally, the videos will show you how to serve and enjoy your homemade Tianmei Twisted Noodles Jelly. Whether you're slicing it into cubes or simply breaking it into pieces, these videos will help you savor every bite. ### The Benefits of Watching Tianmei Twisted Noodles Jelly Videos in English Watching Tianmei Twisted Noodles Jelly videos in English offers several benefits: 1. **Language Learning**: For those interested in learning Chinese, watching these videos can be a fun and practical way to pick up new vocabulary and phrases related to cooking and food. 2. **Cultural Exchange**: By exploring the world of Tianmei Twisted Noodles Jelly videos, you can gain a deeper understanding of Chinese cuisine and culture, fostering a sense of global community. 3. **Inspiration**: These videos can inspire you to try new recipes and techniques, encouraging you to expand your culinary horizons. 4. **Enjoyment**: Finally, watching Tianmei Twisted Noodles Jelly videos can simply be a source of enjoyment and entertainment, providing a glimpse into the delightful world of traditional Chinese desserts. In conclusion, the world of Tianmei Twisted Noodles Jelly videos in English is a treasure trove of culinary knowledge and cultural insight. Whether you're a seasoned chef or a beginner in the kitchen, these videos offer a unique and enjoyable way to explore the art of making this traditional Chinese dessert. So why not dive into this delightful world and savor the taste of Tianmei Twisted Noodles Jelly for yourself?

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