A stacked aluminum electrolytic capacitor includes a lead frame, a capacitor set, and at least one laser welding area. The lead frame includes a positive electrode end and a negative electrode end spaced from the positive electrode end. The capacitor set includes a plurality of stacked capacitor elements each having a positive electrode portion electrically connected to the positive electrode end and a negative electrode portion electrically connected to the negative electrode end. The at least one laser welding area is configured by a laser source capable of emitting a laser beam to perform laser welding on the positive electrode end and the positive electrode portion to form a fusion connection therebetween.