1. **Document Type Identification**: This is a financial/tech news analysis article regarding SpaceX's IPO valuation, business path, and narrative shift. 2. **Terminology Check**: - "IPO" is a standard acronym, keep as is. - "估值" -> "valuation" - "业务路径" -> "business path" - "盈利路径" -> "profit path" - "叙事" -> "narrative" - "资本开支" -> "capital expenditure" - "可服务市场" -> "addressable market" - "入轨载荷" -> "orbital payload capacity" 3. **Special Rule**: "Odaily 星球日报" -> "Odaily". 4. **Structure**: The input contains a `` tag block that is split by the `
