<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Rocket-Lab.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Rocket-Lab.jpg"/></p>
<p>太空产业正在快速增长，正接近一个关键时代，因为维珍银河（Virgin Galactic）、蓝色起源（Blue Origin）和 SpaceX 等公司开始提供他们的服务。摩根大通（Morgan Stanley）的一份报告估计，该行业价值约为 3500 亿美元，并将在 2035 年达到 1.8 万亿美元。</p>
<p>进入这个行业很困难，正如维珍银河的历史所证明的那样，该公司始于 20 年前。因此，那些在发展上领先太多的现有公司将是最终取胜和主导的公司。</p>
<p>对于投资者来说，维珍银河和 Rocket Lab 是两个值得考虑的选择。本文将重点介绍这两家公司，并解释为什么 Rocket Lab 是更好的选择。</p>
<h2>维珍银河可能会现金流告急</h2>
<p>由理查德·布兰森（Richard Branson）支持的维珍银河是一家旨在使太空旅行成为主流的公司。</p>
<p>为此，该公司已经实现了许多里程碑，包括获得认证和将游客送上太空。</p>
<p>现在，管理层正在研发两款德尔塔太空飞船，它们将在 2026 年开始商业化时搭载更多乘客。</p>
<p>维珍银河还完成了在亚利桑那州建造的最终装配厂，该厂将用于德尔塔级太空飞船。</p>
<p>该公司已经有数百个预订 - 旅行价格超过 45 万美元 - 并相信其航班将在短期内盈利。</p>
<p>唯一的风险，正如我之前所写的，是维珍银河可能会面临资金短缺，迫使进行紧急出售或破产。此外，其姐妹公司维珍轨道（Virgin Orbit）去年申请破产。</p>
<p>从表面上看，公司的情况看起来不错，因为其现金、等价物和可交易证券总额超过 8.21 亿美元。它还在缩小亏损，就像在上个季度亏损 9400 万美元一样。</p>
<p>然而，维珍银河将在现在到 2026 年开始商业航班之间烧掉更多现金。随着公司推进规模化运营，现金消耗也将继续。</p>
<p>更糟糕的是，股价暴跌，使其市值为 2.02 亿美元，而理查德·布兰森已排除了为其提供更多现金的可能性。因此，除非管理层找到筹集资金的方法，可能是通过可转债，否则公司可能难以维持生存。</p>
<h2>Rocket Lab 是更好的太空股票</h2>
<p>与维珍银河一样，Rocket Lab 自 2021 年进行 SPAC 合并以来股价表现不佳。股价暴跌超过 67%，市值超过 34 亿美元。</p>
<p>这两家公司在很多方面有很大的不同。维珍银河专注于太空旅游，而 Rocket Lab 提供端到端解决方案，包括发射服务、航天器设计和航天器制造。</p>
<p>Rocket Lab 也开始盈利。数据显示，其年收入从 2019 年的 4800 万美元增长到 2023 年的 2.44 亿美元以上。</p>
<p>这种增长在其最近的财务业绩中得到体现，其总收入达到 1.06 亿美元，占其 2019 年全年收入的 43%。收入比上一季度增长了 15%。</p>
<p>此外，公司的订单 backlog 达到了 10.6 亿美元，由 NASA 和国防部等商业和政府机构组成。</p>
<p>公司希望其第三季度收入将在 1 亿美元至 1.05 亿美元之间，其太空系统将产生 7900 万至 8400 万美元。公司还预计其毛利率将提高到 27% 左右。</p>
<p>因此，随着太空发射需求的增加，以及管理层转向专注盈利能力，Rocket Lab 有扩大业务的空间。</p>
<h2>Rocket Lab 股票技术面强劲</h2>
<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Rocket-Lab-stock.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Rocket-Lab-stock.png"/></p>
<p>投资 Rocket Lab 的另一个原因是它具有一些坚实的技术面。从上面的图表中，我们可以看到，它在 3.63 美元处找到了强劲支撑，自 2023 年 7 月以来未能跌破该水平。自那时以来，它至少六次努力跌破该水平。</p>
<p>现在，它已经反弹，并且正在接近 23.6% 的斐波纳契回撤水平。它也突破了 50 周移动平均线，并且正在接近 8 美元的阻力点，即 3.63 美元多重底的颈线。</p>
<p>因此，该股的最小阻力路径是看涨，初始目标位于 8 美元。突破该点将打开其上涨至 10.42 美元的 38.2% 回撤点的可能性，这比当前水平高约 50%。</p>
<p>本文来源于 Invezz，原文链接：Avoid Virgin Galactic stock: buy Rocket Lab instead</p>

RKLB

<p>根据摩根大通的一份报告，预计到 2035 年，不断增长的太空产业规模可能达到 1.8 万亿美元，主要参与者包括维珍银河和 Rocket Lab。维珍银河面临潜在的财务困难，尽管现金储备超过 3 亿美元，而 Rocket Lab 则显示出有望的财务增长，自 2019 年以来收入显著增长。文章指出，由于 Rocket Lab 提供端到端解决方案并且盈利能力不断改善，相较于主要专注于太空旅游并面临现金耗尽风险的维珍银河，Rocket Lab 呈现出更好的投资选择</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Rocket-Lab.jpg" alt="" original-src="https://invezz.com/wp-content/uploads/2024/08/Rocket-Lab.jpg"/></p>
<p>The space industry is growing and nearing a pivotal era as companies like Virgin Galactic (SPCE), Blue Origin, and SpaceX start offering their services. A report by Morgan Stanley estimates that the industry is worth about $350 billion and that it will get to $1.8 trillion in 2035.</p>
<div class="lb-trans"><p>太空产业正在快速增长，正接近一个关键时代，因为维珍银河（Virgin Galactic）、蓝色起源（Blue Origin）和 SpaceX 等公司开始提供他们的服务。摩根大通（Morgan Stanley）的一份报告估计，该行业价值约为 3500 亿美元，并将在 2035 年达到 1.8 万亿美元。</p>
</div><p>It is hard to get in, as evidenced by Virgin Galactic’s history, which began 20 years ago. As such, the existing companies, which are too far ahead in their development, are the ones set to prevail and dominate.</p>
<div class="lb-trans"><p>进入这个行业很困难，正如维珍银河的历史所证明的那样，该公司始于 20 年前。因此，那些在发展上领先太多的现有公司将是最终取胜和主导的公司。</p>
</div><p>For investors, Virgin Galactic and Rocket Lab are two options to consider. This article looks at the two of them and explains why the latter is the better option.</p>
<div class="lb-trans"><p>对于投资者来说，维珍银河和 Rocket Lab 是两个值得考虑的选择。本文将重点介绍这两家公司，并解释为什么 Rocket Lab 是更好的选择。</p>
</div><h2>Virgin Galactic could run out of cash</h2>
<div class="lb-trans"><h2>维珍银河可能会现金流告急</h2>
</div><p>Virgin Galactic, backed by Richard Branson, is a company whose end goal is to make space travel mainstream.</p>
<div class="lb-trans"><p>由理查德·布兰森（Richard Branson）支持的维珍银河是一家旨在使太空旅行成为主流的公司。</p>
</div><p>To that end, the company has achieved many milestones, including certification and taking tourists to space.</p>
<div class="lb-trans"><p>为此，该公司已经实现了许多里程碑，包括获得认证和将游客送上太空。</p>
</div><p>Now, the management is working on two Delta space crafts, which will carry more passengers when they start commercialization in 2026.</p>
<div class="lb-trans"><p>现在，管理层正在研发两款德尔塔太空飞船，它们将在 2026 年开始商业化时搭载更多乘客。</p>
</div><p>Virgin Galactic has also completed building a final assembly plant in Arizona, which will be used for the Delta Class spaceships.</p>
<div class="lb-trans"><p>维珍银河还完成了在亚利桑那州建造的最终装配厂，该厂将用于德尔塔级太空飞船。</p>
</div><p>The company has hundreds of reservations – for a trip priced at over $450,000 – and it believes that its flights will be profitable within a short period.</p>
<div class="lb-trans"><p>该公司已经有数百个预订 - 旅行价格超过 45 万美元 - 并相信其航班将在短期内盈利。</p>
</div><p>The only risk, as I have written before, is that Virgin Galactic could run out of money, forcing a distress sale or bankruptcy. Besides, Virgin Orbit, its sister company, filed for bankruptcy last year.</p>
<div class="lb-trans"><p>唯一的风险，正如我之前所写的，是维珍银河可能会面临资金短缺，迫使进行紧急出售或破产。此外，其姐妹公司维珍轨道（Virgin Orbit）去年申请破产。</p>
</div><p>On paper, things look good as the company has over $821 million in cash, equivalents, and marketable securities. It is also narrowing its losses, as it did in the last quarter when its net loss came in at $94 million.</p>
<div class="lb-trans"><p>从表面上看，公司的情况看起来不错，因为其现金、等价物和可交易证券总额超过 8.21 亿美元。它还在缩小亏损，就像在上个季度亏损 9400 万美元一样。</p>
</div><p>However, Virgin Galactic will burn more cash between now and 2026 when its commercial flights are expected to start. The cash burn will also continue as the company moves to scale its operations.</p>
<div class="lb-trans"><p>然而，维珍银河将在现在到 2026 年开始商业航班之间烧掉更多现金。随着公司推进规模化运营，现金消耗也将继续。</p>
</div><p>Worse, the stock has crashed, giving it a market cap of $202 million while Richard Branson has ruled out giving it more cash. Therefore, it could struggle to stay afloat unless the management finds a way of raising cash, probably through convertible debt.</p>
<div class="lb-trans"><p>更糟糕的是，股价暴跌，使其市值为 2.02 亿美元，而理查德·布兰森已排除了为其提供更多现金的可能性。因此，除非管理层找到筹集资金的方法，可能是通过可转债，否则公司可能难以维持生存。</p>
</div><h2>Rocket Lab is a better space stock</h2>
<div class="lb-trans"><h2>Rocket Lab 是更好的太空股票</h2>
</div><p>Like Virgin Galactic, Rocket Lab’s stock has not done well since its SPAC merger in 2021. It has crashed by over 67%, giving it a market cap of over $3.4 billion.</p>
<div class="lb-trans"><p>与维珍银河一样，Rocket Lab 自 2021 年进行 SPAC 合并以来股价表现不佳。股价暴跌超过 67%，市值超过 34 亿美元。</p>
</div><p>The two companies are significantly different from each other. SPCE focus is on space tourism while Rocket Lab offers end-to-end solutions, including launch services, spacecraft design, and spacecraft manufacturing.</p>
<div class="lb-trans"><p>这两家公司在很多方面有很大的不同。维珍银河专注于太空旅游，而 Rocket Lab 提供端到端解决方案，包括发射服务、航天器设计和航天器制造。</p>
</div><p>It has also started making money. Data shows that its annual revenue has grown from over $48 million in 2019 to over $244 million in 2023.</p>
<div class="lb-trans"><p>Rocket Lab 也开始盈利。数据显示，其年收入从 2019 年的 4800 万美元增长到 2023 年的 2.44 亿美元以上。</p>
</div><p>This growth was seen its recent financial results as its total revenue came in at $106, or 43% of what it made in the whole of 2023. The revenue was also 15% higher than what it made in the previous quarter.</p>
<div class="lb-trans"><p>这种增长在其最近的财务业绩中得到体现，其总收入达到 1.06 亿美元，占其 2019 年全年收入的 43%。收入比上一季度增长了 15%。</p>
</div><p>Additionally, the company’s backlog jumped to $1.06 billion, made up of commercial and government agencies like NASA and the Department of Defense (DoD).</p>
<div class="lb-trans"><p>此外，公司的订单 backlog 达到了 10.6 亿美元，由 NASA 和国防部等商业和政府机构组成。</p>
</div><p>The company hopes that its Q3 revenue will be between $100 million and $105 million, with its space systems generating between $79 million and $84 million. It also expects that its gross margins will improve to about 27%.</p>
<div class="lb-trans"><p>公司希望其第三季度收入将在 1 亿美元至 1.05 亿美元之间，其太空系统将产生 7900 万至 8400 万美元。公司还预计其毛利率将提高到 27% 左右。</p>
</div><p>Therefore, Rocket Lab has room to grow its business as space launch demand rises and as the management shifts gears to focus on profitability.</p>
<div class="lb-trans"><p>因此，随着太空发射需求的增加，以及管理层转向专注盈利能力，Rocket Lab 有扩大业务的空间。</p>
</div><h2>Rocket Lab stock has strong technicals</h2>
<div class="lb-trans"><h2>Rocket Lab 股票技术面强劲</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2024/08/Rocket-Lab-stock.png" alt="" original-src="https://invezz.com/wp-content/uploads/2024/08/Rocket-Lab-stock.png"/></p>
<p>The other reason to invest in Rocket Lab is that it has some solid technicals. On the chart above, we see that it found a strong support at $3.63, where it failed to move below since July 2023. It has struggled to pass below that level at least six times since then.</p>
<div class="lb-trans"><p>投资 Rocket Lab 的另一个原因是它具有一些坚实的技术面。从上面的图表中，我们可以看到，它在 3.63 美元处找到了强劲支撑，自 2023 年 7 月以来未能跌破该水平。自那时以来，它至少六次努力跌破该水平。</p>
</div><p>Now, it has rallied and is approaching the 23.6% Fibonacci Retracement level. It has also jumped above the 50-week moving average and is approaching the resistance point at $8, the neckline of the multiple bottoms at $3.63.</p>
<div class="lb-trans"><p>现在，它已经反弹，并且正在接近 23.6% 的斐波纳契回撤水平。它也突破了 50 周移动平均线，并且正在接近 8 美元的阻力点，即 3.63 美元多重底的颈线。</p>
</div><p>Therefore, the path of the least resistance for the stock is bullish, with the initial target being at $8. A break above that point will open the possibility of it moving to the 38.2% retracement point at $10.42, which is about 50% above the current level.</p>
<div class="lb-trans"><p>因此，该股的最小阻力路径是看涨，初始目标位于 8 美元。突破该点将打开其上涨至 10.42 美元的 38.2% 回撤点的可能性，这比当前水平高约 50%。</p>
</div><p>The post Avoid Virgin Galactic stock: buy Rocket Lab instead appeared first on Invezz</p>
<div class="lb-trans"><p>本文来源于 Invezz，原文链接：Avoid Virgin Galactic stock: buy Rocket Lab instead</p>
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避免购买 Virgin Galactic 的股票：转而购买 Rocket Lab USA 的股票